Beginner guides: bankroll, odds, candlesticks, leverage
Plain guides for people who have never traded or placed a bet: how to read charts, what odds mean and how not to go broke.
- What a bankroll is and how not to go broke
Bankroll management in plain English: why people go broke from stake size, not bad predictions, and how to size a single bet or trade. - How to read candlestick charts
Candlestick charts for beginners: what the body and wicks mean, how to tell a rise from a fall and which time period to pick. - What betting odds mean and how they relate to probability
Decimal odds in plain English: how winnings are calculated, how to turn odds into a probability and what the bookmaker margin is. - Leverage, liquidation and stop-loss explained
How leverage works, why a small drop can liquidate you at x10, and what a stop-loss is for.