Quizzes Category: Commodities 62 Created on September 30, 2020 By Eddie Vorman Commodities Trading Quiz If you are planning on entering the world of commodity trading, then you need to know what you’re doing. Let’s make sure you are aware of the real essence of a commodity in commerce and different types of commodities.Now, let’s get started. 1 / 5 First of all, what is a commodity? A commodity is a type of security that represents a piece of ownership in an organization. A commodity is a raw material or agricultural product in commerce that is interchangeable with other commodities. A commodity is a kind of derivative that gives you the chance to profit from price movements. A commodity is a global market that allows one currency to be exchanged for another. 2 / 5 Please, choose the right answer. A commodity market is a physical or virtual marketplace for buyers and sellers where they can trade any raw or primary products. The commodity market exists only in the physical marketplace and can’t be virtually exchanged. A commodity is a kind of derivative that gives you the chance to profit from price movements. A commodity is a type of natural metal, found in the scopes of mountains in the south. 3 / 5 The commodity market has two main forms: Exchange Based Market and OTC Market. What does OTC stand for? Offshore Technology Conduct Market Official Trading Corps Market Over the Counter Market One Time Cost Market 4 / 5 A variety of commodities are traded all over the world. However, there are some major ones to consider. Pick ONE answer that does NOT represent a major commodity. Gold and Silver Crude Oil Copper Natural Gas Coffee Dairy 5 / 5 What moves prices in commodity markets? Supply and Demand Macroeconomic Performance Politics The behavior of Other Traders in the Market All the above None of the above Your score is The average score is 49% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 31 Created on November 11, 2020 By Eddie Vorman Commodities – Oil Quiz Oil is one of the most famous commodities in the world. It's not called black gold for nothing, after all. But how much do you know about this immensely profitable investment? Let's see if you can answer some basic questions about it: 1 / 11 Please, choose the dominant component of natural gas: Oxygen Hydrogen Nitrogen Methane 2 / 11 Do you know the standard size for a barrel of oil measured in gallons? 55 159 42 26 3 / 11 Captain A. F. Lucas, the mining engineer, drilled an oil well near Beaumont, Texas. As a result, a gusher erupted on January 10, 1901, spewing oil for nine days before it was brought under control. Do you know the name of the hill that this well was located? Hill 937 Spindletop Bakken Eagle Ford 4 / 11 Do you know the name of the formation that occupies approximately 200,000 square miles of the subsurface of the Williston Basin, and is beneath parts of Montana, North Dakota, Manitoba, and Saskatchewan? Bakken Big Valley Spearfish Torquay 5 / 11 Choose the country, which is currently not a member of OPEC: Brazil Saudi Arabia Nigeria Angola 6 / 11 Which country produced the most oil in 2015? Saudi Arabia United States Russia China 7 / 11 Can you tell us approximately how many gallons of gasoline are produced from one barrel of crude oil? 55 42 5 19 8 / 11 The United States’ top oil-producing state since 2016 is: Alaska Oklahoma North Dakota Texas 9 / 11 Which state in the United States has had the highest effective gasoline tax since February 2016: California Pennsylvania Hawaii New York 10 / 11 What is the time period when well drilling begins known as: Start Date Drill Date Spud Date Cap Date 11 / 11 What do engineers call an area, which has a well drilled in but hasn’t previously produced oil or gas? Wildcat Newbie Tomcat Offset Well Your score is The average score is 34% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 21 Created on November 18, 2020 By Eddie Vorman Commodities – Gold Quiz Gold is the one of the world’s oldest and most valued commodities. Even when other goods fail, the price of Gold stays stable, and is less volatile. If you want to invest, this venue is really worth it. But how much do you know about this precious metal? Let’s see if you can answer some questions about it! 1 / 10 Can you choose the country, which is the world's largest consumer of gold? India Russia Brazil 2 / 10 Do you know which bank has the world's largest stockpile of gold, 25% of the world's reserve? Reserve Bank of India Bank of England Federal Reserve Bank of New York 3 / 10 Which nation used gold to create jewelry first? Americans Egyptians Indians 4 / 10 Gold mines produce gold commercially on every continent except? Africa Asia Antarctica 5 / 10 Which is the most famous gold bullion coin in the world? Chinese Dragon Indian Tiger American Gold Eagle 6 / 10 Choose the metal which contains the most gold and is obtained as a by-product? Copper Silver Aluminum 7 / 10 All the gold that has ever been mined in history would fit in: Half the Mediterranean Sea Three Olympic sized pools The River Thames 8 / 10 Do you know the weight of the world’s largest gold nugget ever found? 