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Study Guide for Come Into My Trading Room - Forex Factory

Study Guide for Come Into My Trading Room - Forex Factory

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18 QUESTIONS<br />

Question 16—Discipline<br />

Disciplined trading means:<br />

1. Having written rules <strong>for</strong> buying and selling<br />

2. Testing rules <strong>for</strong> profit taking and stop-losses on historical data in<br />

the market you trade<br />

3. Having a thorough record-keeping system <strong>for</strong> all trades<br />

4. Reviewing prices of stocks on your watch list daily, whether you<br />

trade them or not<br />

5. Not discussing your open positions with anyone<br />

A. 1<br />

B. 1 and 2<br />

C. 1, 2, and 3<br />

D. 1, 2, 3, and 4<br />

E. All of the above<br />

Question 17—Records<br />

Match each phrase about keeping records with the items on the following<br />

page.<br />

1. Turns a spotlight on problems and achievements<br />

2. Keeps track of entries and exits, slippage and commissions<br />

3. Keeping all your records up to date<br />

4. Tracks the value of your account<br />

5. Saves marked-up charts of entries and exits

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