Learn to Trade

Brokers and markets

Start with how brokers and exchanges differ, what a market is, and how an order travels from your screen to a venue. Understanding who holds your money and who executes your order makes later topics easier.

Order types, stop losses, and sizing

Market orders trade at the best available price, while limit orders set the price you will accept. A stop loss is an instruction meant to exit a position when price moves against you, but it may fill at a worse price during fast markets. Position sizing is the practice of choosing how much to risk on one trade so a single loss does not do outsized damage.

Paper versus live trading

Paper trading uses simulated money, so it is a safe way to learn how orders behave. Its results are simulated and do not guarantee live results, because live trading adds slippage, partial fills, fees, and connection problems. Move to live trading only when you understand the risk and can accept losing money.

Risk is the thread through every guide. Decide what you can afford to lose, set limits before you enter, and review outcomes honestly. The interactive guides and broker information are available on this page once the application loads.

How to use the guides

Read the guides in order if you are new: brokers and markets first, then order types, then stop losses and position sizing, then risk. Each guide is written in plain English and avoids jargon where a simpler word works. Pair reading with paper trading so you can try each idea without risking money, and keep notes on what you tried and what happened.

The guides explain concepts so you can make your own decisions, and you are responsible for those decisions and their outcomes.