42 troy ounces 912 troy ounces 2,520 troy ounces 9 / 10 What's the average time it takes to sell gold after it's first discovered? 18 months 7 years 15 years 10 / 10 The most commonly used base metal, which yields a redder color is: Aluminum Copper Brass Your score is The average score is 48% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 18 Created on December 04, 2020 By Eddie Vorman Commodities Quiz - Advanced Commodities are extensive and interesting. There are so many types of products, giving you plenty of opportunities to choose what do you prefer to trade. However, it's useful to know the terms of trading. Are you ready to dive into the commodity market's turmoil? Let's see how much do you know about trading! 1 / 7 What happens when supply exceeds demand? We can see an upward push in the commodity price Commodity's price moves to the side We have a downward push on commodity price 2 / 7 What does the Expiration of a futures contract mean? It is the date in which the contract will cease to be traded on the stock exchange It is the date when it is necessary to get rid of the contract It is the date in which the contract starts to be traded on the stock exchange 3 / 7 Do you know what does the Interdelivery spread represent? The difference in price between two futures contracts for a similar commodity traded on different exchanges The difference in price between two futures contracts for various commodities The difference in price between two futures contracts for the same commodity but with different expiration 4 / 7 Can you tell what the term structure curve shows? Prices of currently traded futures Prices of already expired futures The most liquid futures prices 5 / 7 Can you explain what the designation ZCN19-ZCZ18 means? Buying the July contract and selling the December corn contract Buying the July contract and selling the December corn contract Buying the December contract and selling the July corn contract 6 / 7 Spot prices indicate: The commodity price on the expiry date The commodity price on the delivery day The commodity price with immediate delivery on the physical market 7 / 7 Please, choose the correct answer: If the market is backwardation a bear spread is more favorable If the market is in contango a bull spread is more favorable If the market is in contango a bear spread is more favorable Your score is The average score is 42% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 15 Created on December 04, 2020 By Eddie Vorman Commodities Quiz – Precious Metals; Gold and Silver Precious metals are one of the most profitable commodities. They are also one of the oldest ones. While most people own at least some pieces of gold or silver, they usually don’t know much about their history. How about you? Are you ready to test your knowledge? 1 / 9 Which is the best conductor of electricity? Palladium Aluminum Silver 2 / 9 Do you know which country is the largest producer of silver in the world? Russia Mexico United States 3 / 9 How much is the most valuable gold coin known as the Australian Kangaroo worth? £4.5 million £450,000 $45 million 4 / 9 Britain stopped to use real silver in ‘silver’ coins since: 1947 1935 1971 5 / 9 Do you know which of the following three gold comes from? Water Meteors Lightning 6 / 9 When was silver discovered? 3000 BC 92 AD 5000 BC 7 / 9 Which is the last country that used a gold standard? Switzerland South Africa USA 8 / 9 The Mponeng Mine, also known as the world’s deepest mine is: 800 meters deep 96 miles deep 2.5 miles deep 9 / 9 Which country is the biggest consumer of gold in the world? China America India Your score is The average score is 18% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 22 Created on December 04, 2020 By Eddie Vorman Beginner Quiz – Commodities The commodities market is one of the oldest in the world. Still, there are so many things that people don’t know about them. If you want to become part of this market and attain a sizable profit, basics are a good place to start learning. Let’s see if you can answer several easy questions: 1 / 10 Factors that can influence commodity prices include: Politics and market conditions The seasons and weather Technology All of the above 2 / 10 What are some general types of commodities? Cow, sheep, and goats Diamonds, Gold, and Emerald rings Grain, energy, livestock Consumer products, such as puzzles, books, and music 3 / 10 In commodity trading, live cattle are classified as: Agriculture Energy Livestock None of the above 4 / 10 In commodity trading, Copper is classified as: Energy Agriculture Precious metals Industrial metals 5 / 10 Which commodity was traded first in India? Wheat Cotton Oilseed Jute 6 / 10 What is a trader who simultaneously quotes both bid and offer prices for the same commodity throughout the trading session, called? Market maker Speculator Arbitrager Hedger 7 / 10 Can you explain Price Discovery? The