18 Apr : Holiday Quiz – Scalping, Psychology & Execution Edition
🐊💤 VS 🦆🎒 Week 7 Day 7
Ducky goes to Risk Management School and takes a quiz. Questions are based on actual trading scenarios in the last 2 weeks. (Answers are revealed after 3 questions.)
---
Question 1:
You enter NVDA at a VWAP reclaim in premarket with 50 shares. It spikes $3 instantly from 9.25AM to 9.30AM and forms a long green candle right at the open (9:30am).
What’s the best action?
A. Hold for a bigger move
B. Add 100 more shares immediately
C. Sell into strength and re-evaluate
D. Move your stop to break-even and wait for a breakout
What’s the best action?
A. Hold for a bigger move
B. Add 100 more shares immediately
C. Sell into strength and re-evaluate
D. Move your stop to break-even and wait for a breakout
---
Question 2:
You scalp PLTR and it bounces between $100 and $102 for 30 minutes without real momentum. You're slightly green but feeling mentally tired.
What should you do?
A. Keep holding, it might break out
B. Exit and wait for a clean move
C. Add more to lower your average
D. Turn it into a swing trade
What should you do?
A. Keep holding, it might break out
B. Exit and wait for a clean move
C. Add more to lower your average
D. Turn it into a swing trade
---
Question 3:
At market open, all your existing trades are still green—but the first candle on each one is a red flush.
What’s the best response?
A. Hold and see if they bounce
B. Cut half and hold the rest
C. Exit everything immediately
D. Flip to short immediately
What’s the best response?
A. Hold and see if they bounce
B. Cut half and hold the rest
C. Exit everything immediately
D. Flip to short immediately
---
See below for answers to Questions 1 to 3 before proceeding to Questions 4 & 5.
---
ANSWERS:
1:C. 2:B. 3:C.
1:C. 2:B. 3:C.
---
Question 4:
Question 4:
You bought a call option that is down $100 on Thursday. It expires Friday. There’s no clear recovery in sight.
What’s the disciplined move?
A. Hold until Friday—anything can happen
B. Cut now—$100 loss is better than 100% loss
C. Buy more to average down
D. Ignore it and check back near expiry time.
What’s the disciplined move?
A. Hold until Friday—anything can happen
B. Cut now—$100 loss is better than 100% loss
C. Buy more to average down
D. Ignore it and check back near expiry time.
---
Question 5:
Which mindset best matches a disciplined scalper?
A. “I’ll hold a little longer and see if it runs.”
B. “I only enter when price moves in my favor fast, with strong volume.”
C. “I don’t mind holding overnight if it looks okay.”
D. “I trade more to stay active during slow periods.”
A. “I’ll hold a little longer and see if it runs.”
B. “I only enter when price moves in my favor fast, with strong volume.”
C. “I don’t mind holding overnight if it looks okay.”
D. “I trade more to stay active during slow periods.”
---
ANSWERS:
4:B, 5:B
---
🚀🚽🪠 Quiz Results Explained
These answers are marked as 'correct' in general for good risk management practices in an increasingly volatile environment that might see the emergence of a bear market and / or recession next.
However, risk tolerance varies across individuals. Please feel free to share and discuss your own version of what more correct answers might be!
---
QUESTION 1
---
---
Correct Answer: C – Sell into strength and re-evaluate ✅
Why?
> A $3 premarket spike followed by a long green candle at the open is a classic trap. That first candle invites breakout buyers—only for market makers to offload into it.
What Usually Happens:
The move is already priced in by the open
First green candle = bait
Quick flush often follows by 9:32–9:35AM
Best Action:
Lock in gains quickly
Re-enter only after confirmation (VWAP retest or high-volume continuation)
Scalper Rule of Thumb:
> “Green candle at the open after a premarket run? Sell first. Re-enter later—if the volume proves it.”
