Leon Mercer Academy
LEVEL 02

BINODEX START

The platform: balance, instruments, amount, time, payout and two buttons.

  1. 011What BinoDex is
  2. 012How the platform is built
  3. 013The main trading screen
  4. 014The account balance
  5. 015Demo Balance
  6. 016Real Balance
  7. 017Choosing an instrument
  8. 018Where to find currency pairs
  9. 019What OTC is
  10. 020Changing the chart
  11. 021How the trade amount works
  12. 022How the trade time works
  13. 023What payout means
  14. 024The BUY button
  15. 025The SELL button

Level exam

10 questions on the level's material. Pass mark 80%.

Take the exam

Questions to check yourself

  1. 1.Explain the main idea of this level in one sentence.
  2. 2.Which action is best when the context contradicts itself?
  3. 3.Why does the result of a single trade not prove the quality of a method?
  4. 4.What has to be checked before carrying the theory over to the live interface?
  5. 5.What is the difference between an observation and a forecast?
  6. 6.What is a demo account for?
  7. 7.Why can a payout not be read as a probability of success?
  8. 8.What part does risk management play in short trades?
  9. 9.When is the decision to SKIP a good decision?
  10. 10.What information is worth writing down after a practice trade?