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Study Guide for Come Into My Trading Room - Forex Factory

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MONEY MANAGEMENT 65<br />

Question 69—Numerical Literacy<br />

Test your arithmetic skills, calculate the answers in your head, and write<br />

down the answers:<br />

1. 187 + 346<br />

2. 12% of 200<br />

3. 345 divided by 5<br />

4. 37.5 multiplied by 500<br />

5. The chance of snow is 25% on Saturday and 25% on Sunday. What<br />

is the chance of snow during the entire weekend?<br />

Question 70—The 2% Rule<br />

Following the 2% Rule means:<br />

1. Buying no more than $2,000 worth of stock in a $100,000 account<br />

2. Risking no less than $400 in a $20,000 account<br />

3. Risking no more than $3,000 in a $150,000 account<br />

4. Aiming <strong>for</strong> at least a $2,000 profit in a $100,000 account<br />

5. Aiming <strong>for</strong> at least a $2 profit per share in a $100 stock

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