Backed by:
Historical NVDA/TSLA examples: Pre-open spikes often reverse early
Market makers exploit liquidity to trap and flush late retail
Taught by top scalpers and prop firm playbooks
Conclusion:
It’s not just theory—this pattern repeats daily
---
QUESTION 2
QUESTION 2
---
Correct Answer: B ✅ - Exit and wait for a clean move
> Choppy consolidation with no follow-through? Exit and preserve mental capital. Don’t waste energy in price pin zones.
---
Question 3:
Correct Answer: C. ✅ - Exit everything immediately
Why?
> When all your swing trades are still green at the open, and the first few candles after opening bell are red (a flush), it’s a warning that the market is rejecting the pre-market move.
That’s your sell signal—not short-everything (D), but rather protect what you’ve already earned.
---
Question 4:
Correct Answer: B ✅ - B. Cut now—$100 loss is better than 100% loss
> Close the option—a $100 loss is a hsrd lesson, but 0 is harder. Scalpers must be surgical with risk.
---
Question 5:
Correct Answer: B ✅ - I only enter when price moves quickly in my direction with volume
> Enter a A+ setup with discipline and confidence
> Patience before entry, aggression after confirmation.
---
Final Scorecard – How Did You Do?
✅ 5/5 Correct?
> Leave your name. Seriously. We need to study your discipline, your timing, and possibly offer you a shrine. You’re either a seasoned scalper… or a market maker in disguise.
We bow to your Jedi-level instincts!
We bow to your Jedi-level instincts!
✅ 3–4 Correct?
> You’ve got strong trading muscles! Just a bit more emotional control or faster exits and you’ll be scalping like a ghost haunting the House.
Keep sharpening — you're close to elite!
Keep sharpening — you're close to elite!
✅ 1–2 Correct?
> You’re not alone. That’s most of us. You’ve probably been chopped, faked, and flushed — welcome to the Good Fri Survivors Club.
Every wrong answer is a paid tuition to the school of market pain.
Every wrong answer is a paid tuition to the school of market pain.
✅ 0 Correct?
> Hey. It’s Good Fri for a reason — we all get crucified sometimes.
Take the lesson, not the loss. And remember:
“The worst trade isn’t a red one — it’s the one that made you forget how to recover.”
Take the lesson, not the loss. And remember:
“The worst trade isn’t a red one — it’s the one that made you forget how to recover.”
---
🦆🧓 Ducky's Trading Grandma says:
You took a test. You tried your best. No matter your score:
>> If you showed up, reflected, and learned from the last few weeks of trading in Trump Times — that’s already an excruciating test of muscles in all the places you didn’t even know you had muscles.
You’re already trading better than yesterday.
Now go have a slice of pizza or a glass of Ghost Milk with Ghost Cookies. You’ve earned it. 🍪👻
---
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Here to roll daily.
Happy which way it goes.
Believe in your trades. It is ok to be wrong, it's not ok to stay wrong.
451
Followers
151
Following
1039
Visitors
Follow
Market Insights
Warren Buffett Portfolio Warren Buffett Portfolio
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
Unlock Now
Discussing
Warren Buffett's Q1 Holdings Revealed: Has the Investment Trend Changed Drastically?
$Berkshire Hathaway-A (BRK.A.US)$ The first quarter Hold Positions report has been released, and the latest investment actions of the 'stock
Moomoo News Global
May 4 18:27
10 Unmissable Highlights of Berkshire's Shareholders Meeting
74349332 : Excellent Scenario Driven Quiz! Wish there was more than 1 right answer at times but you nailed it.
Mai Hiam la Bro OP 74349332 : Thank you! There is more than one right answer, based on different risk profiles!
I set the quiz based on my own experience trading in the past 2 weeks and I picked the answer that resonated most with the principles of risk management (quiz theme) as the correct one.
Hope your trades went well recently!
Mr.Peanut : Quite excellent in the Trump environment. Relatively conservative in a good market.
Mai Hiam la Bro OP Mr.Peanut : I agree with you. These answers are marked 'correct' for cutting loss quickly or not watching small wins turn into large losses in an increasingly volatile environment that might see the emergence of a bear market and / or recession next.
