Module 1Money, Inflation & Interest Rates

1. What Is Money, Really?
   18 min
2. Inflation & Purchasing PowerTry it: Economy dashboard
   20 min
3. Interest Rates & the EconomyTry it: Economy dashboard
   22 min
4. How Money Drives Financial Markets
   18 min

Module 2The Federal Reserve & Central Banking

1. What Is the Federal Reserve?
   20 min
2. Monetary Policy Tools
   22 min
3. Fed Meetings & Market ImpactTry it: Economic calendar
   18 min
4. Central Banks Around the World
   16 min

Module 3Stock Exchanges, Brokers & Market Makers

1. Stock Exchanges Explained
   20 min
2. Brokers & How to Choose One
   18 min
3. Market Makers & Their Role
   22 min
4. Order Flow Mechanics
   20 min

Module 4Stocks, IPOs & Market Indices

1. What Are Stocks?Try it: Stock screener
   18 min
2. IPOs & Going Public
   20 min
3. Market Indices ExplainedTry it: Market breadth
   18 min
4. Market Cap & SectorsTry it: Sector rotation
   16 min

Module 5Trading Mechanics & Execution

1. Order Types Mastery
   22 min
2. The Bid-Ask Spread
   18 min
3. Trading Sessions & Hours
   16 min
4. Trading Costs, Fees & SlippageTry it: Profit and loss calculator
   20 min

Module 6Charts, Technical Analysis & Risk Management

1. Reading Price ChartsTry it: Charts
   22 min
2. Candlestick BasicsTry it: Charts
   20 min
3. Support & Resistance IntroductionTry it: Charts
   20 min
4. Risk-Reward FundamentalsTry it: Risk and reward calculator
   22 min
5. Position Sizing 101Try it: Position size calculator
   20 min

Module 1Why Risk Comes First

1. Survival First: Why Risk Beats Returns
   14 min
2. The Math of Loss: Why Drawdowns Are AsymmetricTry it: Drawdown recovery
   13 min
3. Edge, Variance & the Role of Luck
   15 min
4. Risk of Ruin: The Number That Ends AccountsTry it: Win-rate simulator
   16 min

Module 2Defining Your Risk

1. Thinking in R: The Risk UnitTry it: Risk and reward calculator
   14 min
2. Stop Placement: Where Your Idea Is Wrong
   17 min
3. How Much to Risk Per TradeTry it: Position size calculator
   13 min
4. Expectancy: Turning Win Rate Into a NumberTry it: Win-rate simulator
   15 min

Module 3Position Sizing Methods

1. Fixed-Fractional Sizing, Step by Step
   15 min
2. Volatility-Based Sizing with ATR
   16 min
3. The Kelly Criterion and Why You Should Use Less
   17 min
4. Common Sizing Mistakes That Blow Up Accounts
   14 min

Module 4Portfolio-Level Risk

1. Correlation: When Five Trades Are Really One
   15 min
2. Portfolio Heat: Capping Total Exposure
   14 min
3. Drawdown Plans and De-Risking Rules
   15 min
4. Tail Risk, Gaps & Black Swans
   16 min

Module 5Building Your Risk System

1. Writing a Risk-First Trading Plan
   15 min
2. The Risk Journal: Measuring What Matters
   14 min
3. Building a Position-Size CalculatorTry it: Position size calculator
   13 min
4. Putting It All Together: A Worked Example
   18 min

Module 1The Language of Financial Statements

1. Why Financial Statements MatterThe Foundation of Every Investment Decision
   20 min
2. The Balance SheetAssets, Liabilities & Shareholder Equity Decoded
   24 min
3. The Income StatementRevenue, Margins & the Bottom Line
   24 min
4. The Cash Flow StatementOperating, Investing & Financing Activities
   24 min
5. How the Three Statements ConnectThe Accounting Triangle
   22 min
6. Red Flags & Earnings ManipulationHow Companies Hide Bad Numbers
   23 min

Module 2Ratio Analysis & Financial Health

1. Profitability RatiosROE, ROA, ROIC & Gross/Net Margins
   22 min
2. Liquidity & Solvency RatiosCan the Company Survive?
   22 min
3. Leverage Ratios: Debt/Equity, Interest Coverage & Debt/EBITDA
   18 min
4. DuPont AnalysisDecomposing ROE Into Its True Drivers
   22 min
5. Efficiency RatiosInventory Turnover, Receivables, and the Cash Conversion Cycle
   22 min
6. Industry BenchmarkingHow to Compare Companies Properly
   20 min

Module 3Valuation Models & Intrinsic Value

1. Price vs. ValueWhy Market Price Is Often Wrong
   18 min
2. Discounted Cash Flow (DCF)Building Your First Valuation Model
   28 min
3. Relative ValuationP/E, EV/EBITDA, P/B & PEG Ratios in Practice
   24 min
4. The Dividend Discount ModelValuing Income-Generating Stocks
   22 min
5. Margin of SafetyThe Concept That Protects Your Portfolio
   22 min
6. When Models FailLimitations, Pitfalls & Stress-Testing Assumptions
   22 min

