Understand the market, read a clean chart and place a fully planned demo trade.
None. Start here if terms such as pip, lot or spread are unfamiliar.
Build a mental model of the decentralised, 24-hour currency market.
Draw the flow of a GBP/USD trade and label each participant.
Read a quote and translate a price movement into pips.
Calculate the pip movement on ten historical price changes.
Understand the money behind a position before placing it.
Compare the all-in cost of three hypothetical trades.
Choose an order type and know what can happen between click and fill.
Place each order type on a demo account and record the fill.
Read candles, timeframes, sessions, trends and ranges without clutter.
Mark market structure on five clean charts before adding indicators.
Size a trade from the invalidation point rather than from conviction.
Complete ten position-size calculations with different stops.
Move from an idea to a documented, reversible practice trade.
Plan and execute one demo trade without changing its rules mid-trade.
Prove that the foundations are usable before adding complexity.
Pass the checkpoint and complete a 20-trade demo log before progressing.