Routes through the courseSeven lessons on what leverage actually borrows, what margin is held against it, and what a stop out looks like.
Understand leverage without emptying an account
Lessons on this route
7 lessons
- 1 · Lesson 1.7
Leverage and margin: how much of the trade is yours
Leverage sets how large a position your deposit can hold. Margin is the part of your money locked against it while the trade is open.
- 2 · Lesson 1.4
Lots: standard, mini and micro
A lot is how much of the instrument one trade controls. Standard is 100,000 units, mini is a tenth of that, micro a hundredth.
- 3 · Lesson 1.9
Stop loss and take profit
Two instructions you attach to a position: one closes it at a loss you chose in advance, the other at a profit you chose in advance.
- 4 · Lesson 3.1
Risk per trade: the 1-2% rule
Deciding the money you can lose on one trade before deciding anything else. Everything downstream — size, stop, target — follows from that number.
- 5 · Lesson 3.2
Working out position size
Risk in money, divided by the stop distance in pips, divided by pip value. Three numbers you already have, in that order.
- 6 · Lesson 3.4
Drawdown and losing streaks
How far an account falls from its peak, and why a run of losses is normal rather than evidence that something broke.
- 7 · Lesson 3.5
Margin call and stop out
The two thresholds at which a broker warns you and then closes your positions, and the numbers that bring an account to them.