Practical, plain-English articles on risk management, position sizing, leverage and strategy, written to make you a more disciplined trader, not to sell you a dream.
Around 70 to 80% of retail traders lose, and it's rarely the strategy's fault, it's risk. The real reasons accounts blow up, plus an interactive simulator that shows exactly what your risk per trade costs you.
What the price actually shows, the three chart types, the four numbers inside every candlestick, which timeframe to use, how to spot a trend, and how support and resistance really work. With clear diagrams.
The complete beginner's guide, in plain English: what forex is, how a trade works, pips, lots, leverage and spreads, how much you need, risk management, choosing a broker, and a step-by-step first month.
A pip is the standard smallest move in a currency pair, usually the fourth decimal (0.0001). What a pip is, how much one is worth, pips on JPY pairs and gold, pipettes, and why they matter.
Your broker is the one decision every trade depends on. The eight things that actually matter, regulation, spreads, execution, funding and more, the red flags to avoid, and our pick for international traders.
Leverage lets you control a large position with a small deposit. What ratios like 1:100 mean, the difference between leverage and margin, and why it amplifies both profit and loss, with worked examples.
The best window is the London and New York overlap, when liquidity and movement peak. All four sessions in your timezone, the best hours by pair, and the times to avoid.
You can open an account for $10 to $100, but a realistic start is $500 to $1,000. The honest answer, why risk per trade matters more than the minimum, and a simple account-size guide.
The high-impact releases that move forex, gold and indices: what Non-Farm Payrolls, CPI, the Fed decision, PCE and GDP each measure, when they land, and how to trade around them.
What one pip is worth in money, the simple formula, why it is $10 per standard lot on most pairs, and the JPY and cross-pair exceptions, with worked examples.
Never risk more than 1% of your account per trade. Here is the survival math behind the rule, a worked example, and the mistakes that quietly break it.
What standard, mini, micro and nano lots really mean: how many units each holds, what a pip is worth at each size, and which lot size to trade.
The exact lot size for a $100, $500 or $1,000 account at 1% risk, with a full table by account size and stop loss, plus the small-account trap to avoid.
Position sizing is the single most important risk skill in trading, and it's simpler than it looks. Here's the exact formula, a worked example, and the mistakes that blow up accounts.
Every concept in these articles has a free calculator to go with it.
Open the Lot Size Calculator