Module 4Competitive Moats & Qualitative Analysis

1. Economic MoatsNetwork Effects, Switching Costs, Intangibles & Cost Advantages
   22 min
2. Management QualityEvaluating the People Running the Company
   20 min
3. Porter's Five ForcesIndustry Structure Analysis in Practice
   20 min
4. Reading 10-K & 10-Q FilingsWhat the SEC Requires Companies to Reveal
   22 min
5. Competitive Advantage PeriodEstimating How Long the Moat Will Last
   20 min

Module 5The Legends: How the Greatest Investors Actually Think

1. Warren BuffettQuality Compounding & The Power of Patience
   22 min
2. Charlie MungerMental Models, Inversion & The Lollapalooza Effect
   20 min
3. Peter LynchInvest in What You Know & Six Categories of Stocks
   22 min
4. George SorosReflexivity, Asymmetric Bets & The Pound Sterling Trade
   22 min
5. Ray DalioAll Weather, Economic Cycles & The Big Cycle of Empires
   22 min
6. John TempletonGlobal Contrarian Investing & Maximum Pessimism
   22 min

Module 6Diversification & Portfolio Construction

1. Modern Portfolio TheoryWhy Combining Assets Reduces Risk
   20 min
2. Asset AllocationHow to Split Capital Across Stocks, Bonds & Real Assets
   22 min
3. Position SizingWhy How Much Matters More Than What
   22 min
4. Hidden CorrelationWhy Diversified Portfolios Often Aren't
   22 min
5. Cash & OptionalityWhy Holding Dry Powder Beats Full Investment
   20 min

Module 7Risk for Long-Term Investors

1. Defining RiskPermanent Loss vs. Volatility
   20 min
2. Margin of Safety in PracticeDemanding a Discount to Estimated Value
   22 min
3. Value TrapsTelling Real Bargains from Falling Knives
   22 min
4. Black Swans & Tail RiskWhy Standard Models Fail at the Worst Times
   22 min
5. Behavioral Risk ManagementBeating Your Own Worst Investing Instincts
   22 min

Module 8Macro & Sector Frameworks

1. Interest Rates & InflationHow Macro Drives Equity Multiples
   22 min
2. Sector RotationHow Different Sectors Perform Through the Economic Cycle
   22 min
3. International Investing & Currency RiskBeyond Home Country Bias
   22 min

Module 1How Markets Actually Work

1. Order BooksHow Prices Are Actually Formed
   20 min
2. Liquidity & Market MakersWhy Spreads Exist and How They Move
   22 min
3. Why Prices MoveInformation, Flow, Liquidity & Hedging Mechanics
   22 min
4. Auctions, Open & CloseThe Most Important Moments of Every Trading Day
   20 min
5. Spreads, Slippage & ExecutionThe Hidden Costs Most Traders Pay
   22 min

Module 2Support, Resistance & Why They Work

1. Support & ResistanceThe Real Mechanism Behind the Lines
   22 min
2. Volume ProfileWhere Price Spent Time and Why It Matters
   22 min
3. Round Numbers & Psychological LevelsThe Anchors That Move Markets
   20 min
4. Breakouts & BreakdownsTelling Real From Fake
   22 min

Module 3Trend Mechanics

1. Trend MechanicsWhat Actually Creates Trends and What Kills Them
   22 min
2. Momentum vs Mean ReversionTwo Truths and When Each Wins
   22 min
3. Pullbacks vs ReversalsHolding Through the Right Wiggles
   22 min
4. Regime DetectionReading Trend, Range & Volatility Cycles
   22 min

Module 4Indicators: How They Work and Where They Fail

1. Moving AveragesHow They Actually Work and Where They Fail
   22 min
2. RSIHow It Actually Works and Why It Fails in Trends
   22 min
3. MACDConstruction, Use, and the Crossover Trap
   22 min
4. Bollinger BandsVolatility Envelopes, Squeezes & Band Walking
   22 min
5. ATRThe Volatility Tool That Should Drive Your Position Sizing
   22 min
6. Why Indicators FailLag, Curve-Fitting, Regime Mismatch & Tail Events
   22 min

Module 5Volume & Order Flow

1. Volume ConfirmationReading Conviction Behind Price Moves
   22 min
2. VWAPThe Most-Watched Intraday Benchmark
   22 min
3. Institutional FootprintsReading Accumulation, Distribution & Block Activity
   22 min
4. Order Flow ReadingTape, Book, and Aggressor Imbalance
   22 min

Module 6Market Regimes & Adaptive Trading

1. Trending vs ChoppyDiagnosing Regime in Real Time
   22 min
2. Volatility RegimesThe Hidden Context That Determines Strategy
   22 min
3. Why Backtests LieSurvivorship, Lookahead & Optimization Bias
   22 min
4. System AdaptationEvolving With Non-Stationary Markets
   22 min
5. When to Stop TradingThe Most Underrated Skill in Markets
   22 min

