Free trading resources
Everything I wish I'd had when I started: templates, checklists, definitions and the best books, all free.
Free downloads
Practical tools you can use today.
The Trading Plan Starter Kit
A fill-in-the-blanks trading plan, a pre-trade checklist and a daily review sheet.
Get it free →Trade Journal Template
A simple spreadsheet for logging every trade and spotting your patterns.
Coming soonPosition Size Cheat Sheet
Work out exactly how many shares or contracts to trade in under a minute.
Coming soonTrading glossary
Common trading terms in plain English.
- Stop loss
- An order that closes your trade at a set price to limit how much you can lose.
- Risk/reward
- How much you stand to gain compared with how much you risk. 1:2 means risking $1 to make $2.
- Position size
- How many shares, contracts or lots you trade. It should come from your risk rule, not a gut feeling.
- Drawdown
- The drop from your account’s high point to its low point. Prop firms set strict limits on it.
- Support / resistance
- Price areas where buying (support) or selling (resistance) has tended to show up before.
- Slippage
- The difference between the price you expected and the price you actually got filled at.
- Prop firm
- A company that lets you trade its money after you pass an evaluation, in exchange for a share of profits.
- Paper trading
- Practicing with simulated money so you can learn without real risk.
Video library
My YouTube lessons, organized by topic.
Getting started
Risk management
Prop firm challenges
Recommended books
Widely recommended reads for traders at every level.
Trading in the Zone
Mark DouglasThe classic on trading psychology and thinking in probabilities.
The Daily Trading Coach
Brett Steenbarger101 short lessons on becoming your own trading coach.
Reminiscences of a Stock Operator
Edwin LefèvreA timeless story about market behavior and trader mistakes.
Get my free trading plan template
The checklist I use before every trade: setup criteria, risk rules, and a daily review sheet. Join the list and get it instantly.
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