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Forex 101

Forex, explained the way a desk would explain it

Most forex losses start as a misunderstanding, not a bad call. This is the working knowledge a professional needs before risking a dollar — how the market is priced, what every cost actually is, how to size a position, and how to read a track record instead of believing it.

Forex 101 is part of Premium

Full academy access · $5/month or $50 lifetime

The full desk-level curriculum sits behind Premium, alongside the detailed calculator, goal projections and strategy tools. Here is what it covers:

  • The market you're actually trading
  • Pips, lots and position size
  • Leverage and margin
  • The cost stack
  • Brokers: where your money actually sits
  • Reading a track record like a professional
  • Win rate versus risk-reward
  • Copy trading, PAMM and signals
  • Algorithms, indicators and backtests
  • Risk rules that keep accounts alive
  • Due diligence checklist
  • 42-term glossary
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Due diligence checklist

Run this before any money moves

    Glossary

    0 terms, plain English, tap any one

    Put the theory into a projection

    Model a win rate and daily move on the forex calculator, or size a position around a real stop.

    Open the calculator

    Educational only: This page is general education about how currency markets, brokers and performance reporting work. It is not financial advice, not a recommendation of any broker, product or strategy, and it contains no performance claims. Leveraged forex trading can lose more than you deposit. Verify everything yourself and consult a licensed professional where appropriate.