Study Guide for Come Into My Trading Room - Forex Factory
Study Guide for Come Into My Trading Room - Forex Factory
Study Guide for Come Into My Trading Room - Forex Factory
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112 ANSWERS AND RATING SCALES<br />
tweaked, except <strong>for</strong> a few inviolate rules, including money management<br />
rules. Even if a system seems to do better after dropping those rules, you<br />
should not expose your account to unlimited risk.<br />
Answer 42<br />
C. 1, 2, and 3. Give yourself four points <strong>for</strong> choosing the correct answer.<br />
The main value of paper trading is it allows you to test your discipline<br />
and ability to do homework day after day, although most people simply<br />
escape into it after losing money. If done right, paper trading takes just<br />
as much time as the real thing. The results of paper trading almost<br />
always look better than real trading, because there is no emotional pressure<br />
from risking money.<br />
Answer 43<br />
1. C<br />
2. D<br />
3. A<br />
4. D<br />
5. B<br />
Give yourself a point <strong>for</strong> each correct answer.<br />
You cannot argue with the direction or the numerical value of an<br />
indicator, which is why their signals are more objective than chart patterns.<br />
The three indicator groups almost always give contradictory signals.<br />
One of the main challenges in technical analysis is to reconcile<br />
those conflicts and profit from them.