LESSON 2. Quiz

What's the reason for the cyclical nature of assets? * *

By pure chance

All charts look different

Reward Pursuit and Loss avoidance is prevalent in all humans.

Assets are not cyclical in nature

Your unchecked emotions are your worst enemy * *

True

False

When the crowd is feeling Euphoric, you should * *

be buying as many coins as possible

look for that next leg up in the market

be busy shilling your coins on CT

be looking to protect your gains

If the market is in an uptrend which kind of volume and spread is bearish * *

Increasing Volume, Decreasing Spread

Increasing Volume, Increasing Spread

Decreasing Volume, Decreasing Spread

Decreasing Volume, Increasing Spread

Heavily Increasing Volume and Increasing Spread

Which Phases in Wycoff's Method Contain a Change of Character? * *

Phase A

Phase B

Phase C

Phase D

Phase E

Being part of a good team is better for a trader than trading alone. * *

True

False

If price is moving down and it's taking a lot of effort for it to do so it is: * *

Bullish

Bearish

If price is moving up with very little effort it is * *

Bullish

Bearish

What does it mean if a Spring during an Accumulation has very high volume * *

It means the market is bullish and we're likely to get a strong reversal

It means the market could still be bearish and break lower or have multiple tests of support

When the market is at an extreme point "every paticipant's" _________ __________ get's knocked * *

Limbic System

Frontal Cortex

HEROES COURSE