Free · No signals · No upsells

Online trading tutorials for beginners

Risk, psychology and strategy explained in plain English, written from a real trading journal with the mistakes left in.

13 free lessons · Four learning paths · No paid signals, ever

  • How to Know If Your Trading Strategy Actually Works

    How to Know If Your Trading Strategy Actually Works

    Five numbers decide it, and your account balance is not one of them. How to compute expectancy, how many trades you need, and how to tell…

  • How to Stop Revenge Trading

    How to Stop Revenge Trading

    Revenge trading cost me 8,000 dollars in fifteen minutes. Here is the arithmetic of what it does to an account, and the six mechanical rules that…

  • Why Do I Keep Losing Money in Trading?

    Why Do I Keep Losing Money in Trading?

    Ten reasons accounts lose money, from position size and revenge trading to the ones decided before you ever place a trade. With the numbers behind each…

  • How Much Money Do You Need to Start Trading?

    How Much Money Do You Need to Start Trading?

    Not the broker minimum. The floor is set by what a round trip costs next to your risk per trade, and the US $25,000 day trading…

  • How to Keep a Trading Journal (and What to Actually Record)

    How to Keep a Trading Journal (and What to Actually Record)

    Eight columns, a free template and no software required. What to record, how to review it, and the one column that tells you whether the problem…

  • How to Trade Market Cycles (and Why the Diagram Lies)

    How to Trade Market Cycles (and Why the Diagram Lies)

    The four stages are a good description of the past and a poor forecast of the future. What you can observe in real time, and how…

  • How to Manage Risk in Trading

    How to Manage Risk in Trading

    Risk management is two decisions and one division. How much to risk per trade, where the stop belongs, and the arithmetic that turns both into a…

  • Why Is Trading So Hard?

    Why Is Trading So Hard?

    Not because the ideas are complicated. Because the feedback lies, the sample needed to trust it is enormous, and ordinary randomness looks exactly like failure.

  • What Economic Factors Affect Stock Prices?

    What Economic Factors Affect Stock Prices?

    The list is short. The useful part is that markets move on the surprise against the forecast, not on the number, which is why the calendar…

Four paths, in order

Each path is a short course. Finish one before starting the next.

Trading basics

Orders, spreads, leverage and position size. The vocabulary you need before the charts make sense.

Risk management

How much to risk per trade, where the stop goes, and why account size decides everything else.

Trading psychology

Fear, greed, revenge trades and discipline, plus the journal that makes all of it visible.

Strategy & analysis

Market cycles, short-term analysis, and what separates professionals from beginners.

How this site works

No signals, no mentorship

Nothing here promises a return. The lessons are free and stay free.

Reviewed, with dates

Every lesson shows when it was last checked. Anything stale gets rewritten or removed.

Written from experience

Each lesson comes from a real trading journal, including the trades that went wrong.