Stage 0 quiz — Mindset and the job
What trading actually is, what year one costs, and why sizing — not prediction — decides who survives. Eight questions, one lesson behind each; every wrong answer sends you back to the exact lesson.
Covers: Trading is a profession, not gambling · Why most new traders lose money in year one · Knowledge capital before trading capital
Most of the score is still empty — normal on day one. Work through the stages and the number follows.
Next step: Take the Stage 0 quiz → (your weakest weighted component)
Scored in this browser only — nothing is sent anywhere. Readiness measures process, not future profit.
Pick one answer per question, then check. Working is shown for every answer.
1. Three losing trades in a row hit two traders with the same strategy. One is down 3%, the other is down 30%. What made the difference?
2. A trade followed every rule and still lost. How should it be judged?
3. What is the most honest first goal for a new trader?
4. "Knowledge capital before trading capital" means…
5. A loss you took but never wrote down is best described as…
6. After a loss, what is the goal?
7. Choosing a timeframe is really choosing…
8. How should year one be treated?
Questions people ask about the stage quizzes
What does the Stage 0 quiz cover?
The 3 published lessons of Stage 0 — Trading is a profession, not gambling, Why most new traders lose money in year one, Knowledge capital before trading capital. Each question is tied to one lesson, and the explanation after scoring links straight to it.
What score should I aim for before moving on?
Seven of eight or better. A miss is not a failure — it is the one lesson worth re-reading before the next stage builds on it.
How does this affect my readiness score?
Knowledge is 40% of the readiness score and is the average of your best result on all eight stage quizzes, with untaken quizzes counting as zero. Scores are stored only in this browser.
Missed one? The lesson is one click away
Trading is a profession, not gambling · Why most new traders lose money in year one · Knowledge capital before trading capital