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Test: Stop-Loss and Take-Profit

Beginners Course

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Test: Stop-Loss and Take-Profit

Question 01: What is the purpose of a stop-loss?

a) To prevent losing all your trading capital

b) To adhere to the rules of capital management

c) For backup

d) All of the above are correct

Question 02: How often is it recommended to set a stop-loss?

a) Always

b) Never

c) Sometimes

d) Depends on the situation

Question 03: What is the purpose of a take-profit?

a) To secure profits

b) It's not needed at all

c) To protect oneself from losses

d) To protect oneself from profits

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