Risk Management
Position sizing: decide the loss before the trade
Size every trade from the loss you can accept, not from how sure you feel. The formula, a worked example and what a losing streak does to different sizes.
Read the explainerTrading and crypto, explained with the risks left in.
Plain-English explainers, a glossary and calculators that show their maths. Independent of any broker. No signals, no hype.
Guide
Start here: four moves before your first real trade
Four moves, in order, before risking real money.
Read the explainerCalculator
Position size calculator
Turn the loss you can accept into a number of units, with the formula shown.
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Trading Basics
How markets, orders, spreads and brokers actually work before any strategy.
Coming soon
Risk Management
Position sizing, leverage, stops and the arithmetic of losses.
Crypto Basics
Bitcoin, blockchains, Ethereum and stablecoins in plain English.
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Crypto Safety
Wallets, keys, scams and how to check an exchange before you deposit.
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Trading Psychology
The biases that cost beginners money, and what the research shows.
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Markets & Macro
Interest rates, inflation, currencies and central banks.
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Charts & Analysis
Candlesticks, support and resistance, moving averages and backtests.
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Costs & Regulation
Fees, CFDs, regulation and investor protection, checked at the source.
Coming soon