All lessons
119 lessons across 11 islands. Each one is a written article you can read straight through, followed by practice and a quiz.
The Harbor
Market basics before options
- What is Forex?The biggest market in the world — where currencies trade
- What is Traded in Forex?Money. Specifically, currencies — and the big eight you’ll meet first
- Buying & Selling Currency PairsMajors, crosses and exotics — how currencies trade two at a time
- Market Size & LiquidityWhere forex really trades, why the dollar is king, and what liquidity means
- Ways to Trade ForexSpot, retail forex, futures, options, ETFs, CFDs and spread bets
- How traders actually profitQuotes, base & quote currency, long/short, and the spread
- Going long or shortWhen to go long or short — and the base currency that decides it
- Measuring moves in pipsThe unit that measures every move in forex
- Lots, Leverage, and Profit & LossTrade sizes, borrowed money, and how to count your wins
- The Bid and Ask PriceTwo sides to every quote — and the spread in between
- What is a Spread?The hidden cost built into every forex quote
- Talk Like the Desk: Forex LingoThe words every trader speaks — majors, pips, spread, margin & leverage
- Types of OrdersMarket, limit, stop — the ways you enter and exit a trade
- Order Types Cheat SheetLock in the orders you learned — fast drills
- Practice with a demo accountPractice with fake money until you’re truly ready for the real thing
- How your margin account really worksUsed margin, free margin, margin level & the stop-out
Trading Pit
When to trade, sessions & the forex market up close
- Is fast money realistic?The honest answer before you risk a cent
- Forex Trading SessionsWhen the market wakes up — and when it naps
- The Tokyo SessionThe Asian market opens the day
- The London SessionWhere the big money moves
- The New York SessionThe US desk takes the wheel
- Best Times of Day to TradeTrade when the market is awake
- Best Days of the Week to TradeWhen the week is worth your attention
- Forex Market StructureHow the whole thing is wired together
- The Market PlayersWho actually moves the price
- A Quick Forex HistoryHow money went from gold bars to floating pixels
- Why Trade Forex?The perks that pull people into the currency market
- Forex vs StocksTwo markets, two very different playing fields
- Forex vs FuturesSame currencies, two different ways to trade them
- The three types of analysisTechnical, fundamental & sentiment
- Swaps & the carry tradeGetting paid (or charged) to hold overnight
Rookie Outpost
Meet options: calls, puts & sides
The Workshop
Mechanics: moneyness, payoff, the chain
- Moneyness: ITM, ATM, OTMWhere the stock sits vs your strike
- Breakeven & the payoff diagramThe line that shows your profit
- Intrinsic vs Time valueWhat the premium is really made of
- Reading the options chainThe menu of every option you can trade
- Expiration, exercise & assignmentWhat happens on the deadline
Greek Heights
The Greeks: Delta, Theta, Vega & IV
- What are the Greeks?The dashboard behind every option price
- Delta — direction & oddsHow much you move when the stock moves
- Gamma — Delta's acceleratorHow fast your Delta changes
- Theta — time decayThe rent the clock charges you
- Vega — the price of volatilityHow the market's mood moves your option
- Implied Volatility & IV RankThe market's forecast, and whether it's cheap
- IV Crush & earningsHow you can be right and still lose
Strategy Ridge
Strategies: spreads, condors & the wheel
- Vertical spreadsTwo strikes, one expiry, capped both ways
- Credit spreadsGet paid to open, win if nothing dramatic happens
- The Iron CondorGet paid when the stock does nothing
- The Iron ButterflyA tighter Condor with a fatter credit
- Covered callsRent out your shares for monthly income
- Cash-secured puts & the WheelGet paid to wait, then loop for income
- Straddles & stranglesBet on a big move, either direction
- Calendars & diagonalsTrade time itself: sell near, buy far
Traders' Summit
Risk, psychology & your trading plan
- Psychological LevelsWhy price freaks out at round numbers
- Position sizing & risk per tradeHow much to bet so no single loss can sink you
- Managing trades: exits & rollingThe trade isn’t over when you open it
- Trading psychology & disciplineYour biggest opponent is your own brain
- Build your trading planThe written playbook that makes you consistent
- Journaling & reviewing tradesThe habit that quietly turns beginners into pros
- Top mistakes to avoidThe classic traps that empty new accounts
- Stop-loss placementWhere the stop goes decides everything
- Build your own trading systemTurn a vague idea into repeatable rules
- Which type of trader are you?Match a trading style to your life
- Scaling in & outEnter and exit in pieces, not all at once
- Leverage without blowing upThe tool that makes and breaks accounts
Chart Cove
Read the chart: trends, S/R, candles & indicators
- Reading a price chartWhat all those bars and lines actually mean
- Trends & trendlinesWhich way is price really heading?
