Free trading education · no sign-up · never signals

Learn Trading. Build a Process. Manage Risk.

Trading punishes people who learn it in the wrong order: entries first, risk last, and the account gone somewhere in between. These free courses run the other way — how much you can afford to lose, then how markets work, then, last, how to take a trade.

Start lesson 1 of the course →Not sure? Start here

84-lesson course · 48 more lessons · 3 calculators · 146 terms · 4 exchanges reviewed · free, no sign-up

Where are you right now?

I've never traded — where do I start?I want the whole course, in order I've already lost money I want the calculators I'm choosing an exchange

Just here to open an account? Read the exchange comparison first — downsides included — or go straight to one below. These are referral links; they never change what we write (how we are paid).

Checking whether Binance is offered where you are…
Checking whether OKX is offered where you are…
Checking whether Bybit is offered where you are…
Checking whether Kraken is offered where you are…

Latest update · 23 Sept 2026

Binance review: Low spot fees, a free demo and every product — but gone from the EU since July 2026

Where it costs you: Futures and leverage sit one tap from the spot screen, and its licences have moved twice in three years.

Read the review →Everything new →

Why readers trust a site that promises nothing

No signals, trade calls or copy trading
No profit screenshots or income claims
No ranking that commission can buy
No figure without a source and a date

Editorial policy →How we are paid →

Term of the day

Stop order — An order that becomes a market order once a trigger price is reached.

Read the definition →

The full course · free · on this site

The Trading Knowledge Vault

84 lessons in 10 parts, from Master Cường Boss's own teaching sessions: the reasoning behind each rule, the mistakes he watched students make, and what to do about them. About 13 hours of reading, no account needed.

Start lesson 1 →See all 10 parts

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The same course in one 357-page file

Sent to your inbox, then a short series on risk and position size — never signals. One click unsubscribes.

The ten parts

Short courses

8 short courses. 48 lessons. One right order.

Risk before charts, charts before entries. Each course builds on the one before it; the two marked red are the ones most people skip — and the ones they come back to after an expensive month.

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Next: What Is Trading, Really?

Tracked in this browser only — no account, nothing sent anywhere. Mark a lesson complete at the end of each page.

6 lessons
Trading Foundations
What a market actually is, how an order reaches it, and how to read a price chart without reading anything into it. The starting point if you have never placed a trade.
beginner
Do not skip
Risk Management
Position sizing, loss limits and invalidation — the part of trading that decides whether you are still here in a year. Taught before entries, deliberately.
beginner · 6 lessons
6 lessons
Technical Analysis
Support, resistance, trend and indicators — what each one is actually measuring, what it cannot tell you, and how to avoid the most common way people misuse them.
intermediate
6 lessons
Market Structure
How to describe what a market is doing in terms of highs, lows, timeframes and where orders sit — a vocabulary for context rather than a set of signals.
intermediate
Do not skip
Trading Psychology
Why discipline fails under real conditions, which biases show up most often in trading specifically, and how to build a review routine that catches them.
intermediate · 6 lessons
6 lessons
Building a Trading Plan
How to turn vague intentions into a written, testable plan — and how to test it honestly before it costs you anything.
intermediate
6 lessons
Crypto Trading
What makes crypto markets structurally different from traditional ones — continuous trading, custody risk, fragmented liquidity — and what that changes about how you approach them.
beginner
6 lessons
Futures Trading
Contracts, margin, liquidation and carrying costs — the mechanics of leveraged products, and why the failure mode here is different from spot.
advanced

See all courses Or browse every lesson by topic →

Free tools · no sign-up

Do the arithmetic before the market does it for you

Calculators that run entirely in your browser. Nothing you type is sent to a server.

Calculator
Position Size Calculator
Convert a risk percentage into a number of units, given where your stop sits.
Open →
Calculator
Risk/Reward Calculator
Turn an entry, a stop and a target into a ratio — and into the win rate that ratio would need to break even.
Open →
Calculator
Trading Fee Calculator
Estimate what a round trip costs, and how far price must move before you are back to flat.
Open →
Self-check · 5 minutes
Beginner assessment
A short set of questions that tells you which course to open first — and which you can skip.
Open →
Questionnaire
Exchange finder
Where you live, what you want to trade, and who should hold the keys — narrowed to a shortlist, with its weaknesses stated.
Open →
Glossary
146 terms in plain English
Every concept in the courses, defined in a couple of honest sentences and linked back to the lesson that uses it.
Open →

