What am I trading?
Owning an asset differs from holding a derivative. Read the symbol, units, multiplier, settlement currency and costs in that instrument’s specifications. A market name alone does not establish trading terms.
Financial markets academy · CAPITEX Trading
Understand the market.
Trade with a plan.
Eight practical guides to market behaviour, contract specifications and actual trading risk. Start with fundamentals, calculate the examples and give every decision a reason you can review.
Choose a learning pathBefore the first order
Three questions for every market
What happens if I am wrong?
Define invalidation and a loss budget first, then calculate size. For a linear instrument: approximate risk = entry-to-exit distance × units × value multiplier, plus costs.
How do I assess my decision?
Record the entry reason, market conditions, next news event and exit method. Assess decisions across a set of trades and adherence to the plan; one win or loss alone does not establish method quality.
From understanding the instrument to executing a scenario
Choose your learning path
Each guide includes lessons, a worked calculation, common mistakes, a glossary and an exercise with an answer.
Forex education: from reading a pair to position sizing
Before predicting direction, know which currency you are buying, what each pip is worth and how much capital a trade puts at risk.
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Gold and silver education: prices, contracts and volatility
Knowing the metal is not enough: instrument type, ounces and contract size determine how price changes become account gains and losses.
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Index education: company weights and risk per point
An index is not an isolated number: constituents, weighting methods and your chosen instrument determine the trade’s actual behaviour.
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Share education: business analysis and trade execution
Understand both the company and order mechanics. A good company can be a poor trade at the wrong price or with weak execution.
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Commodity education: supply, demand and expiring contracts
Oil, gas and crops are more than charts. Storage, transport, seasonal consumption and contract month can change trade results.
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Digital-asset education: liquidity, custody and leverage
Price declines are not the only digital-market risk. Token structure, trading venue, custody and contract terms belong in your analysis.
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ETF education: look inside the fund before trading
One symbol can represent dozens of assets, but its name alone does not show diversification, costs or actual risk.
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Bond education: yields, interest rates and credit risk
A fixed coupon does not mean a fixed price. Evaluate payment streams, interest-rate sensitivity and the issuer’s ability to repay together.
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A skill across markets
Price action: read price in market context
From candles and trend structure to support and resistance, breakouts, pullbacks, sizing and method testing, with step-by-step diagrams.
Open the price-action coursePractise on paper before trading
Choose a symbol, write its contract specifications and recalculate the guide’s example using them. If you cannot explain the result in account money, the sizing work is not complete.
A better measure than win rate alone
Simple expectancy is win probability × average win, minus loss probability × average loss, minus average costs. A high win rate with large losses can still lose money. Estimate these numbers from an adequate sample that records every trade.
Suggested study sequence
- Read instrument fundamentals and costs.
- Recalculate the worked example yourself.
- Practise price structure and invalidation scenarios.
- Journal the result and review it after a set of trades.