Course check: test yourself

Flashcards for the prop firm, copy trading and robot vocabulary, and ten questions on rules, fees, track records, backtests and martingales.

By the end you'll be able to

Recall the terms from the whole course
Answer mixed questions on challenge rules, copy-trading fees, backtests and robots
Decide which lessons to revisit before you pay for any of these products

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6 short lessons with quizzes and interactive tools
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Every product in this course comes with a sales page. These questions check whether you can do the arithmetic the sales page leaves out.

Flashcards

Prop firm, copy trading and robot terms

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Course quiz

Course quiz: 10 questions

Question 1 of 10
A $100,000 challenge with a trailing 10% maximum loss. Your best balance so far was $103,000. Where is the floor?
Question 2 of 10
Static floor $90,000, daily limit $5,000 from the start-of-day balance. Today starts at $101,000. How low can the balance go today?
Question 3 of 10
Where does a challenge firm get most of its income?
Question 4 of 10
You have a tested edge. The challenge has a 5% daily limit and you take up to two trades a day. Why risk 1% rather than 3% per trade?
Question 5 of 10
A 30% consistency rule. Your best day made $3,000 and your total profit is $7,500. What do you need before a payout?
Question 6 of 10
Copying makes $400 before fees. Performance fee 20%, subscription $25 a month for a year. What do you keep?
Question 7 of 10
The top ten of 5,000 copy-trading accounts all made over 100% this year. What can you conclude?
Question 8 of 10
A robot's settings were tuned on 2015–2020. Which result tells you most about the future?
Question 9 of 10
A scalping robot makes +0.8 pips a trade in a backtest with no costs. Live spread, commission and slippage total 1.4 pips. Result?
Question 10 of 10
A martingale robot on a $5,000 account starts at $50 and doubles after each loss. What does five straight losses cost?

Free certificate

Mark every lesson complete and pass the final quiz with 70% or more to get a certificate of completion. You can download it as a PDF or share it on LinkedIn.