Module 01
What you are actually trading
Foundation12 lessonsabout 85 min
0 of 12 read
See all 12 lessonsThe YAL Academy
Learn to trade before you risk anything.
An ordered curriculum you can actually finish, a reference library you can enter at any point, and nothing at all behind a sign-up.
Trading involves risk. You could lose more than your deposit.
The curriculum
10 modules, in order.
Each one builds on the last. Start at module one, or go straight to the thing you need.
139 lessons · about 18 hours
- 01What a financial market isFoundation, 6 minFoundation, 6 min
- 02What a CFD isFoundation, 9 minFoundation, 9 min
- 03What you do not own with a CFDFoundation, 7 minFoundation, 7 min
- 04What long and short meanFoundation, 6 minFoundation, 6 min
- 05What a currency pair isFoundation, 7 minFoundation, 7 min
- 06What an index CFD isFoundation, 6 minFoundation, 6 min
- 07What commodities and metals areFoundation, 7 minFoundation, 7 min
- 08What a shares CFD isFoundation, 7 minFoundation, 7 min
- All 12 lessons in this module
- 01How to read a price quoteFoundation, 8 minFoundation, 8 min
- 02What a pip isFoundation, 7 minFoundation, 7 min
- 03What a lot isFoundation, 6 minFoundation, 6 min
- 04How to calculate pip valueFoundation, 8 minFoundation, 8 min
- 05Contract size across the asset classesFoundation, 7 minFoundation, 7 min
- 06What a market order isFoundation, 8 minFoundation, 8 min
- 07What a limit order isFoundation, 6 minFoundation, 6 min
- 08What a stop order isFoundation, 7 minFoundation, 7 min
- All 14 lessons in this module
Module 03
Margin and account mechanics
Foundation16 lessonsabout 118 min
0 of 16 read
See all 16 lessons- 01What margin isFoundation, 9 minFoundation, 9 min
- 02What account balance isFoundation, 6 minFoundation, 6 min
- 03What unrealised profit and loss isFoundation, 8 minFoundation, 8 min
- 04What used margin isFoundation, 6 minFoundation, 6 min
- 05What equity isFoundation, 5 minFoundation, 5 min
- 06What free margin isFoundation, 5 minFoundation, 5 min
- 07What margin level isFoundation, 6 minFoundation, 6 min
- 08What a margin call isFoundation, 7 minFoundation, 7 min
- All 16 lessons in this module
- 01What a spread isFoundation, 7 minFoundation, 7 min
- 02What commission isFoundation, 7 minFoundation, 7 min
- 03Spread only pricing and commission pricingFoundation, 8 minFoundation, 8 min
- 04What a swap isFoundation, 10 minFoundation, 10 min
- 05How financing differs across instrumentsFoundation, 7 minFoundation, 7 min
- 06What slippage isFoundation, 7 minFoundation, 7 min
- 07Conversion and your account currencyFoundation, 7 minFoundation, 7 min
- 08What a round turn actually costsFoundation, 10 minFoundation, 10 min
- All 10 lessons in this module
Module 05
The venue and your counterparty
Intermediate12 lessonsabout 103 min
0 of 12 read
See all 12 lessons- 01Who is actually in the marketIntermediate, 9 minIntermediate, 9 min
- 02Where a price comes fromIntermediate, 9 minIntermediate, 9 min
- 03What liquidity isIntermediate, 8 minIntermediate, 8 min
- 04How liquidity is aggregatedIntermediate, 8 minIntermediate, 8 min
- 05What depth of market showsIntermediate, 7 minIntermediate, 7 min
- 06How a CFD broker manages its riskIntermediate, 10 minIntermediate, 10 min
- 07What an execution model means for youIntermediate, 9 minIntermediate, 9 min
- 08How your order is routedIntermediate, 8 minIntermediate, 8 min
- All 12 lessons in this module
- 01What a trading session isIntermediate, 6 minIntermediate, 6 min
- 02The Tokyo sessionIntermediate, 6 minIntermediate, 6 min
- 03The London sessionIntermediate, 11 minIntermediate, 11 min
- 04The New York sessionIntermediate, 6 minIntermediate, 6 min
- 05Session overlaps and where liquidity concentratesIntermediate, 7 minIntermediate, 7 min
- 06GCC hours against London and New YorkIntermediate, 9 minIntermediate, 9 min
- 07The Sunday to Thursday working weekIntermediate, 7 minIntermediate, 7 min
- 08Rollover, holidays and thin marketsIntermediate, 8 minIntermediate, 8 min
