How Wall Street Works quiz beginner
Order Types Quiz: 10 Questions
Ten questions on picking the right order and knowing what each one cannot promise you.
Question 1 of 10
About this quiz
Market, limit, stop, stop limit and trailing stops tested with real numbers, including the gaps and time in force rules that catch new traders out. Each question comes with a short explanation of the right answer and a link to the guide that teaches it, so a wrong answer is a reading list rather than a dead end.
The quiz draws on the How Wall Street Works section. If you are new to the topic, start with the guides below, then come back and test yourself. Scores are calculated in your browser and are not stored or sent anywhere.
Frequently asked questions
Is this quiz free?
Yes, it is free and there is nothing to sign up for. The scoring happens in your browser, so nobody sees your answers and nothing is stored on a server.
What score counts as passing?
Aim for eight out of ten here. Order types are the one area where a wrong answer costs money on your very first trade, so it is worth rereading the guide until the mechanics feel obvious.
Where can I learn the topics I missed?
Every explanation links to the order types guide or the market hours guide that covers that point, so you can read the specific section rather than the whole page again.