📚 Free Trading Education

From the Author

Dear reader, on this website, you will find a trading course designed for self-study. Having been actively engaged in trading since 2013, I can confidently say: not all information is equally useful. Many topics only distract attention and slow down the learning process. Therefore, I set out to create the most concise theoretical material that is, at the same time, practical in application. This course can be studied in a flexible format, depending on the learner’s experience.

Main Learning Topics

The course covers key trading sections necessary for a confident start. All sections are structured to simplify the learning process, focus on the essentials, and effectively prepare for practical trading. Each section consists of a set of articles with a consistent structure, progressing from one section to the next. At the end of each section, you can learn about its benefits and the main topics covered.

Trading for Beginners

In this section, you will learn about the following topics:

The “Trading for Beginners” section is valuable because it helps gain a general understanding of trading: how the market works, who traders are, and how they earn. It also helps avoid common mistakes by providing information on trading myths, drawdowns, averaging, and other pitfalls that beginners face. Additionally, this section explains key concepts such as trading terms, timeframes, leverage, and trading systems, forming a solid knowledge base that provides a realistic view of risks, especially in cryptocurrencies and when using borrowed funds. Here, you will find step-by-step instructions for starting: how to choose a platform, where to begin learning, and what to pay attention to. Moreover, the section helps determine what suits you better—trading or investing—by comparing both approaches.

As a result, completing this block gives a beginner trader a comprehensive understanding of the profession, its risks, and how to avoid them, enabling confident mastery of trading theory with minimal costs.

Technical Market Analysis

In this section, you will learn about the following topics:

The value of the “Technical Market Analysis” section lies in providing practical tools and methods for predicting price movements in the market. The section helps understand how to “read” a chart by analyzing price and market behavior without relying on fundamental analysis. You will study the core elements of technical analysis, such as support and resistance levels, trends, channels, patterns, and candlestick patterns, enabling you to accurately identify entry and exit points for trades. Topics like Elliott Wave analysis, Fibonacci levels, and patterns (flag, triangle, head and shoulders, 1-2-3, double top, and bottom) will teach you to recognize recurring market structures, allowing you to make predictions about future market movements. You will also learn how to use indicators and moving averages for additional signal confirmation and filtering out “noise” on the chart. As a result of completing this block, a beginner trader transforms from someone who guesses into a more systematic and confident market participant, using objective data to make decisions about entering and exiting positions.

Volume Market Analysis

In this section, you will learn about the following topics:

The benefit of this section, which includes topics on market phases, volumes, and exchange mechanisms, lies in providing a deep understanding of the market’s internal structure and the logic behind price movements. This is the next level after basic technical analysis — a more professional and precise approach.

Here are its main advantages: understanding market phases and trend anatomy allows you to determine where the market currently stands—accumulation, growth, distribution, or decline—and act accordingly. A deep understanding of pricing and liquidity explains where prices come from, how orders work, and why prices move—you begin to see the “mechanics” of the market. The skill of working with the order book and tape of prints provides insight into the intentions of large players and allows you to identify potential reversals or impulses before they appear on the chart. Volume analysis: Wyckoff, Steidlmayer, and accumulation levels—you’ll learn how volume reveals the true behavior of supply and demand, distinguishing “smart money” from the crowd and predicting likely price developments. The market auction and sentiment analysis enable you to assess the psychology of participants and understand who controls the market at any given moment—buyers or sellers. Setting stop-losses based on market structure helps you place protections logically, reducing the likelihood of being stopped out. Price forecasting based on volume and participant behavior provides a strategic advantage: you don’t just follow the price, you understand why it moves. Ultimately, this section teaches you to think like a professional trader, relying not only on charts but also on logic, volumes, structure, and market participant behavior.

Smart Money Concept

In this section, you will learn about the following topics:

The section dedicated to Smart Money Concepts provides both beginner and advanced traders with a deep understanding of the behavior of large market players and teaches how to analyze the market from the perspective of liquidity, manipulations, and the intentions of market makers and other major participants. This is a practical foundation that allows you to stop being part of the “crowd” and start thinking like a professional. You’ll learn how banks, funds, and market makers think and trade, that they don’t “guess” but create price movements by taking liquidity from the market. This enables you to trade alongside them, not against them. Topics like imbalance, order blocks, FVG, and liquidity zones teach you to identify key areas on the chart where hidden actions of large players occur. You’ll learn to recognize techniques such as false breakouts, stop hunting, and hidden orders (iceberg) and avoid the common traps that 90% of traders fall into. You’ll start to understand where the crowd’s stop-losses accumulate and how large players use them to open their positions. This helps you build trades based on the real interests of big money in the market. The section includes clear entry strategies and a step-by-step guide: from identifying market structure to placing trades with minimal risk and high profit potential.

