Beginner assessment

Six questions, answered honestly, to suggest a starting point. Nothing is stored or sent anywhere.

1. Have you ever placed a trade with real money?
2. Can you explain the difference between a market, limit and stop order?
3. Do you calculate position size from a fixed risk percentage?
4. Do you have written trading rules you could hand to someone else?
5. Do you record your reasoning before you enter a trade?
6. Have you used leverage or traded derivatives?

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