determination of the price of a commodity by the sellers of the market The determination of the price of a commodity by the buyers of market The determination of the price of a commodity by either buyers or sellers of a market None of the above 8 / 10 Where NYMEX is located? Chicago New York London Singapore 9 / 10 What is the leading Copper producing nation in the world? China The United States Peru Chile 10 / 10 What affects Gold prices in India? Interest rate movements Currency fluctuations Inflation All of the above Your score is The average score is 43% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Category: Stocks 12 Created on September 30, 2020 By Eddie Vorman Stocks – History Quiz The stock market’s history is so old and complex that it’s a real challenge to keep track of everything happening on it. Still, there are parts, which are so important that they are a “must-know.” Can you tell us that you know all the pivotal points? Let’s find out now! 1 / 10 Do you know where the oldest stock exchange in the world is? Lyon, France Barcelona, Spain Antwerp, Belgium Hamburg, Germany Geneva, Switzerland Toulouse, France 2 / 10 Which country's stock market did the founders of the New York Stock Exchange take inspiration from? Italy Great Britain Spain France 3 / 10 Can you tell us what the first listed company was on the NYSE? Bank of New York Nationwide Insurance Prudential Merrill Lynch 4 / 10 Where was the first stock exchange in the U.S.? Boston, Mass Washington, D.C. New York, N.Y. Philadelphia, Pa 5 / 10 Can you tell us what the largest stock exchange in the world in terms of market capitalization? Tokyo Stock Exchange NASDAQ New York Stock Exchange London Stock Exchange Bombay Stock Exchange 6 / 10 When stock traders are frantically running around a trading floor and using hand signals, this method of communications is called: Verbal auction Hand dealing Open outcry 7 / 10 An example of a defensive stock is: An utility company A weapons manufacturer An auto manufacturer 8 / 10 When a trader flashes four fingers parallel to the floor, palm out what is he trying to say? Buy four shares Sell nine shares Buy nine shares d) Sell four shares 9 / 10 Please, choose the first totally electronic stock market: NYSE London Stock Exchange Tokyo Stock Exchange NASDAQ 10 / 10 What historic agreement rang in the start of the New York Stock Exchange in 1792? Buttonwood Agreement Cottonwool Agreement Buttonhole Agreement Clothespin Agreement Your score is The average score is 22% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 23 Created on December 15, 2020 By Eddie Vorman Stock – Trading Quiz Everyone knows about Wall Street. There are even various films about the volatile life of bulls and investors. There is no break for them, that’s for sure. But the gains are often worth it. So, what about you? Are you part of this world or just a spectator? Let’s see how much you know about stocks trading: 1 / 10 Which of the following is not a stock exchange? NASDAQ HQSX NYSE 2 / 10 When does Margin compression occur? When the profit that a company makes on a sold item lowers When all of the available stock for a company has been sold When a company's stock experiences a drop in its marginal price per share 3 / 10 What does the term M&A refer to usually? The Mean Amount of shares traded per time period Criteria for a stock trade being Met and Affirmed Mergers and Acquisitions 4 / 10 What is a term for the situation when a stock's price falls from historical highs to a previously-attained lower milestone? Retrenchment Recalibration Retracement 5 / 10 When the total number of shares of a company's stock is multiplied by the current share price, it's called: Stock Distribution Net Share Allocation Market Capitalization 6 / 10 Do you know what Volatility Index (VIX) is? It's a gauge of the likelihood that the stock market will shut down due to an unexpected event It's a spot check of the number of floor traders at work on a given day It's an indicator used to measure the perceived volatility of stock prices 7 / 10 Do you know what does EBITDA stands for? Even Bidding and Internal Testing of Daily Adjustments End Buying, Initial Tax, and Daily Allowance Earnings Before Interest, Taxes, Depreciation, and Amortization 8 / 10 What is an allowable order type in pre and post-market trading? It's a market order It's a takeover order It's a limit order 9 / 10 Which organization sets the rules for pattern day trading? The Federal Trade Commission FINRA The SEC 10 / 10 If a company purchases shares of its stock from current shareholders, that is called a: Dividend Share buyback Stock split Your score is The average score is 44% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 44 Created on December 15, 2020 By Eddie Vorman Stock Market – Beginner Quiz If you have some excess money and don’t want to let it grow mold, or if you just decided to invest in something and get profits on leisure, there are mass of opportunities worldwide. However, investing in a business