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Balance and Equity - Quiz

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Question 1 of 4

1. Question
Balance is the outcome of…
- Currently open positions
- Closed positions
- Open and closed positions
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Question 2 of 4

2. Question
Equity is the outcome of…
- Currently open positions
- Closed positions
- Open and closed positions
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Question 3 of 4

3. Question
If you have no open positions, will equity equal balance?
- Yes
- No
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Question 4 of 4

4. Question
You have a balance of $700 and open a position that eventually turns into a loss of $100. If you leave it open waiting for the market to turn around, you would have…
- Balance of $700 and equity of $600
- Both balance and equity of $600
- Both balance and equity of $700
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