Tier 1 · Foundation
What Markets Are
Understand how markets work: buyers, sellers, order books, participants, sessions, and liquidity.
- 1Buyers, sellers, order books, price discoveryLearn what a market is, how buyers and sellers form price, how the order book works, and why the spread is a real cost on every trade.
- 2Market participants (retail, institutions, market makers)Meet retail traders, institutions, market makers, and your broker — and learn how their goals shape price behaviour.
- 3Market sessions and liquidity cyclesLearn the Sydney, Tokyo, London, and New York sessions, when liquidity peaks and dries up, and how to match your trading hours to your market.