- All 8 lessons in this module
- 01How to read a price chartIntermediate, 9 minIntermediate, 9 min
- 02What a timeframe changesIntermediate, 9 minIntermediate, 9 min
- 03Anatomy of a candlestickIntermediate, 8 minIntermediate, 8 min
- 04Trends and rangesIntermediate, 9 minIntermediate, 9 min
- 05Swing highs and swing lowsIntermediate, 7 minIntermediate, 7 min
- 06What support and resistance areIntermediate, 10 minIntermediate, 10 min
- 07Trend lines and channelsIntermediate, 7 minIntermediate, 7 min
- 08Candlestick patterns and what they describeIntermediate, 9 minIntermediate, 9 min
- All 20 lessons in this module
- 01What macro means for a traderIntermediate, 7 minIntermediate, 7 min
- 02What inflation is and why it moves marketsIntermediate, 8 minIntermediate, 8 min
- 03What interest rates do to a currencyIntermediate, 9 minIntermediate, 9 min
- 04What a central bank actually doesIntermediate, 9 minIntermediate, 9 min
- 05Hawkish and dovish languageIntermediate, 7 minIntermediate, 7 min
- 06The Federal ReserveIntermediate, 13 minIntermediate, 13 min
- 07The ECB, the Bank of Japan and the People's Bank of ChinaIntermediate, 9 minIntermediate, 9 min
- 08The CBUAE and SAMAIntermediate, 9 minIntermediate, 9 min
- All 15 lessons in this module
- 01What risk management actually isAdvanced, 7 minAdvanced, 7 min
- 02What risk per trade describesAdvanced, 10 minAdvanced, 10 min
- 03How position size follows from stop distanceAdvanced, 10 minAdvanced, 10 min
- 04Volatility adjusted position sizingAdvanced, 8 minAdvanced, 8 min
- 05What portfolio heat isAdvanced, 7 minAdvanced, 7 min
- 06Daily and weekly loss limitsAdvanced, 7 minAdvanced, 7 min
- 07What reward to risk describesAdvanced, 8 minAdvanced, 8 min
- 08What expectancy describesAdvanced, 7 minAdvanced, 7 min
- All 20 lessons in this module
- 01How to verify a licensed firmFoundation, 9 minFoundation, 9 min
- 02What regulation protects and what it does notFoundation, 9 minFoundation, 9 min
- 03How a trading scam is structuredFoundation, 8 minFoundation, 8 min
- 04Signal sellers and third party callsFoundation, 7 minFoundation, 7 min
- 05Trading robots and automated systemsFoundation, 7 minFoundation, 7 min
- 06Managed accounts and third party accessFoundation, 7 minFoundation, 7 min
- 07Performance claims on social mediaFoundation, 7 minFoundation, 7 min
- 08What a proprietary trading firm arrangement isFoundation, 10 minFoundation, 10 min
- All 12 lessons in this module
See the full syllabus for every lesson in one list, or answer two questions and the academy will name one to open.
The library
Beyond the curriculum.
The ladder is one way through the academy. These are the others: entered by the thing you need rather than by where you have got to.
- Market guidesHow a market, an event or a mechanic actually works.
- Trading glossaryOne sentence you can quote, and a worked example under it.
Or by subject, where a lesson, a glossary term and a market guide about the same thing sit together.
- Candlestick patterns
- Central banks
- Chart basics
- Chart patterns
- Correlation
- Currency pegs and Gulf macro
- Economic data
- Execution quality
- Indicators
- Inflation and interest rates
- Liquidity
- Margin and close out
- Market hours
- Multiple timeframes
- Order types
- Position sizing
- Regulation and your money
- Risk management
- Scams and verification
- Sentiment and positioning
- Slippage and gapping
- Stops and exits
- Support and resistance
- Swaps and financing
- Trading costs
- Trading plan and journal
- Trading psychology
Get started
Open your account in four steps.
A clear path from sign-up to your first trade, in four steps.
No depositNo documents
01/ 04step 1 of 4
Register
A few details to get started.
No deposit to open
02/ 04step 2 of 4
Verify
Confirm your identity, securely.
ID and proof of address
03/ 04step 3 of 4
Fund
Add money by bank transfer or card.
From $0
04/ 04step 4 of 4
Trade
Go live on the platform you already know.
MetaTrader 5
