What is the biggest culprit in wiping out trading accounts according to the text?
"Recovery Trauma"
"Gambler's Fallacy"
"Poor Risk Management"
"Lack of Trading System"
Qn. 1 / 5
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What does the author compare to blowing up your entire trading account?
"Losing a large bet in poker"
"Making a series of losing trades"
"Investing in a failing startup"
"Not diversifying your portfolio"
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What is the antidote for 'Gambler's Fallacy' according to the text?
"Technical Analysis"
"Fundamental Analysis"
"Position Sizing"
"Market Timing"
Qn. 3 / 5
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What does the author recommend for traders with small accounts?
"Take bigger risks to achieve higher returns"
"Avoid taking large bets to protect capital"
"Focus on day trading for quick profits"
"Invest in high-risk, high-reward assets"
Qn. 4 / 5
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What is the main takeaway from the author's poker experience?
"Poker and trading are completely unrelated"
"Luck is the most important factor in both poker and trading"
"Position sizing is crucial for success in both poker and trading"
"It's impossible to consistently win in poker or trading"
Qn. 5 / 5
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