9-part series

How Trading Actually Works

A plain-English tour of what really happens when you trade — the order, the costs, the leverage, the products, the platform, the risks, and the regulators standing behind it all.

  1. 1
    Part 1 of 9 12 min

    How Trading Works: What Happens When You Trade

    How trading actually works: the journey from your order to the market and back, the costs and rules at each step, and the retail-loss reality.

    Read part 1
  2. 2
    Part 2 of 9 10 min

    Order Types Explained: Market, Limit and Stop

    Order types explained: market, limit and stop orders, how execution and slippage work, and why the price you ask for isn't the one you always get.

    Read part 2
  3. 3
    Part 3 of 9 10 min

    Trading Costs Explained: Spread, Commission, Fees

    Trading costs explained: the bid-ask spread, commission, overnight financing and hidden fees, and how they quietly decide whether you come out ahead.

    Read part 3
  4. 4
    Part 4 of 9 12 min

    Leverage & Margin Explained: How It Magnifies Loss

    Leverage and margin explained: how borrowing to trade magnifies losses as much as gains, margin calls, liquidation, and the regulator caps that exist because of the damage.

    Read part 4
  5. 5
    Part 5 of 9 12 min

    Shares vs CFDs vs Spread Betting: The Difference

    Shares vs CFDs vs spread betting explained: owning an asset versus betting on its price, the leverage and tax differences, and the UK/Australia split.

    Read part 5
  6. 6
    Part 6 of 9 10 min

    Short Selling Explained: Risks of Betting on a Fall

    Short selling explained: how you profit when a price falls, why the losses can be open-ended, and what a short squeeze is — for beginners.

    Read part 6
  7. 7
    Part 7 of 9 10 min

    Trading Platforms Explained: Brokers & Red Flags

    What a trading platform really is: how brokers make money, why regulation and client-money segregation matter, and how to spot an offshore trap.

    Read part 7
  8. 8
    Part 8 of 9 10 min

    Managing Risk in Trading: Sizing, Stops, Ruin

    Managing risk in trading: position sizing, stop-losses and their limits, drawdown and risk of ruin — and why risk control can't make a losing edge profitable.

    Read part 8
  9. 9
    Part 9 of 9 12 min

    Is Trading Regulated? FCA, ASIC & How to Check

    Who protects traders: the FCA and ASIC regimes, leverage caps, negative-balance protection, FSCS and AFCA compensation, and how to verify a firm is authorised.

    Read part 9