10.1 Why is Risk Important? – Quiz

1. Can risk be managed? *

No ,risk is a complete unknown

Only on some trades

Yes,all the time

Risk can only be managed by institutional traders

2. Why is risk important? *

If you risk too much ,you won’t be able to stick to your trading plan

All successful traders manage their risk to reach their goals

You can’t afford to have asingle trade blow out multiple profitable trades

All of the above

3. Do consistently successful traders control their risk? *

Yes, they always do

Yes, butonly some of the time

No, they never think about risk.That’s negative thinking

They only think about risk when their account is down

4. Why are the potential consequences of ignoring risk? *

There are no consequences

You may lose a large portion of your account

You will be more successful because you have more time to think about your entries

Your profits will be more consistent

5. What are some of the ways of controlling risk? *

Makingsureyoutradewithriskcapital

Managingthesizeofyourtrades

Making sure your profits are larger than your losses

All of the above

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