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Lesson
Master a candlestick strategy without risk, get instant feedback, and learn from your mistakes
Meet the candlestick strategy simulator
Welcome to the free candlestick strategy simulator—your step-by-step guide to mastering a proven trading strategy.
👀 Let's explore the basics of candlestick trading and discuss three key principles of our learning methodology. These principles will guide you towards trading success.
The advantages of the candlestick strategy
It allows you to identify entry points without guessing.It is easy to understand and suitable for beginners.It provides a clear set of risk management rules.It works with any asset and timeframe.
How to trade with the candlestick strategy

How to master the candlestick strategy safely
To make sure you can track your achievements, we suggest you develop one skill at a time:

Learning a trading strategy isn't just about knowing—it's about doing. Practice, reflection, and improvement turn beginners into successful traders. There's a lesson in every mistake, but in real trading, mistakes are easy to miss and hard to learn from.
With our strategy simulator, you get instant feedbackand knowledge depending on your decisions and answers. You learn by practising, step by step. Reduced risks, less stress, and more confidence.
💬 We'd love your feedback! Share your thoughts—it'll only take two minutes, and it will help us make better educational materials for you:

➡️ In the next lesson, you will learn how to identify entry points using the candlestick strategy.
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2. Lesson 2
Identify entry points
In this lesson, you'll practise the most essential skill for any trader—finding the right entry point using candlestick patterns. Let's dive in!
How to enter the market
Let's quickly review the steps of identifying an entry point.
1. Find support and resistance levels.
2. Wait for a candlestick pattern to form at these levels.
3. See if the pattern forms correctly and aligns with the context. That's your potential entry point.
🔑 By the end of this lesson, you'll be able to spot entry points confidently based on four proven candlestick patterns.

You'll recognise the Hammer and Engulfing patterns and learn how to apply them in trading.
Practice makes perfect: Master trading step by step
In this lesson, you won't just observe—you'll practise. We believe the most effective way to learn is to try, make a mistake, understand why, and then try again. That's how real progress happens.
Each interactive step works like a mini-simulator. You'll examine real or simplified trading charts and select an answer. Don't worry if you get it wrong! We'll explain your mistake, ask a simple question to help you analyse it and then show you an approach that works.
The training will consist of three steps.
🟢 Step 1. Find support and resistance levels
Train your eye to identify strong support and resistance zones—the foundation of every successful trade. You'll work with real price charts to develop your market intuition.
🟢 Step 2. Recognise candlestick patterns
Get to know four powerful candlestick patterns using simplified chart setups. You'll sharpen your recognition skills with these short exercises.
🟢 Step 3. Apply the strategy to real charts
Put it all together. We'll show you real trading setups with both patterns and levels. Your task will be to decide if you should enter the trade and in what direction. You'll earn points and learn from every decision.
💡 If you make a mistake, you can always repeat the step, analyse it, and try again. Take your time.
You're not just learning—you're training to trade with clarity and confidence.
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3. Lesson 3
Protect your capital
Congratulations on advancing your trading knowledge! Now you can read charts, identify support and resistance levels, and understand powerful candlestick patterns.
No strategy, however, works every time. So in this lesson, you'll learn a skill that protects your capital when things don't go as planned: risk management.
Why risk management matters
A big loss in one trade can be difficult to recover from.
Thus, after identifying the entry point and trend direction, you need to secure your profits and control your potential losses.
Before entering the trade, you must decide:
how much of your deposit you're willing to risk on a tradehow much you expect to gain compared to what you risk.
❗️With our simulator, we recommend risking 1–2% of your total deposit per trade and applying a 1:2 risk/reward ratio.
So if you have $300 in your account and your risk per trade is 1–2%, your maximum loss should be $6. And with a risk/reward ratio of 1:2, you stand to gain up to $12.
With proper risk management, one bad trade doesn't ruin your strategy—it only becomes a part of it.
Example of applying risk management within a candlestick strategy

To protect your deposit, follow these three steps.
1. Determine how much money you're willing to risk
❗️It shouldn't exceed 1–2% of your overall deposit.
2. Set the stop loss at 50 points from the key level
Enable the Stop Loss, and the SL icon will appear on the chart. The point is the last digit of a price (0.00001).
👀 Example: the price rose from 1.09520 to 1.09570 by 50 points.
3. Set the take profit at a 1:2 risk/reward ratio
Calculate the distance between the stop loss and entry point—this is your risk. Determine your take profit by multiplying your risk by 2—this is your reward.
👀 Example: if you calculate your risk at 100 points, set your take profit at 200 points from the entry point.
How you'll learn
You will learn how to choose the right stop loss and take profit based on real trading examples. As you select an answer, we'll explain what happens next and why some options protect your capital more effectively than others.
Our simple, clear, and useful explanations will guide you step by step. You'll learn by doing, not just reading.

What's next?
Completed training? Well done!
📍 Want to improve your win rate and gain a deeper understanding of risk management? Go back to the course list and take the risk management course to sharpen your skills
📍 Ready to put your newly acquired knowledge into practice? Find out how to keep a trading journal—a simple tool for tracking your trades and learning from them.
📍 Not ready to trade yet? You can go back to the first lesson and get some more practice.
Every trade becomes a learning experience. Every entry into your journal builds confidence and sharpens your skills.
💪 Go trading, track your results, and keep learning.
Learning is important, but practising what you've learned brings you closer to success. Trade now to put your knowledge into practice and strengthen your skills.