The Path · free curriculum
Trading, explained from zero
No signals. No price predictions. No income promises. Just the mechanics - spreads, leverage, risk, psychology - taught plainly, in the order that keeps you from blowing up in week one.
Start here
What a market actually is, and who you are trading against
Before any chart: what happens when you press buy, where the price comes from, and who is on the other side.
Read lesson → FoundationsWhat is a spread, and why it is your real cost
The gap between buy and sell is the first bill you pay on every trade, and the one that never appears on a statement.
Read lesson → FoundationsLeverage, explained without the hype
Leverage is not free money. It is a magnifier that works on losses exactly as hard as on gains.
Read lesson → FoundationsOrder types, and the one that quietly costs you money
Market, limit, stop and stop-limit. Which to use, when, and why defaulting to market is a permanent tax.
Read lesson → Risk managementRisk and position sizing: the only edge a beginner controls
You cannot control whether a trade wins. You can control exactly what it costs when it loses.
Read lesson → Risk managementWhere a stop loss actually goes
Four legitimate places, and the one place it must never go: a dollar amount you find comfortable.
Read lesson → The real cost of tradingThe all-in cost of a trade, counted properly
Spread, commission, swap, funding, slippage and withdrawal. Five of the six never appear on a statement.
Read lesson → Reading a chartReading candlesticks honestly
What the four numbers tell you, why patterns are weaker than they are sold as, and why the close is the only price that counts.
Read lesson → Expectancy and the numbersExpectancy: the only number that says whether a system works
Win rate alone tells you nothing. Expectancy combines it with reward-to-risk into the one figure that answers the real question.
Read lesson → Crypto specificsSpot versus perpetual futures: which one you actually want
One has no liquidation price and no carry. The other has both, plus the ability to short. Most beginners pick the wrong one.
Read lesson →The full Path
Twelve steps, in order
We publish lessons deliberately, in sequence. Written lessons are linked; the rest show what is coming so you can see the whole map.
Foundations
- What a market actually is written
- What is a spread written
- Leverage, explained written
- Order types explained written
The real cost of trading
- Fees, commission and all-in cost written
- Swap and overnight financing
- Funding rates on perpetuals
- Withdrawal and network fees
Reading a chart
- Candlesticks, honestly written
- Timeframes and top-down reading
- Support and resistance as zones
- Volume and what it proves
Market structure
- Higher highs and higher lows
- Ranges, and why most time is spent in them
- Breakouts and how they fail
Indicators, set up properly
- Moving averages
- RSI and the overbought myth
- ATR for stop placement
- Why indicators lag
Risk management
- Risk and position sizing written
- Where a stop loss goes written
- Risk-to-reward and break-even win rate
- Drawdown and the recovery maths
- Correlation: when ten trades are one
Expectancy and the numbers
- Thinking in R
- Expectancy explained written
- Risk of ruin
- Why thirty trades is the minimum sample
Trading psychology
- The four mistakes that end accounts
- Revenge trading
- Fear of missing out
- Trading while tilted
Process and discipline
- The pre-trade checklist
- Keeping a journal that is worth reading
- The weekly review
Crypto specifics
- Spot versus perpetual futures written
- Liquidation, and how to never meet it
- Custody: not your keys, not your coins
- Stablecoins and what backs them
Choosing where to trade
- Regulation and which entity holds your account
- Account types and what they really cost
- Funding and withdrawals
- Demo to live, without the ego
Putting it together
- Building a written trading plan
- Sizing up responsibly
- When to stop trading