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Question 1 of 8
1. Question
The first rule in successful trading and investing is: Cut losses short.
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Question 2 of 8
2. Question
A recommended reward/risk ratio is___________.
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Question 3 of 8
3. Question
Stop orders are used:
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Question 4 of 8
4. Question
If you are having consistent success, you can begin to quit using stops.
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Question 5 of 8
5. Question
Which of the following is NOT recommended by Wyckoff SMI.
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Question 6 of 8
6. Question
Do not make a trade until you have determined the danger point, calculated the probable profit, and determined the profit/risk ratio.
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Question 7 of 8
7. Question
A minimum profit/risk ratio should be___________.
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Question 8 of 8
8. Question
It is a good practice to place stop orders at odd fractions or decimals, and not whole numbers where most stops are placed by the public.
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