Question

1. what does dr. paul recommend to reduce emotional decision - making? * 10 poin

a. trade without a plan to stay flexible
b. limit the number of indicators
c. follow a written trading plan with strict rules
d. trade only based on intuition

9 - position sizing should be based on: * 10 points
a. how confident the trader feels
b. account size and predefined risk per trade
c. the number of trades already taken
d. the trend direction

1. 10 - according to the video, which factor is responsible for most trading losses? * 10 points

a. market volatility
b. poor chart patterns
c. psychological mistakes
d. economic news

Explanation:

Question 8

To reduce emotional decision - making in trading, a structured approach is needed. Option A (trading without a plan) and D (trading based on intuition) are more likely to increase emotional decisions. Option B (limiting indicators) doesn't directly address reducing emotional decision - making. Option C (following a written trading plan with strict rules) provides a structured, rule - based approach that reduces the influence of emotions.

Position sizing in trading should be a calculated decision. Option A (trader's confidence) is emotional and not a rational basis. Option C (number of trades taken) and D (trend direction) are not the primary factors for position sizing. Position sizing is rationally based on account size and the amount of risk one is willing to take per trade, which is what option B states.

Market volatility (A), poor chart patterns (B), and economic news (D) are external or technical factors. However, psychological mistakes (C) like fear, greed, or lack of discipline are often cited as the main reason for most trading losses as they lead to poor decision - making.

Answer:

C. Follow a written trading plan with strict rules

Question 9