isn’t easy to navigate. Let’s see how much do you know about this world until you plunge headfirst into it: 1 / 10 What is the Stock Market? It's a market where people bet on race horses to gain some money It's a market where people buy various products which the traders have a lot of stock of It's a market where people can buy stocks which are shares of companies 2 / 10 Do you know what does the bull and the bear stand for? The bull means stocks are going up, while the bear means stocks are falling They are indicators that the Stock Market is either opened or closed The bear means stocks are rising, while the bull means stocks are falling 3 / 10 Choose the factor that affects the stock market: Internal reformation within one company Inflation Annual leave of CEO of a company 4 / 10 Can you tell us how many types of stocks are there? Two Four Five Eight 5 / 10 An "illiquid market," also known as a thin market is characterized by: The lack of sellers and buyers The lack of stocks traded The lack of alternative investment venues 6 / 10 Choose the correct statement about blue chips stocks: Earnings are used for reinvestment to maintain the growing trend of the stocks They have no dividends They are traded below their market price They bring consistent profit with a dividend payment 7 / 10 Penny stocks are: Stocks with entry prices under $10 per share Stocks which bring low profit in long-term trading None of the answers are correct 8 / 10 Which of these statements is right? Value stocks are traded below the market price They are considered to have low-term potential growth Both of them 9 / 10 Can you tell what do the "Ask" and "Bid" prices mean? Lowest price to sell and the highest price to buy Lowest prices to sell and buy None of the answers are correct 10 / 10 What does the breadth of the market show? The number of stocks, which are traded out of the ones listed The difference between buying and selling The volume of trades Your score is The average score is 43% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 8 Created on December 15, 2020 By Eddie Vorman Stocks Quiz – Intermediate There is so much to learn if you want to become a successful investor. Stock markets are hard to navigate, especially for beginners. But even if you think that your rooky days are in the past, there still may be things you haven't grasped yet. Let's see how much you have learned about stocks. 1 / 10 Approximately what is the total value of the global stock markets? $500 Billion $50 Trillion $5 Trillion $500 Trillion 2 / 10 What things should you know if you want to invest in the stock market? Understand what your profit targets are Grasp fundamental analysis Outline what time frame you want to invest in All of the above 3 / 10 What do the stock markets have in common worldwide? The domestic governments own all of them They move in the same direction Both answers are correct None of the above 4 / 10 How is EPS calculated? Adding all taxable investments together, then dividing by the liabilities Dividing the losses by the assets Dividing the stock earnings by the number of outstanding shares in circulation Dividing the company’s assets by its debts 5 / 10 What is the Fundamental Analysis? It is the study of Stock Charts It is the study of Bonds & Treasuries It is the study of company accounts and valuations It is the study of concrete and underground structures 6 / 10 Some futures only have a stock price of a few cents. What could be the reason for that? Bad management A shrinking market Failure to adapt to changing market conditions All of the above 7 / 10 Why is risk management important? The complete removal of risk is great for your portfolio Risk management is not important The more risk you have, the more profit you may get Understanding risk versus reward enables you to make better decisions 8 / 10 Please, select the FALSE statement – In stock price terminology…? The opening price on the current day can be different from the close price yesterday The spread is how thinly spread the stock is among many investors If you sell a stock, your guidance is the BID price The change is the percentage change today versus the close price yesterday 9 / 10 If a stock is split, it's... Because part of the stock has been spun off Because too many people desire to buy the stock Because the stock price is too high to be bought easily in round lots 10 / 10 What does the CANSLIM Investing Strategy stand for? Currency, Assets, Negligible Sales, Liabilities, Income, Management Current Earnings, Annual Earnings, New Products, Supply, Leaders, Institutions, Market It is a positive way to lose weight Current Assets, Attainable Assets, New Leads, Sales, Leading Asset Base, Innovation, Market It is a positive mental attitude towards investing Your score is The average score is 39% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 14 Created on December 15, 2020 By Eddie Vorman Stocks Quiz – Markets and Trading Everyone knows about stocks generally, but not so many people can boast about more than having superficial knowledge. What about you? Take the quiz and discover how well you understand the investors' world. 