Skip to content

Basically Futures

Academy Free tools Explore lessons ↗

Academy/Execution & Risk/Checkride

STAGE 3 · CHECKRIDE

Execution & Risk checkride

Five questions. Score at least four correctly to pass. Retry as often as you need; feedback explains each answer.

Lessons completed: 0 / 5

Best score: Not attempted

01 Which order may fail to execute despite the market moving beyond the stop trigger?A stop-limit orderA filled market orderA completed limit order

02 What should you do if the smallest available contract exceeds your planned risk?Trade one anywayUse more leverageReduce size if possible or skip the trade

03 Which metric must accompany win rate to estimate expectancy?Average size of wins and lossesOnly total number of green daysBroker buying power

04 What balance is used to calculate conventional peak-to-trough drawdown?The all-time starting depositThe latest equity peakThe margin requirement

05 What makes a risk rule operational?A written trigger and a defined actionA motivational statementChanging it after each trade

← Review Execution & Risk Next stage →

Basically Futures

Complex Markets. Clear Thinking.

© 2026 Basically Futures. Educational only; not financial advice. Futures involve substantial risk including losses beyond deposits. Progress stays in this browser unless exported.

Academy · Free tools