- Support & resistanceThe floors and ceilings price keeps bouncing off
- Candlestick patternsWhat the shape of a candle is telling you
- Moving averagesSmoothing the noise to see the real drift
- RSI & momentumA speedometer for how stretched a move is
- MACDTwo averages that reveal momentum shifts
- Volume & confirmationThe fuel that proves a move is real
- Fibonacci retracementThe pullback levels traders watch
- Classic chart patternsShapes that hint where price goes next
- Bollinger Bands & StochasticA volatility envelope and a momentum oscillator
- Multiple time-frame analysisZoom out for the trend, zoom in for the entry
- Pivot pointsAuto-drawn support and resistance for the day
- A tour of advanced toolsElliott Wave, harmonics, Heikin Ashi & Ichimoku
- Trading divergencesWhen price and momentum disagree
- Elliott Wave theoryThe market moves in waves of crowd psychology
- Harmonic price patternsReversal shapes measured by Fibonacci
- Heikin Ashi candlesAveraged candles that reveal the trend
- Price action tradingReading the raw candles, no indicators needed
- Breakouts & fakeoutsTrade the break — and dodge the trap
- Market environmentIs it trending or ranging? Match your tools
Earnings Arena
Earnings, LEAPS, 0DTE & advanced plays
- Trading earningsThe scheduled storm every quarter
- LEAPS: long-term optionsA stock position that fits in a smaller wallet
- Poor man's covered callA covered call without the $20,000 of stock
- 0DTE & weekliesOptions with hours left to live
- Dividends & early assignmentThe surprise phone call every seller dreads
- Synthetic positionsRebuilding stock out of options — like LEGO
- Adjusting & rollingWhat to do when a trade turns against you
Market Compass
What moves markets: macro, sentiment & routine
- What moves a stockThe forces behind every price tick
- The economic calendarKnowing when the market holds its breath
- Sentiment & options flowReading the mood and the footprints
- Sectors & correlationHow stocks move in packs
- Building a watchlistA short list beats the whole market
- Your trading routineThe daily rhythm that builds consistency
- Currency correlationsWhich markets move together — and against each other
- The US Dollar Index (DXY)One number for the whole dollar
- Reading positioning: the COT reportWhat the big players are actually holding
- Prop firms & avoiding scamsFunded accounts, and the traps to dodge
- Forex brokers 101How to pick a broker you can trust
- Currency crossesTrading pairs without the US dollar
- Intermarket analysisBonds, commodities & stocks move currencies
- Trading the newsSurviving (and using) high-impact releases
- Macro fundamentals for FXRates, central banks & the big picture
The Dealing Room
Where your order really goes, and who prices it
- Who is on the other side?Exchange or dealer — the fact that decides everything else
- Passing the trade onThe A-book: hedge the risk, keep the markup
- Taking the other sideThe B-book: why it exists, and where the conflict really is
- Both books at onceHow the routing decision is really made, ticket by ticket
- Where the price comes fromSeveral quotes in, one number on your screen
- The fill you actually getSlippage, requotes, and a test you can run yourself
- When trading looks freeNeobrokers: one venue, and where the cost really sits
- Reading the disclosuresFive documents that answer everything this island asked