Open a EUR/USD chart at 1.0850. The price moves in pips. One pip is 0.0001 here. A standard lot is 100,000 units. If you buy one standard lot, each pip is worth about $10. Your broker shows the same chart. The difference is that you do not pay the full 100,000 units yourself.

Leverage is the broker lending you the rest of the trade. Your own money is margin. If the broker offers 1:100, you put up 1% of the trade value. The other 99% is borrowed. On EUR/USD at 1.0850, one standard lot is worth $108,500. At 1:100, your margin is $1,085. That is about ₱62,000 at a rate of 57 pesos to the dollar. The rate moves, so check it.

The chart does not show the loan. It shows price. Margin is held from your account balance. Your free margin is what is left. Leverage makes the position bigger than your cash. It does not make the market safer. A small price move against you is a big move on your small margin.

A stop loss is an order to close the trade at a chosen price. On the chart, you place it below a recent low if you are buying. The distance from entry to stop is your risk in pips. Take profit is the same idea on the other side. It closes the trade at a target. Without a stop, the borrowed amount stays open. The loss can grow past your margin.

Risk per trade is the money you accept losing if the stop is hit. Many traders use 1% to 2% of account equity. This is a common guideline, not a rule from the SEC Philippines or any broker. If your account is ₱50,000, 1% is ₱500. That is the most you plan to lose on one trade. The stop distance and the lot size must fit that number.

Position size is the link. If your stop is 20 pips away and you risk ₱500, you need the pip value to be ₱25. One micro lot is 1,000 units. On EUR/USD, a micro lot is about $0.10 per pip. That is around ₱5.70 at 57 pesos to the dollar. So 20 pips on one micro lot risks about ₱114. You would need more lots to reach ₱500, but then the risk grows. The arithmetic is the same every time.

Drawdown is the drop from your account peak to its current value. A losing streak is several losses in a row. Both are normal. The chart will show the same pattern. Your account balance shows the effect. If you risk 2% per trade and lose five in a row, the loss is about 10% before any wins. The exact number depends on compounding, but the direction is clear.

A margin call happens when your equity falls below the broker's required margin. The broker may ask you to add funds or close positions. A stop out is when the broker closes positions for you. The level varies between brokers. Some use 50% of margin, some use 20%. You will find it in the broker's terms. The SEC Philippines regulates brokers that offer these products to Philippine residents. Check the broker's registration before sending money.

After a stop out, you cannot trade that position. The loss is taken from your balance. The borrowed amount is repaid from what is left. This is why the stop loss and the 1-2% rule matter before you open the trade. They are not predictions. They are limits you set when you are calm.

Before opening the first lesson, set up a demo account and confirm it runs the EUR/USD pair at a price near 1.0850. A demo account uses practice money, so a mistake costs nothing but time. Check that the platform shows lot size, margin used and free margin on the same screen. If those three figures are not visible, find them in the platform settings before moving on.

Have a calculator and a notebook ready. The lessons ask for small sums: a position of 0.01 lots on EUR/USD at 1.0850, a stop loss 30 pips away, a risk figure of 1% of a ₱50,000 balance. Work each one by hand first, then check it against the platform. Writing the number down is what makes the next lesson readable.

Decide the practice balance now and keep it fixed for the whole route. A common mistake is to change the balance between lessons, which makes the earlier sums meaningless. Another is to skip the lot lesson because it looks simple. Lot size sits under every later calculation, so a reader who rushes it will get position size wrong.

Set aside a deposit method only when the route is finished. GCash and bank transfer are the usual ways money moves in and out, and each has its own processing time; that time varies between brokers. Nothing in these seven lessons needs real money. The point of the order is that by the last lesson a reader can size a trade, place a stop and recognise a stop out on the chart before any deposit is made.