Module 1Options, Demystified

1. What Is an Option, Really?
   20 min
2. Calls and Puts: The Two Building Blocks
   22 min
3. Moneyness, Strikes & Expiration
   18 min
4. Intrinsic vs Extrinsic Value
   19 min
5. How Options Are Priced (Without the Scary Math)
   24 min

Module 2The Greeks, Intuitively

1. Meet the Greeks: Your Risk Dashboard
   18 min
2. Delta: Direction & Probability
   22 min
3. Gamma: How Fast Your Risk Changes
   20 min
4. Theta: The Cost of Time
   21 min
5. Vega: Living With Volatility
   22 min
6. Rho & the Second-Order Greeks
   16 min

Module 3Single-Leg Strategies

1. The Long Call: Leverage With a Floor
   20 min
2. The Long Put: Insurance & Bets Lower
   19 min
3. The Covered Call: Renting Out Your Shares
   23 min
4. The Cash-Secured Put: Getting Paid to Wait
   22 min
5. The Wheel: Stringing It Together
   20 min

Module 4Spreads & Defined Risk

1. Why Spreads Exist: Capping Both Sides
   18 min
2. Vertical Debit Spreads
   22 min
3. Vertical Credit Spreads
   22 min
4. Calendar & Diagonal Spreads
   21 min

Module 5Volatility & Multi-Leg

1. Implied Volatility & the IV Rank
   23 min
2. Straddles & Strangles
   21 min
3. The Iron Condor
   24 min
4. Butterflies & Pinning
   20 min

Module 6Risk, Assignment & Execution

1. Assignment, Exercise & Pin Risk
   20 min
2. Position Sizing for Options
   22 min
3. Managing Winners & Losers
   21 min
4. The Mistakes That Blow Up Accounts
   19 min

Module 1Income Investing Foundations

1. The Income Mindset: Cash Flow vs Capital Gains
   22 min
2. The Yield Trap: Why High Yield Is Often a Warning
   20 min
3. The Math of Compounding Income
   18 min
4. Income vs Total Return: The Honest Tradeoff
   16 min
5. Tax Treatment: Qualified, ROC, K-1s, and Why It Matters
   20 min

Module 2Dividend Investing Done Right

1. Anatomy of a Dividend: Declaration, Ex-Date, Record, Payment
   14 min
2. Reading the Dividend Statement: Payout, Coverage, FCF
   20 min
3. Dividend Aristocrats and Kings: The Pattern That Filters Survivors
   16 min
4. Building a Dividend Portfolio: Sectors, Yields, Concentration
   20 min
5. DRIPs and Reinvestment: When to Compound, When to Take Cash
   14 min
6. Real Disasters: GE, Kraft Heinz, ATTWhen the Aristocrats Fall
   20 min

Module 3REITs, MLPs, BDCs, and Closed-End Funds

1. REITs: How They Work, Why the 90% Rule Matters
   20 min
2. MLPs: K-1 Headache, UBTI, and IRA Issues
   16 min
3. BDCs: High Yield, Real RiskReading the NAV
   16 min
4. CEFs and the Discount/Premium Math
   18 min

Module 4Covered Calls

1. Covered Calls: The Mechanics of What You Are Selling
   20 min
2. Strike Selection, Delta, and the ATM/OTM Tradeoff
   18 min
3. Expiration Cycles: Theta and the 30-45 DTE Sweet Spot
   14 min
4. The Four Outcomes: Full P/L Math
   16 min
5. When NOT to Sell Covered Calls
   14 min

Module 5Cash-Secured Puts and the Wheel

1. Cash-Secured Puts: Selling Insurance for Premium
   20 min
2. CSP Strike Selection: Capital Math and Buying Power
   14 min
3. Assignment Mechanics: What Really Happens at Expiration
   14 min
4. The Wheel: When It Works, When It Becomes a Slow Trap
   20 min
5. Real Disaster: Selling Puts on Banks in March 2023
   14 min

Module 6Credit Spreads

1. Bull Put Spreads: Bullish Income with Capped Loss
   20 min
2. Bear Call Spreads: Bearish Income with Capped Loss
   14 min
3. Iron Condors: Selling Both Sides, Profiting from Stillness
   20 min
4. Iron Butterflies vs Iron Condors: When Each Is Better
   14 min
5. Hidden Killers: Pin Risk, Early Assignment, Gap Risk
   14 min

Module 7Risk Architecture for Income Traders

1. Position Sizing for Options Income: The 1-3-5 Rule
   18 min
2. Portfolio-Level Risk: Correlation and Beta-Weighted Delta
   14 min
3. Black Swan Defense: Tail Hedges and Honest Cost
   16 min
4. The Emotional Trap: Why Easy Income Strategies Blow Up
   14 min
5. Building Your Income Operating System: A Personal Playbook
   20 min