Latest from Learn Then Trade

All lessons →

Exchange review · 23 SEPT 2026New
Binance review: Low spot fees, a free demo and every product — but gone from the EU since July 2026
Where it costs you: Futures and leverage sit one tap from the spot screen, and its licences have moved twice in three years.
Read the review →
Exchange review · 23 SEPT 2026New
OKX review: The best play-money demo of the four, run from the Seychelles for most of the world
Where it costs you: For most of the world you contract with a Seychelles company that pleaded guilty in the US in 2025.
Read the review →
Lesson · 22 SEPT 2026New
Risk of Ruin and Drawdown Maths
Returns multiply rather than add, so a drawdown costs more to undo than it cost to create. Combine that with ordinary losing streaks and you get risk of ruin — the probability that normal variance, not bad analysis, ends the account.
Read the lesson →
Course · Part 1 · 17 SEPT 2026New
The path to mastery — three years before you get creative, and absolutely no handing your money to someone else to trade
Trading is a business of your own, so it carries professional traits that a newcomer doesn't anticipate: years without stable income, making decisions alone…
Read the lesson →

When you're ready to practise

Compare the exchanges we review

You need one account that fits how you will trade, not five. Each card says what the exchange is good at and where it costs you — checked against its own pages and its regulators’ registers.

Affiliate disclosure: this section contains referral links. We may receive a commission if you register through them, at no extra cost to you. It never changes a card or a score. Full policy.

Widest product range
Binance
70/100
Pick it if you mostly trade spot on the big coins and want one account that has everything, at low published fees.
Where it costs you Futures and leverage sit one tap from the spot screen, and its licences have moved twice in three years.
Spot
0.1% / 0.1%
Per $1k trade
$2.00
Demo
Spot + futures
Checking whether Binance is offered where you are…
Full review →
Not in the US, Canada or the EU (+3 more) · checked 23 Sept 2026
Best demo account
OKX
63/100
Pick it if you want to rehearse every order type — spot, margin, futures, options — with play money before any real deposit.
Where it costs you For most of the world you contract with a Seychelles company that pleaded guilty in the US in 2025.
Spot
0.08% / 0.1%
Per $1k trade
$2.00
Demo
All products
Checking whether OKX is offered where you are…
Full review →
Not in the US, Canada or Hong Kong (+10 more) · checked 23 Sept 2026
Most open fee table
Bybit
63/100
Pick it if you want to see every fee before you sign up, and learn how futures behave on a funded demo.
Where it costs you Its own terms name two different companies, no licence covers the global site, and it lost US$1.46bn to a hack in 2025.
Spot
0.1% / 0.1%
Per $1k trade
$2.00
Demo
50,000 USDT
Checking whether Bybit is offered where you are…
Full review →
Not in the US, Canada or Australia (+10 more) · checked 23 Sept 2026
Open to US readers
Kraken
70/100
Pick it if you live in the US (not New York or Maine), or you put regulation and account security ahead of cost.
Where it costs you Fees: 0.40% / 0.80% at the entry tier — about $16 on a $1,000 round trip, against about $2 elsewhere.
Spot
0.4% / 0.8%
Per $1k trade
$16.00
Demo
None
Checking whether Kraken is offered where you are…
Full review →
Not in New York and Maine (US) · checked 23 Sept 2026

Not sure which one? Answer a few questions and get a shortlist → · Every number in one table →

FAQ

Questions people ask before they start

Is Learn Then Trade really free?

Yes. Every lesson, the 84-lesson Knowledge Vault course and every calculator open without an account. The PDF of the course is free by email. The site is paid for by referral links to some exchanges, and each one is labelled where it appears.

Do you give trading signals or tell me what to buy?

No — never. There are no signals, trade calls, copy trading or price targets here. The site teaches how to size a position, where a stop belongs and how to judge an exchange, so the decisions stay yours.

Where should a complete beginner start?

With risk, before charts. Take the five-minute assessment on the Start here page, or open lesson 1 of the course. The capital and risk part is the one most people skip and the one that saves the most money.

How do you choose and score exchanges?

Six criteria, 0–5 each, scored only from what the exchange and its regulators publish: fees, security, regulation, education, usability and support. Commission is not an input — Kraken, which pays us nothing, shares the top score.

Why can’t I see a link to an exchange?

Either you are in the UK, where we show no exchange links at all, or the exchange does not take customers from your country, or we could not tell where you are. The reviews stay open to read either way.

Who writes this

The course comes from Master Cường Boss's teaching sessions, translated with his permission. The short courses, calculators and exchange reviews are written by the Learn Then Trade editorial team, to the standards below — and when we are wrong, the correction goes on the page.

Editorial policy Fact-checking Corrections Contact

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Risk warning: trading and investing involve a substantial risk of loss, and most retail traders lose money. Everything on this site is education — not financial, investment, legal or tax advice. Never trade money you cannot afford to lose.