When the market is rolling over at the end of the trading day, liquidity is?
A) Normal
B) Thinner
C) Doesn’t matter for trading
D) None of the above
Wrong answers include A) Normal, C) It doesn’t matter for trading, and D) None of the above.
The correct answer is B) Thinner. For a short amount of time each day, liquidity shrinks.
When liquidity is thinner, spreads are?
A) Bigger
B) Smaller
C) The same
D) Irrelevant
Wrong answers include B) Smaller, C) The same, and D) Irrelevant.
The correct answer is A) Bigger.
Forex brokers can be?
A) Market makers
B) Non-Dealing Desks
C) ECN or STP
D) All of the above
Wrong answers include A) Market makers, B) Non-Dealing Desks, and C) ECN or STP.
The correct answer is D) All of the above. Brokers are structured in several different ways.
When trading the Forex market, a realistic approach is?
A) To get rich overnight
B) Easy money to be made
C) Grow your account over the long run
D) None of the above
Wrong answers include A) To get rich overnight, B) Easy money to be made, and D) None of the above.
The correct answer is B) Grow your account over the long run.