1 / 8 Can you tell us the name of the Canadian stock market? The Canadian Stock Exchange The Ottawa Stock Exchange The Toronto Stock Exchange 2 / 8 Do you know which company is NOT a member of the Dow Jones Industrial Average? Verizon Hewlett-Packard Amazon Wal-Mart 3 / 8 The top 10 stock exchanges account for over…. of the capitalization of the stock markets worldwide. 20% 70% 45% 90% 4 / 8 Which are the two largest stock exchanges in the world? Tokyo and London NYSE Euronext (US) and NASDAQ OMX None of the above 5 / 8 Which are some of the most popular stock market cycles? The yearly seasonal cycle and the four-year business cycle The Penny Stock Cycle and the Bi-Cycle None of the above 6 / 8 Do you know which of these are the most famous stock market crashes? 1935 Pre-War Crisis and Red Friday Collapse 2010 1929 Crash, Depression and 1987 Black Monday None of the above 7 / 8 What is the safest way to try to avoid a stock market crash? Invest in emerging markets and hide under the bed Buying Bonds, Liquidate early and move to cash Sell everything and wait until the markets stabilize, before buying again 8 / 8 How long do day traders usually hold a stock? For a day Less than a day For a week Your score is The average score is 36% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Category: Forex 22 Created on September 30, 2020 By Eddie Vorman Forex - What do you know about it? Forex is one of the most important parts of the global economy. Among other things, it shows how countries communicate and co-exist. However, Forex depends on so many factors. Do you know how it works? Find out now! 1 / 10 What does Forex stand for? Forced Execution of trades by computers Formulated Expectation of a stock's trading volume Foreign Exchange 2 / 10 What is traded in Forex? Gold Currencies Oil None of them 3 / 10 Historically, when did forex trading begin? In the 12th century BC In ancient times In 3rd century In 15th century 4 / 10 Which are the main participants in the forex market? Asian and European investors U.S. and Asian Central banks The larger international banks 5 / 10 How are the major Forex markets divided when speaking about trading generally? Asian, European and U.S. markets European, the U.S., and Chinese markets Asian and U.S. markets None of the answers are correct 6 / 10 What does safe-haven mean? It means currencies, which skyrocket during safe periods but fall during the crisis It’s the name for risk-off currencies, which are steadier during the crisis None of the answers are correct 7 / 10 What do traders typically do during the crisis? They sell safe-haven currencies and buy riskier ones They sell riskier currencies and buy safe-havens c) They raise the prices on oil-linked currencies, but lower prices of safe-havens 8 / 10 Which are the safe-haven currencies? U.S. dollar, Japanese Yen, Swiss Franc Sterling, Euro, Chinese Yuan U.S. dollar, Euro, Aussie 9 / 10 The oil-linked currencies are: U.S dollar and New Zealand dollar Canadian dollar and Australian dollar Euro and Yen 10 / 10 Which currencies are depending on China due to the trading relations? U.S. dollar and Japanse Yen Australian and New Zealand dollars Japanese Yen and Aussie Your score is The average score is 46% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 24 Created on October 12, 2020 By Eddie Vorman Forex - Currencies Quiz How well do you know which currencies belong to which country? And what about their informal names? Here is a little quiz to help you discover how far your knowledge reaches. Are you up to challenge? Let’s begin now! 1 / 8 The Crown is: German currency Swedish currency New Zealand’s currency Austrian currency 2 / 8 Which currencies are considered riskier? Swiss Franc and Sterling Dollar and Euro Australian and New Zealand dollars None of the above 3 / 8 The Greenback is an unofficial name of: Chinese Yuan U.S. dollar Swedish crown None of the above 4 / 8 The Kiwi is: Australian currency Chinese currency New Zealand currency d) None of the answers are correct 5 / 8 Do you know what the Aussie is? It’s the unofficial name of Austrian currency It’s the informal name of the Australian dollar None of the above 6 / 8 What is the basket of currencies? It refers to all major currencies together It relates to U.S. and European currencies It only applies to Asian currencies It’s comprised of a mix of several currencies with different weightings 7 / 8 From the following traits, which one suits long term traders well? Patience and a lot of capital to sustain a trade for long Want to trade daily but can’t sit on a computer for a long time Want to see quick profits on his/her account Can open and close more than five trades in thirty minutes 8 / 8 Can you tell us which of the following statements are true? Trends are more valid on larger time frames Long-term traders take long to realize profits Support and resistance