1. Which trading style holds positions for the shortest amount of time?
Position trading Swing trading Scalping Day trading
2. What is "overfitting" in the context of backtesting?
Testing a strategy on too many different instruments Tuning a strategy so precisely to historical data that it no longer reflects a real, repeatable edge Using too little historical data A synonym for a losing strategy
3. What is an Expert Advisor (EA)?
A human financial advisor An automated trading program on MetaTrader that executes a strategy's rules without manual intervention A type of currency pair A risk management report
4. In copy trading, what does the "follower" account's risk settings control?
Which trades the master account takes How much of the master trader's results the follower's account actually experiences The master trader's win rate Nothing — followers have no control
5. What is one key real limitation of AI in trading mentioned in the lessons?
AI models can never process news data Markets are "non-stationary" — patterns that worked in the past can change, causing models to underperform on new data AI trading is illegal everywhere AI removes all need for risk management