Most of this check is arithmetic, because that is where gold, oil and indices catch people out. Keep a calculator beside you.
Flashcards
Gold, oil and index terms
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Course quiz
Course quiz: 10 questions
Question 1 of 10
You sell a CFD at 6,500 and buy it back at 6,470, with $1 per point on 2 lots. What is the result?
Question 2 of 10
Gold at $4,000, 100 oz a lot. $5,000 account, 1% risk, stop $25. What size?
Question 3 of 10
Under UK and EU retail rules, which pair of caps is right?
Question 4 of 10
You hold a $10,000 gold CFD long for one night at an illustrative 7% a year. Roughly what does the night cost?
Question 5 of 10
US real yields fall and the dollar weakens. Which way does gold tend to lean?
Question 6 of 10
OPEC+ announces a surprise output cut. Which pair of reactions is typical?
Question 7 of 10
WTI, 1,000 barrels a lot. You hold 0.04 lots at $65 and use 1:10. What margin is held?
Question 8 of 10
A cash index CFD and a futures-based one track the same index. Which is true?
Question 9 of 10
Long 4 oz of gold at 4,000, stop at 3,975. Monday opens at 3,940. What do you lose with an ordinary stop?
Question 10 of 10
On roll day your oil chart jumps $0.70 and you are short 30 barrels. If the broker rolls with an adjustment, what happens?
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