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1.1.5 Quiz

1. Basic Charting 1.1 Demystifying Stocks 1.1.5 Building a Strong Foundation in the Market 1.1.5 Quiz

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Question 1 of 5

1. Question
What is a key advantage of watching on-demand videos before live sessions in your learning journey?
- It provides a shortcut to earning profits.
- It helps in practicing trading strategies.
- You can hit pause and grab snacks without Angelique knowing you're munching on Doritos while she's teaching.
- It allows for repetition and prepares questions for the live session.
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Question 2 of 5

2. Question
What is the purpose of backtesting in trading?
- To make real trades with real money.
- To avoid any form of practice trading.
- To become overconfident in trading.
- To evaluate your methodology using historical data.
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Question 3 of 5

3. Question
Why is it suggested to start with small investments when trading with real money?
- To get rich quickly.
- To make large profits from the start.
- To minimize risk while gaining confidence.
- To eliminate risk altogether.
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Question 4 of 5

4. Question
What does technical analysis focus on in trading?
- Economic conditions.
- Chart patterns, technical indicators, and price trends.
- Technical analysis is like reading tea leaves, but with stock charts. We're hunting for clues from Wall Street's fortune tellers!
- Psychological challenges.
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Question 5 of 5

5. Question
What is the importance of staying active in your trading community?
- It provides a sounding board for adapting to changing market conditions.
- It ensures you never make mistakes in trading.
- It's unnecessary and doesn't impact your trading success.
- Staying active in your trading community is crucial because if you disappear, they might start making memes about your absence. You don't want to become the 'Where's Waldo' of traders!
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