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Quiz
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1. What does CFD stand for?
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A) Contract for difference
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B) Contract for derivates
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C) Contract for decisions
2. What types of CFDs can one trade?
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A) Shares, commodities, forex, indices
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B) Shares, real estate, forex, indices
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C) Shares, commodities, art, indices
3. What is a bull market?
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A) It is a market, where you can buy bulls
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B) It is a trend of market, which is growing
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C) It is a trend of market, which is falling
4. What is the nominal value of a position you can open when using leverage 1:10 if you have 100 USD?
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A) 100
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B) 1000
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C) 10
5. What is fundamental analysis?
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A) It is a method of determining a stock´s real or “fair market” value.
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B) It is an analysis, based on the movement of the chart
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C) It is an analysis of a trading platform
6. What is free margin?
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A) It is amount of money invested
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B) It is amount of money on the platform, available to invest
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C) It offers a free trade
7. What is stop loss?
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A) It is a technique with which you can’t lose money
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B) It is a function where you can open a position and when the trade reaches set loss, it will automatically close the position and prevent any future loss
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C) It is an order you make in order for your loss in trade to turn into profit
8. Are stocks and commodities listed on the same exchange?
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A) Yes
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B) No, commodities don’t have the exchange
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C) No, commodities are listed on commodity exchanges and stocks on stock exchanges
9. What is stop out?
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A) It happens when trader doesn’t have any available margin to cover the loss and position closes automatically
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B) Trader’s loss on a position is so large that they decide to close it in the loss
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C) It happens when trader still has money on the account, but the market for open position closes automatically
10. When I buy 0,1 lot, what volume did I buy?
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A) EURUSD - 10.000 USD; oil 100 barrels / 10 barrels; indices – 10% of a whole value of index
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B) EURUSD - 100.000 USD; oil 100 barrels – 100 barrels; indices – 100% of a whole value of index
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C) EURUSD - 1000 USD; oil 100 barrels – 1 barrel; indices – 1% of a whole value of index
Results
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Your score is
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You may need to do a quick recap. Go watch our educational videos.
You are good, but practice makes perfect. GO try demo account first.
It seems that you were born to be a trader.
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.