Home
Learn
RULES
QUIZ
Charts
Twitter
LIVE FEED
IOT PRINTER
F.A.Q.
Contact
LOG ON
FREE SUBSCRIPTION
THE REAL-TIME TREND TRADING EXPERIMENT
™
Trading Apprentice Program
True or False Entrance Exam
Pour yourself a cup of coffee and give yourself a good 5-10 minutes to take the original True or False Entrance Exam that Dennis and Eckhardt used to help vet from the thousands of applicants to their original
Trading Apprentice Program
.
CAN YOU BEAT THE CURRENT AVERAGE SCORE???
68.58 %
Email Address:
Confirm your Email Address:
Describe yourself:
Select your function
In Transition
Student
Individual Investor
CTA/CPO
Fund Manager
Prop Trader
Asset Allocator
3rd Party Marketer
Broker
Business Development
Exchange
Regulator
Press
Consultant
Service Provider
How did you hear about us?:
How did you hear about us?
Colleague
Google
Traders Fulcrum
Reddit
TradingView
Twitch
LinkedIn
Totem Asset Group
Trading Show
CTA Expo
CQG
Michael Covel
Top Traders Live
Anthony Crudele
Tasty Trade
Other
Q01:
One should favor being long or being short, whichever one is comfortable with.
True
False
Q02:
On initiation, one should know precisely at what price to liquidate if a profit occurs.
True
False
Q03:
One should trade the same number of contracts in all markets.
True
False
Q04:
If one has $100,000 to risk, one ought to risk $25,000 on every trade.
True
False
Q05:
On initiation, one should know precisely where to liquidate if a loss occurs.
True
False
Q06:
You can never go broke taking profits.
True
False
Q07:
It helps to have the fundamentals in your favor before you initiate.
True
False
Q08:
A gap up is a good place to initiate if an uptrend has started.
True
False
Q09:
If you anticipate buy stops in the market, wait until they are finished and buy a little higher than that.
True
False
Q10:
Of three types of orders (market, stop, and resting), market orders cost the least skid.
True
False
Q11:
The more bullish news you hear and the more people are going long, the less likely the uptrend is to continue after a substantial uptrend.
True
False
Q12:
The majority of traders are always wrong.
True
False
Q13:
Trading bigger is an overall handicap to one's trading performance.
True
False
Q14:
Larger traders can 'muscle' markets to their advantage.
True
False
Q15:
Vacations are important for traders to keep the proper perspective.
True
False
Q16:
Under trading is almost never a problem.
True
False
Q17:
Ideally, average profits should be about three or four times average losses.
True
False
Q18:
A trader should be willing to let profits turn into losses.
True
False
Q19:
A very high percentage of trades should be profits.
True
False
Q20:
A trader should like to take losses.
True
False
Q21:
It is especially relevant when the market is higher than it's been in 4 and 13 weeks.
True
False
Q22:
Needing and wanting money are good motivators to good trading.
True
False
Q23:
One's natural inclinations are good guides to decision making in trading.
True
False
Q24:
Luck is an ingredient in successful trading over the long run.
True
False
Q25:
When you're long, 'limit up' is a good place to take a profit.
True
False
Q26:
It takes money to make money.
True
False
Q27:
It's good to follow hunches in trading.
True
False
Q28:
There are players in each market one should not trade against.
True
False
Q29:
All speculators die broke.
True
False
Q30:
The market can be understood better through social psychology than through economics.
True
False
Q31:
Taking a loss should be a difficult decision for traders.
True
False
Q32:
After a big profit, the next trend-following trade is more likely to be a loss.
True
False
Q33:
Trends are not likely to persist.
True
False
Q34:
Almost all information about a commodity is at least a little useful in helping make decisions.
True
False
Q35:
It's better to be an expert in one to two markets rather than try to trade ten or more markets.
True
False
Q36:
In a winning streak, total risk should rise dramatically.
True
False
Q37:
Trading stocks is similar to trading commodities.
True
False
Q38:
It's a good idea to know how much you are ahead or behind during a trading session.
True
False
Q39:
A losing month is an indication of doing something wrong.
True
False
Q40:
A losing week is an indication of doing something wrong.
True
False
Q41:
The big money in trading is made when one can get long at lows after a big downtrend.
True
False
Q42:
It's good to average down when buying.
True
False
Q43:
After a long trend, the market requires more consolidation before another trend starts.
True
False
Q44:
It's important to know what to do if trading in commodities doesn't succeed.
True
False
Q45:
It is not helpful to watch every quote in the markets one trades.
True
False
Q46:
It is a good idea to put on or take off a position all at once.
True
False
Q47:
Diversification in commodities is better than always being in one or two markets.
True
False
Q48:
If a day's profit or loss makes a significant difference to your net worth, you're overtrading.
True
False
Q49:
A trader learns more from his losses than his profits.
True
False
Q50:
Except for commission and brokerage fees, execution 'costs' for entering orders are minimal over the course of a year.
True
False
Q51:
It's easier to trade well than to trade poorly.
True
False
Q52:
It's important to know what success in trading will do for you later in life.
True
False
Q53:
Uptrends end when everyone gets bearish.
True
False
Q54:
The more bullish news you hear, the less likely a market is to break out on the upside.
True
False
Q55:
For an off-floor trader, a long-term trade ought to last three or four weeks or less.
True
False
Q56:
Others' opinions of the market are good to follow.
True
False
Q57:
Volume and open interest are as important as price action.
True
False
Q58:
Daily strength and weakness is a good guide for liquidating long-term positions with big profits.
True
False
Q59:
Off-floor traders should spread different markets of different market groups.
True
False
Q60:
The more people are going long, the less likely an uptrend is to continue in the beginning of a trend.
True
False
Q61:
Off-floor traders should not spread different delivery months of the same commodity.
True
False
Q62:
Buying dips and selling rallies is a good strategy.
True
False
Q63:
It's important to take a profit most of the time.
True
False
By clicking this box, I hereby acknowledge that the following information is being provided to me for Informational Purposes Only and is not intended as Investment Advice, an offer or solicitation for the purchase or sale of any security referenced herein. It is being provided to me on the condition that it will not form the primary basis for any investment decision. I continue at my own risk.
SUBMIT