are more likely to hold on larger time frames All of the above Your score is The average score is 53% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 27 Created on October 12, 2020 By Eddie Vorman Forex Trading – Beginners Quiz Forex stands for foreign exchanges and refers to currency trading. But how much do you know about the process? Test your knowledge now! 1 / 10 Can you tell us what the Major Currency Pairs are? Currency pairs, which are generally traded Currency pairs from major forex economies Currency pairs of major economies, which are paired with U.S. Dollar Currency pairs with EUR as a base currency 2 / 10 Here are several none major currency pairs, all except: NZD/JPY, CAD/JPY, CHF/JPY, EUR/NZD, EUR/GBP NZD/USD, EUR/USD, USD/CAD, USD/JPY, USD/CHF, AUD/USD EUR/JPY, EUR/GBP, GBP/CAD, NZD/CAD, CHF/JPY, NZD/CHF GBP/JPY,EUR/AUD, AUD/JPY, CAD/CHF, EUR/GBP 3 / 10 A currency symbol consists of 3 letters. Do you know what the first two letters and the third letter represents? Country name and state Country name and currency name Currency name and nickname Currency name and country name Currency name and state 4 / 10 Buck is to USD. Which of the following is to GBP? Loonie Cable Kiwi Aussie Fiber 5 / 10 Why are the major currencies commonly traded on the forex market? Because they are cheap Most are liquid and have low spreads Because they are well known They have low spreads All of the above 6 / 10 Let’s say that the EUR is strengthening against the U.S. dollar. What should we do for EUR/USD pair? Short /sell the EUR Buy/go long on the pair Sell /short the pair None of the above 7 / 10 Please, choose the base currency in the EUR/USD pair: Both USD EUR None EUR/USD 8 / 10 If the traders go long on a trade, it means: Selling the base currency and buying the counter Profiting from a trade Buying the base currency because traders expect it to appreciate Holding on a losing trade Trading for long 9 / 10 Which is the largest economy in the forex market? E.U. China Japan USA 10 / 10 Why does the USD have the highest percentage in the forex market? The dollar is one of the most stable currencies worldwide The U.S. has the largest economy in the world Most transactions worldwide are carried out using a greenback as a means of exchange All of the above Your score is The average score is 51% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 9 Created on October 13, 2020 By Eddie Vorman Forex Quiz - Forex Traders Did you know that there are several kinds of Forex traders? Can you tell us what they are called and how their trading methods differ? Let's find out if you know the answers on the following questions: 1 / 10 Do you know what differentiates the various groups of traders in the FX market? Confidence Size of the account Timeframes Number of taken trades 2 / 10 Can you tell us which of the following consists of the different types of traders: Swing traders Scalpers Day traders All the them 3 / 10 Let's say you find it hard to sleep as long as you have a trade running. Then you are a: Swing trader Position trader Day trader Scalper 4 / 10 What do you call a trader who participates in short trades on a small time frame several times? Scalper Swing trader Position trader Day trader 5 / 10 Which important routine should a day trader not miss on his/her trading plan? Daily economic news Closing out all night trades Cup of coffee Local news 6 / 10 What do you call a trader who trades only in a ranging forex market? Trend trader Reversal trader Break out trader None of the above 7 / 10 A trader, who closes out all trades at the end of the day whether in profit or loss, is called: Scalper Position trader Swing trader Day trader 8 / 10 Do you know what mechanical trading is? Trading automatically Trading with mechanics Trading using an automated, programmed system None of the above 9 / 10 Choose the time frame, which the position traders use to hold their trades: Daily 30 min H1 and H4 Weekly and monthly 10 / 10 Can you tell us which kind of time frame a scalper should consider for his/her trades? H4 30 min 5 min to 5 min Daily Your score is The average score is 47% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 14 Created on October 13, 2020 By Eddie Vorman Forex Quiz – Terms of Trading How much do you know about Forex markets and trading? Test your knowledge now. Here is our quiz to challenge yourself. Can you answer all the questions correctly? 