Curriculum

What the stock market actually is, what a share actually entitles you to, and how to open and use a brokerage account without feeling lost. Starts from zero.

• What you own when you own a share
• Opening a brokerage account and what the screens mean
• Order types, and the two that beginners should mostly avoid
• Reading a quote page without guessing

12 lessons · 2–3 hours

How to look at a business and form your own view of whether it is worth owning. This is the module that stops you buying things because the chart looked cheap.

• A balance sheet in ten minutes: the four numbers that matter
• Earnings trends over years, not quarters
• Debt: how much is too much, and how to tell
• Undervalued versus just plain cheap
• When to walk away from a business you do not understand

18 lessons · 4–5 hours

Fair value, done honestly. You will build a discounted cash flow estimate yourself and — more importantly — see exactly which assumptions the answer depends on.

• Why a valuation is a set of assumptions wearing a number
• Building a discounted cash flow estimate step by step
• Growth rates: how a two-point change moves the answer enormously
• Using the fair value tool, and when to distrust its output

14 lessons · 3–4 hours

How to get from thousands of listed companies to a short list you can actually research. A screen is where the work begins, not a list of things to buy.

• Building a screen around quality rather than momentum
• Reading the screening tools without treating output as advice
• Support and resistance, and what the lines do and do not tell you
• Pivot points and the Coval Trend Indicator, explained plainly

11 lessons · 2–3 hours

What an option contract really is, in plain English, before any strategy. Most people who lose money on options skipped this part.

• Calls and puts, without the jargon
• Strike, expiry, premium: what you are actually agreeing to
• Why time works against you, and what that costs
• The risks that are specific to options, stated plainly

16 lessons · 4 hours

The strategy most of our students come for. How the premium is generated, exactly what you give up to collect it, and the situations where it is a bad idea.

• What a covered call actually is — and what it costs you
• Choosing a strike, and the tradeoff you are making when you do
• Using the covered call calculator on a position you own
• What happens at expiry, in every direction the stock can go
• When not to write a call on something you love

20 lessons · 5 hours

Long-dated options and how they behave differently from the short ones. Slower, and for that reason more forgiving of being early.

• Why a two-year option is a different instrument from a two-week one
• What you are paying for when you buy time
• Where L.E.A.P.S. fit alongside shares you already hold

9 lessons · 2 hours

Credit spreads and iron condors: how they are constructed, where the risk actually sits, and why the maximum loss is the number to look at first.

• Building a credit spread one leg at a time
• Iron condors, and what has to happen for them to work
• Reading the maximum loss before the maximum gain
• Using the credit spread calculator

15 lessons · 4 hours

The module most courses leave out. How to recognise a position that has turned against you, what your actual choices are, and how to decide deliberately instead of hoping.

• Spotting trouble early rather than late
• The difference between adjusting, closing, and waiting
• Why hoping is a decision, and usually an expensive one
• Working through real examples from live sessions

13 lessons · 3 hours

Position sizing, concentration, and the arithmetic of losses. Protecting what you have built matters more than adding to it, and the maths is unsentimental about it.

• Why a 50% loss needs a 100% gain to undo
• Position sizing in plain arithmetic
• Concentration: the risk people notice last
• Deciding your limits before you need them

10 lessons · 2 hours

Interest rates, inflation, employment, oil. Not so you can forecast, but so the news stops feeling like noise.

• The 10-year Treasury yield, and why it touches everything
• CPI and what it does and does not tell you
• Using the economic calendar to know what is coming
• Twice-weekly market commentary, written to be read

12 lessons · 3 hours

The psychology collection: 336 short lessons on why sensible people make poor decisions with money, and what to do about it. Read in any order, two minutes at a time.

• Why smart people make terrible decisions with money
• The habits that quietly help, and the ones that quietly hurt
• Recognising yourself — and your mistakes — on the page
• Yours to keep, whatever you decide about membership

336 lessons · Read at your own pace