The Orion journal.

Long-form guides on sessions, order flow, prop firms and the engineering behind our tools. Written by the people who trade it.
How to Backtest a Trading Strategy Properly
Most backtests lie. Learn how to backtest a strategy with realistic costs, proper data, and out-of-sample testing so your results actually mean something. Read more...
Fixed vs Dynamic Stop Loss: Which Should Your Strategy Use?
Fixed or dynamic stop loss — which one fits your trading strategy? Learn how ATR stops, swing stops, and chandelier exits compare before you decide. Read more...
Forex Trading Sessions: When the Market Actually Moves
Not all trading hours are equal. Learn when each forex trading session opens, which pairs move most, and when volatility actually peaks. Read more...
Demo vs Live Trading: 5 Differences That Catch People Out
Six months profitable on demo and still blowing live accounts? Here are 5 real differences between demo vs live trading you need to understand first. Read more...
Scalping vs Day Trading vs Swing Trading: Which Fits You?
Scalping vs day trading vs swing trading: an honest breakdown of time, costs, psychology, and account size so you can pick the style that actually fits you. Read more...
How to Read a Candlestick Chart (Without the Mysticism)
Learn how to read a candlestick chart the right way — momentum, rejection, and context — without memorising dozens of named patterns. (~148 chars) Read more...
How to Calculate Position Size in Forex (Step by Step)
Stop guessing lot sizes. Learn how to calculate position size in forex step by step, working backwards from your risk budget every single time. Read more...
Equity vs Balance: What's the Difference in Your Trading Account?
Confused by equity vs balance in MetaTrader? Learn exactly what each number means, why equity changes constantly, and how it affects your margin. Read more...
What is Hedging in Forex? Pros, Cons, and Common Strategies
Learn what hedging in forex really means, how simple and complex hedges work, and why most retail traders use them the wrong way. 7-min read. Read more...
Pip vs Point in MetaTrader: What's Difference?
Confused by pip vs point in MetaTrader? Learn the exact difference, why it matters for EAs and indicators, and how to set SL/TP correctly. 5-digit broker guide. Read more...
What is Risk to Reward Ratio? Why 1:2 Isn't Always Better
What is risk reward ratio and does a higher R:R always mean more profit? Learn the math behind expected value and why 1:2 or 1:3 isn't a magic fix. Read more...
What is a Take Profit Order? When and How to Use One
Learn what a take profit order is, how to set realistic profit targets using ATR and structure, and when a trailing stop beats a fixed TP. Read more...