The Apprentice
"Enough watching. Time to place your first trades (with fake money)."
Set up a demo account, place your first orders, manage open trades, start a trading journal, and learn the most common beginner mistakes before you make them.
Lessons (12)
Setting Up MT4/MT5: Your Workspace
Download, install, log in, and find your way around.
5 min readYour First Forex Chart Setup (MT4/MT5)
Candlesticks, timeframes, zoom. Get comfortable with what you see.
5 min readPlacing a Market Order: Step by Step
Your first trade. Walk through every click.
6 min readPlacing Pending Orders: Step by Step
Set your order in advance and let the market come to you.
4 min readManaging an Open Trade
Your trade is open. Now what? Modify, trail, or sit tight.
5 min readClosing a Trade: When and How
Manual close, stop-loss hit, or take-profit reached.
4 min readForex Position Sizing: The 1% Rule for Beginners
The simple formula that keeps your account alive.
6 min readYour Trading Journal: The Most Underrated Tool
If you don't track it, you can't improve it.
5 min readHow to Calculate Forex Profit and Loss
The P/L math behind any trade, on any pair, step by step.
5 min readForex Trading Costs: Spread, Commission, and Swap
Know exactly what you're paying on every trade.
4 min readThe Most Common Beginner Mistakes
Learn them here so you don't learn them with your money.
6 min readBuilding Your First Watchlist
Less is more. Focus on 3-5 pairs, not 28.
4 min readReady to Test Your Knowledge?
Complete the lessons above, then take the quiz. You need 70% to unlock Level 4: The Chartist.
Take the Quiz (25 questions)Already know this material? Skip straight to the quiz and prove it.