Start here · free · no account
Your first week, in the right order.
Most people learn trading backwards: entries first, risk last, and the account gone in between. Pick where you are today — every route starts with how much you can afford to lose.
Where are you right now?
I've never traded
A seven-day plan below: one short lesson and one small action a day, about 58 minutes of reading in all. Risk comes before charts.
Show me the first week →
I've traded and lost money
Start with how much you risk, not with a better entry. The risk course and the capital part of the Knowledge Vault are where most losses are decided.
Start with capital and risk →
I trade, but without a plan
Turn habits into written rules you can test: what you trade, when you enter, where you are wrong, and how you review.
Build the process →
I'm choosing an exchange
Four exchanges reviewed downsides first — who runs them, what a trade really costs, and who they will not accept.
Compare the exchanges →
Never traded? · 7 days · about 58 minutes of reading
Your first seven days: one lesson, one action
No money needed yet — every action works on paper or on a demo account. Tick them off in any order you like, but do not skip day 3.
Day1
Read · 8 min
What Is Trading, Really?Do
Write down, in one sentence, why you want to trade — and what would make you stop.
Day2
Read · 9 min
How Orders WorkDo
On a demo account, place one market order and one limit order, and compare the fills.
Day3
Read · 8 min
Why Risk Comes FirstDo
Decide the most you will lose on one trade, in money, before you look at any chart.
Day4
Read · 9 min
Position Sizing ExplainedDo
Size three made-up trades with the calculator until the arithmetic feels boring. Open the calculator →
Day5
Read · 8 min
Stop-Losses and InvalidationDo
On one chart, mark the price at which your idea would be wrong — before the entry.
Day6
Read · 8 min
Costs of a Round TripDo
Work out what a buy and a sell cost on your exchange, fees and spread included. Open the calculator →
Day7
Read · 8 min
Demo Accounts and Paper TradingDo
Place five demo trades, each with a written stop and size. Keep the notes.
The three calculators you will use this week
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 →
Not sure which route?
Self-check · 5 minutes
Beginner assessment
Six questions that suggest where to start. Nothing is stored or sent anywhere.
Overview
Trading roadmap
The order to learn things in, and why it is not the order most sites use.
Routes
Choose your learning path
Three routes through the same library, depending on where you are today.

