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First steps for an investor

Where to start: how an exchange works, what a lot and an order book are, how to measure return honestly, and why diversification is not thirty stocks from one market.

6 steps · about 60 min · free

  1. 1Lot sizeThe smallest tradable unit.Glossary term
  2. 2Order bookWhat the market looks like from the inside.Glossary term
  3. 3SpreadThe price of immediacy.Glossary term
  4. 4Demo accounts and portfolios: why returns should be calculated honestlyHow to measure return without flattering yourself.Article · 6 min
  5. 5Diversification: What It Does and What It Does Not DoAnd what it does not give you.Article · 5 min
  6. 6How to build a watchlist and set up alertsThe first tool that actually earns its place.Article