Learn to trade gold, without the hype.
Trading, explained for people starting from zero.
Free lessons, calculators and straight answers. Learn how pips, lots and risk really work before you put a single dollar in.
No sign-up.Start lesson 1
Everything you need to start
- Stop loss
- 4024
- Target
- 4056
Built for beginners. Honest about risk.
Position size
0.03 lots
Our partner: Traders World
Ready to practise on real trade ideas?
Traders World adds daily gold trade ideas from six analysts, live sessions and a community to what you learn here. Look around free for 7 days before you deposit anything.
We may earn a commission if you later fund a broker account. How we're paid
- Stop loss
- 4024
- Target
- 4056
Where are you starting from?
Rules that keep beginners in the game
Learn about riskRisk the same small amount on every trade
Put a stop loss on every trade, before it opens
Missed the entry? Skip it. Never chase price
Expect losing streaks and size for them
Common questions
Is PlainPips free?
Yes. Every lesson, guide and tool is free to read and use, with no account and no email needed. We earn a commission from a broker if you later open and trade on an account through our partner link, which is how we keep the site free.
Do I need money to start learning?
No. You can work through the course and practise with the calculator without depositing anything. Many brokers also offer demo accounts with pretend money, which is the right place for your first trades.
How much money do I need to start trading gold?
With 0.01 lots, the smallest size, one pip on gold is worth $0.10, so a typical 50 to 100 pip stop risks $5 to $10. Keeping that to 1% of your account means roughly $500 to $1,000. You can trade with less, but each loss will hurt more. Never deposit money you can’t afford to lose.
Can I really learn to trade online?
You can learn how it works, how to manage risk and how to read a trade plan. Becoming consistently profitable is much harder, and most people who trade leveraged products lose money. We’d rather tell you that now.
Is PlainPips part of Traders World?
No. We’re independent. Traders World is our partner: we recommend its free trial when you’re ready to practise on real trade ideas, and we may earn a commission from the broker if you fund an account.