Hand sanitiser at the entrance of coffee shop

What is the primary role of a trader in financial markets?

• To offer financial advice to individuals

• To provide loans to businesses

• To facilitate buying and selling of financial instruments

• To manage company accounts

Which skill is crucial for a trader to analyze market trends effectively?

• Public speaking

• Communication skills

• Creative writing

• Technical analysis

What strategy might a trader use to minimize risk?

• Investing all capital in one stock

• Ignoring market news

• Diversifying their portfolio

• Following a single market trend

What is a common challenge faced by traders?

• Lack of access to financial news

• Limited trading hours

• Inability to make quick decisions

• Overcoming emotional biases

How can traders overcome emotional biases?

• By avoiding all risks

• By trading based on rumors

• By setting strict trading rules

• By ignoring market data