Trading Like a Pro

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Educational content only. Nothing here is a recommendation, and no result is guaranteed.

What you will be able to do

• Recognise FOMO, revenge trading, overconfidence and loss aversion and apply rules against them.
• Build a one-page written trading plan with entry, exit and risk rules.
• Keep and review a trading journal using simple figures such as expectancy.
• Judge backtests and demo results critically, allowing for overfitting and costs.
• Spot common scams and check a firm on the FCA Register.

This module covers the human side of trading: managing emotions, writing a plan, keeping a journal, testing honestly, and avoiding scams. You will also learn the basics of UK regulation and how to check a firm. Nothing here promises profit; the aim is to protect you and improve your decisions.

Lessons

1. 1How to trade gold on MT5MetaTrader 5 on desktop and mobile: order ticket, SL/TP, modify and close.8 min
2. 2Stop loss and take profitHow exits work, TP1/TP2/TP3, risk-to-reward and moving to breakeven.10 min
3. 3Gold trading risk managementPosition sizing, leverage, margin, drawdown and why capital comes first.8 min
4. 4Trading Psychology: FOMO, Revenge Trading and Staying Level-HeadedWhy emotions, not charts, cause most beginner damage, and how to guard against them.6 min
5. 5Building a Written Trading PlanTurn vague ideas into a one-page plan with clear rules for entries, exits and risk.5 min
6. 6Keeping a Trading Journal and Reviewing Your ResultsWhat to record for each trade and how to review it so you actually learn.5 min
7. 7Backtesting and Demo Trading: Useful, but Not the Real ThingHow to test a method on past data and a demo account, and the traps that make results look better than they are.5 min
8. 8How to use gold signalsGo from a Telegram signal to an opened, managed trade, step by step.15 min
9. 9Scams and Red Flags in Online TradingHow to spot fake signal sellers, guaranteed-return promises, recovery scams and unregulated brokers.5 min
10. 10UK Regulation Basics and How to Check a BrokerWhat the FCA does, how to check a firm on the register, and what FSCS protection does and does not cover.5 min
11. ★Module exam15 questions. Pass mark 80%. Earns 200 XP and a Module Master trophy.Locked