S&P 5007,744+0.33% Nasdaq26,713+0.08% Dow Jones52,178+1.08% Bitcoin$82,300+0.90% Gold$4,192+2.04% EUR/USD1.1208 US 10Y5.09%−0.10% VIX16.46 As of Oct 15, 04:40 PM ET
Daily goalChange goal
A free stock market school

Understand the market. A few minutes a day.

Short lessons, instant practice, timely review. 48 lessons take you step by step from your first share to option Greeks and Monte Carlo – with a daily goal, streaks and badges. No sign-up, no ads.

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48 lessons 557 exercises 233 terms 100% free
How it works

Four steps that make knowledge stick

  1. 1

    Read in small steps

    Every lesson is split into short sections. One section, one idea – with diagrams and calculators to try.

  2. 2

    Practise right away

    Then 10–14 short exercises: multiple choice, true/false, gaps, calculations, matching. With an explanation for every answer.

  3. 3

    Review on time

    What you learned comes back after 1, 3, 7 and 16 days – exactly when you would otherwise forget it.

  4. 4

    Keep it up

    A daily goal, streaks and badges turn good intentions into a habit. Five minutes a day is enough.

Learning path

8 modules – from first steps to expert knowledge

Each lesson builds on the previous one. If you already know a topic, skip the module with its module test. Your progress is stored only in your browser.

All modules
Module 1

Stock Market Basics

What actually happens on an exchange – from the first trading floor to your first order.

 Beginner 6 lessons · 37 min
Module 2

Asset Classes

Stocks are only the beginning. Bonds, ETFs, commodities, currencies, crypto and real estate – what they are and how they behave.

 Beginner 6 lessons · 27 min
Module 3

Return & Risk

How to measure returns properly, why risk is more than volatility, and how diversification, costs and time shape your outcome.

 Intermediate 6 lessons · 25 min
Module 4

Analysing Companies

Balance sheet, income statement, cash flow, ratios and valuation – how to read a company like a professional.

 Intermediate 6 lessons · 26 min
Module 5

Markets & Macro

Central banks, interest rates, economic data, the yield curve, bubbles and sentiment – the big forces behind prices.

 Intermediate 6 lessons · 24 min
Module 6

Charts, Derivatives & Leverage

Technical analysis, short selling, leveraged products, options and futures – powerful tools you must understand before touching them.

 Advanced 6 lessons · 24 min
Module 7

Professional Insights

Market microstructure, efficient markets, portfolio theory, behavioural finance and risk management – the toolkit of institutional investors.

 Advanced 6 lessons · 24 min
Module 8

Expert Knowledge

Option Greeks and Black-Scholes, duration and convexity, financial statement analysis, performance measurement and Monte Carlo withdrawal plans – the maths behind professional tools, step by step.

 Expert 6 lessons · 38 min
Term of the day

Cyclical stocks

Shares of companies whose profits swing strongly with the economy – as opposed to defensive stocks.

Read the full explanation
Daily quiz

Six questions, new every day

A mix from every module – the same questions for everyone. How many can you get?

Markets now

Happening in the markets

All news
Why this school?

Knowledge, not advertising

Completely free

No paywall, no subscription, no sign-up. Every lesson, calculator and glossary entry is open to everyone.

No ads, no tracking

We sell nothing and recommend no products. This site loads no trackers. An account is optional – without logging in there are no cookies.

Honest about risk

We explain how markets work – including the limits of forecasts, chart patterns and leverage.