Please note that Magalor is an educational platform providing courses on technical analysis, risk management, and cryptocurrency trading. We are not a brokerage, trading platform, or financial advisory service. All content is for educational purposes only. Trading carries risks — proceed with caution.
Congratulations on successfully completing the online trading course! We applaud you for your hard work, dedication, and commitment to learning the intricacies of trading and financial markets.
As you progress on your trading journey, testing your knowledge and skills is essential. We invite you to take our final quiz to help you assess your comprehension of the course material and identify areas where you may need to focus more attention.
Once you've completed the quiz, you will have the opportunity to explore further educational opportunities. We understand that learning is a continuous process and that there is always more to explore and discover. That's why we are committed to providing you with the tools and resources you need to succeed in your trading journey.
So, take the final quiz and continue learning with us!
Your knowledge of this topic needs to be higher. We are sure you can do better! We advise you to rewatch the video lesson to consolidate your skills and then retake the quiz. Good luck!
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Question 1 of 10
1. Question
The equation is:
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Question 2 of 10
2. Question
If we profit from a specific trade, we can see that the account balance is changing. Therefore, the leverage we’re using differs while opening trades of different exposure:
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Question 3 of 10
3. Question
I’ve opened an account of a $1000 value, and I’m trading a $60,000 trade. Meaning that I’m using the following:
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Question 4 of 10
4. Question
Nowadays, not every company will usually allow you to trade at least 100 times your account balance trading forex:
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Question 5 of 10
5. Question
Let’s say that you made $1000 by closing a profitable trade. So using the same $60,000 position or positions by having a $2000 account, you’re using:
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Question 6 of 10
6. Question
We usually use between […] of the leverage on a specific trade on every trade:
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Question 7 of 10
7. Question
By having the same leverage value on every trade, we’re levelling any trade to the same leverage on other ongoing trades:
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Question 8 of 10
8. Question
The idea of using leverage as an advantage doesn’t depend on the size of the position you took, your real account balance, and the available trading capital:
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Question 9 of 10
9. Question
The need to make large profits quickly and learn how to abuse leverage will materialise the concept of easy money:
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Question 10 of 10
10. Question
Keep your account healthy, and your trading psychology focused on applying the strategy correctly without unnecessary greed. […] trade possesses the same potential:
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