Progress Quiz for FX KickStart - Types of Orders

Forex 101: KickStart Course

The Major Currency Pairs

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Currencies Intro: The Inside Story

Progress Quiz for FX KickStart - Currencies: The Inside Story

Introduction to Foreign Exchange

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The World of Foreign Exchange

Progress Quiz for FX KickStart - Foreign Exchange Overview

The Trading Timezones

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Know Your Markets

Progress Quiz for FX KickStart - Know Your Markets

Money Management

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Capital Risk Management

Progress Quiz for FX KickStart - Capital Risk Management

Technical Analysis

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Technical Analysis

Progress Quiz for FX KickStart - Technical Analysis

Fundamental Analysis

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Fundamental Analysis Overview

Progress Quiz for FX KickStart - Fundamental Analysis

Trading Strategies

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Trading Strategies

Progress Quiz for FX KickStart - Trading Strategies

Types of Order

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Types of Orders

Progress Quiz for FX KickStart - Types of Orders

FX KickStart Final Exam

Progress Quiz for FX KickStart – Types of Orders

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• Question 1 of 5 ##### 1. Question ### The main order types when trading currencies include: Stop entry

• Stop Loss

• Limit entry

• All of the above

• Question 2 of 5 ##### 2. Question ### If you are “long” a particular currency you would expect your stop loss to be above your entry level. True

• False

• Question 3 of 5 ##### 3. Question ### OCO orders allow us to: Trade a number of positions at once

• Link orders which mean that if one order is executed the other will be cancelled

• Cancel all orders you have placed

• Close your position and open a new order

• Question 4 of 5 ##### 4. Question ### A stop-loss and take profit order on the same ticket can be considered OCO. True

• False

• Question 5 of 5 ##### 5. Question ### A buy stop entry is an entry to: Buy below the current market

• Close your order after you initially sell

• Buy above the current market

• Stop buying any more currency

X

The bottom line: Trading involves risk. Past performance is not indicative of future performance — nothing here is financial advice, and no outcome is guaranteed.