Ultimately, this section provides an understanding of market architecture, teaches you to think like a market maker, see market manipulations, and use them to your advantage. It’s the key to transitioning from chaotic trading to systematic, professional trading. Detailed trade examples with full descriptions and step-by-step guidance provide an excellent practical foundation for finding profitable entry points on the chart with an optimal “profit/loss” ratio.

Psychology of Trading

In this section, you will learn about the following topics:

The benefit of the section dedicated to the psychology of trading and the reasons for losses lies in the fact that it helps to recognize and control internal factors that prevent a trader from achieving consistent results. This is one of the key components of successful trading, which is often underestimated. The section helps to understand why most traders lose their deposits — usually not because of a “wrong strategy,” but due to fear, greed, lack of discipline, and unrealistic expectations. The market creates numerous mental “traps”: from the desire to recover losses to euphoria after profits. By recognizing them, a trader learns not to give in to emotions and avoid rash decisions.

You will learn how emotions affect thinking, risk perception, and decision-making, which allows you to remain calm even under high stress. The topic of “gambling vs. business” helps to shift your mindset: not to play, but to act like an entrepreneur — with calculation, risks, and a clear plan. Familiarity with the biography and methods of William Gann motivates and shows how psychological discipline combines with technical analysis to achieve success. You don’t just learn to press buttons on a platform; you build a mindset that helps you withstand series of losses, stick to your plan, and treat trading as systematic work. This section is the foundation for stopping being an emotional player and starting to work as a stable trader. Without psychological preparation, no strategy will yield results in the long term.

Fundamental Market Analysis

In this section, you will learn about the following topics:

The benefit of the section dedicated to fundamental analysis lies in the fact that it helps a trader understand why the market moves in a particular direction based on global economic and political factors. This provides a broader picture of events and allows for informed trading decisions, especially in the medium and long term. You will learn to assess the impact of macroeconomics on asset prices, understand global trends, and recognize the fundamental reasons for the movement of currencies, stocks, and indices. Inflation, interest rates, employment, GDP — all these affect market participants’ behavior. The section explains how to interpret and use these indicators in trading. You will also learn how global stock indices reflect economic sentiment and how news and press releases can trigger significant market movements.

Cryptocurrency

In this section, you will learn about the following topics:

The benefit of the section dedicated to cryptocurrencies lies in the fact that it provides both beginner and active traders with a comprehensive understanding of how the crypto market functions, the risks involved, and how to make informed decisions. This helps avoid common mistakes, protect against fraud, develop a trading strategy, and manage capital effectively. You will learn how to avoid losing everything in margin trading, how crypto arbitrage and Bitcoin ETFs work, the functions of market makers, and how to analyze supply and demand in the cryptocurrency market. You will also learn how to secure your funds, understand the risks and benefits of crypto staking, differentiate Tether from other stablecoins, and why algorithmic stablecoins present unique risks and opportunities. As a result, this section provides a foundation for confident and informed participation in cryptocurrency markets.

Trade Examples

This section is the final and concluding part of trading theory for beginners. In this section, all trading theory is consolidated into a trading system — related to the topic of “false breakouts” and the Smart Money concept.

The main benefit lies in the fact that here you will find ready-made practical examples with step-by-step logic for determining entry and exit points, which provide a complete understanding of how to select trades with the most effective “risk/reward” ratio, how to set levels for protective orders — “stop loss” — and define trade targets, how to avoid traps set by large market participants, how to trade in harmony with professionals, and stay away from the market “crowd.”

📑 Step-by-Step Trading Study for Beginners

Recommendation for self-studying trading, the sequence of studying key topics:

📌 Exchange structure, main participants, basic definitions.
📌 Main types of market analysis (with an emphasis on technical analysis).
📌 Technical analysis
- Chart analysis
- Levels of “support and resistance”
📌 Volume analysis
- Types and categories of orders, market mechanics
- Logic of “liquidity” at levels
- False breakouts and “stop loss hunting”
- Main methods of analyzing exchange volumes
📌 Market psychology
- How to avoid falling into “tilt,” “gambling,” and “greed.”
📌 Trading system
- Why systematic trading is the foundation of success, money management, mathematical expectation.

🎯 Conclusion

This list allows you to build a “roadmap” for mastering the profession of a trader and provides sufficient understanding of the direction in which to develop. I also believe that studying these topics provides a comprehensive understanding of all the risks associated with trading and allows anyone interested to make an informed decision about the necessity of pursuing this profession.

Trading is inextricably linked with the “search for truth”, just like in chess — the smartest wins. This profession touches on various aspects of a person’s life and leads to profound changes that foster the development of qualities such as discipline, patience, and critical thinking. The path of a trader is often challenging and sometimes extremely difficult, but ultimately, a person gains the ability to analyze and actively manage capital, which is extremely valuable in the modern world.

With respect, the author of the course “Learning Trading from Scratch” — Igor Arapov.