Final Exam
1. A Forex trade will make money when the long currency gets stronger.
A. True
B. False
2. A Forex trade is two currencies and makes money when the value of one changes against the value of another.
A. True
B. False
3. Trading Forex involves … one currency and … another currency.
A. Going long
B. Going short
C. Buying
D. Selling
E. All of the above
4. Going long one currency and shorting another is called a Forex pair.
A. True
B. False
5. Forex leverage is a form of … that is used to buy currency.
A. Loan
B. I.O.U.
C. Credit card
D. All of the above
6. Leverage … the risk of trading.
A. Increases
B. Decreases
C. Leverage doesn’t change the risk of Forex trading
D. None ...
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