Learn to Trade & Manage Risk

Step-by-step educational guides on position sizing, pips, margin, leverage, and market mechanics.

What is Margin and a Margin Call?

Understand how margin works in trading, the risks of leverage, and how to avoid the dreaded margin call.

Learn how to calculate pips, understand pip values, and read forex quotes correctly.

An explainer on how interest rates set by the Federal Reserve impact forex, gold, and crypto markets.

Learn how forex leverage works, why it magnifies both gains and losses, and how to keep your effective leverage under control.

A simple four-step method to work out your lot size from your account balance, risk percentage and stop loss, with worked examples.

Understand the risk-reward ratio, the win rate you need to break even, and why a good ratio alone does not make a good trade.

See how a trading drawdown is measured, why the gain needed to recover grows faster than the loss, and how to limit deep drawdowns.