Gold, forex and crypto quiz

Test yourself

One question from each lesson in this topic. Pick an answer to see why, then open the lesson if you want to review it.

1. Question 1 of 6

   Each account holds the same hypothetical 1,000: A without leverage, B at 5× and C at 20×. Gold falls 5%. Which account is wiped out?

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   ABC

2. Question 2 of 6

   The drawing lists one main cost or risk under each way to own gold. Which way can cost you more than the money you put in?

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   FuturesGold ETFBars and coins

3. Question 3 of 6

   In the quote EUR/USD 1.0850 / 1.0852, which letter marks the price you pay when you buy the pair?

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   ABCD

4. Question 4 of 6

   In the drawing of the 24-hour forex day, which stretch is highlighted as the busiest hours?

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   The Sydney–Tokyo overlapThe London–New York overlapThe hours after New York closes

5. Question 5 of 6

   According to the drawing, what gain does a 50% drop need to get back to the peak?

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   +100%+50%+25%

6. Question 6 of 6

   In the illiquid quote in the drawing (bid 24.80, ask 25.20), you buy at market and sell at market right away. How much do you lose per coin before fees?

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   0.010.4025.20