1 / 10 Can you tell us which kind of time frame a scalper should consider for his/her trades? H4 30 min 5 min to 5 min Daily 2 / 10 Do you know what the three different ways of investing in Forex are? Mining, Options, Spot Forex Futures, Spot Forex, Options Options, Bitcoin, Futures Spot Forex, Mining Futures 3 / 10 The difference between the ask price and the bid price is that the: Ask price is the market open price, while the bid price is the market close price Ask price is the selling price, while the bid price is the buying price Ask price is the buying price, while the bid price is the selling price None of the above 4 / 10 Can you tell us what Mini Lot size is? 1,000 currency units 100,000 currency units 10,000 currency units Depends on the currency 5 / 10 Do you know what a spread is? It’s the value of a currency It’s the difference between the ask price and the bid price of a currency It’s the difference between the entry-level and the stop loss None of the above 6 / 10 What can you tell us about a pip? It’s the distance between the entry point level and the stop loss level It’s the amount of money risked per trade It’s the smallest amount, with which the price can move in any currency quote It’s the distance between the open and close of the market price 7 / 10 Let’s say the price moves from 1.0950 to 1.0951. The numbers of pips covered are equal to: 1 pip 0.00001 pips 51 pips 1.0852 pips 8 / 10 What does the risk-off tactic mean? The traders sell riskier currencies to buy safe-havens The traders buy the currencies which don’t fluctuate The traders sell volatile currencies and lower the prices of safe-havens 9 / 10 Please, select the times when the forex market opens and closes: It opens on Monday in Tokyo at 12:00 AM GMT and closes Friday 10:00 PM in New York It opens on Monday in London and closes on Friday in Germany It opens on Sunday in Sydney at 10:00 PM (GMT) and closes on Friday 10:00 PM (GMT) in New York It opens Sunday in Sydney and closes on Friday in London 10 / 10 If you have go long, it means that: You have made a profit on your open position You have bought the base currency and expect it to move higher None of the above Your score is The average score is 41% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 16 Created on October 20, 2020 By Eddie Vorman Forex Quiz - Trading Forex trading is often volatile and unpredictable. There are so many factors, which could influence the currencies. If you want to gain success, you must learn its specifics as well as possible. Are you up to the challenge? Let’s see how well do you navigate in forex markets. 1 / 7 What should you look at if you want to choose a good broker? Trading platform, security and transaction costs The reputation of the broker, payouts and customer services Experience, expertise and expert advisor, as well as a free no deposit bonus Forex signals and location of the brokerage firm 2 / 7 Which order do the forex market sessions overlap with? Tokyo, Frankfurt, New York, Sydney, and London New York, London, Sydney, Frankfurt, and Tokyo Sydney, Tokyo, Frankfurt, London, and New York London, Frankfurt, New York, Sydney and Tokyo 3 / 7 Choose the time of trading, when investors trade in two sessions at the same time: 7:00 PM to 2:00 AM EST (Tokyo and Sydney) 8:00 AM to 12:00 noon EST (New York and London session) 3:00 AM to 4:00 AM EST (Tokyo and London) All the above 4 / 7 Which of the following are NOT the Forex market players? The government and the central bank Brokers ECN, retail brokers and STP Managers, hawkers, and salesmen Corporations and Inter-banks and 5 / 7 The best time to trade is: When most of the major economic news is released When the market is more volatile When two sessions are overlapping All of the above 6 / 7 If the price goes in the opposite direction shortly after you enter the trade and it hits your stop loss, what does that mean? You should take another trade You have made a loss You should stop trading You have bad luck 7 / 7 Please, select the three types of forex charts: Candlestick Pattern, Harmonic Pattern, Chart Pattern Scatter Chart, Pivot Chart, and Pie Chart Line Chart, Candlestick Chart, and Bar Chart Line Chart, Bar Chart, and Scatter Chart Your score is The average score is 47% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Category: Crypto 12 Created on September 30, 2020 By Eddie Vorman Bitcoin Quiz Do you think you know everything about Bitcoin? Well, we challenge you with our Bitcoin Quiz. Prove to us that you are the Crypto Pro! 1 / 10 Let’s start with a simple question. Who invented bitcoin? Satoshi Makomoto Mark Karpeles Jack Mar Jeremy Corbyn 2 / 10 Chose the most popular Crypto? Ethereum Bitcoin Litecoin Dash 3 / 10 Where can you purchase bitcoin? Coin store Local banks Online exchange with your friends with debit card Bitcoin store 4 / 10 Can you tell us bitcoin’s highest price in 2017? 17 900 $ 20 000 $ 14 000 $ 8 000 $ 5 / 10 How does bitcoin protocol work? The bitcoin protocol is decentralized The bitcoin protocol is centralized The bitcoin protocol is publicly managed All the above 6 / 10 What is the core of bitcoin? Which technology is bitcoin built on? Telepathy Java script Blockchain Bitcoin base 7 / 10 How do you earn from bitcoin mining? Through transaction fees and the bitcoin reward Transaction fees Recognition An extra free mine 8 / 10 What is the maximum number of bitcoin expected to be mined 2140? 72 million 21 million 40 million 100 million 9 / 10 What are the advantages of investing in bitcoin? Limited risks and losses Available and accessible information More convenient All the above
