The Stocks and Forex courses, section by section

What do the Stocks and Forex courses teach, and which parts can you open today? After this page, you can say what each course covers, where it starts, and what you already finished if you came from Crypto. It shows the courses as of 5 November 2026; the course map (Map, on the bar at the top of your road) always shows the current state.

How are the two courses built?

Each course is a road: one path of sections in a fixed order, from beginner to advanced. Each section holds units, most often 24, and each unit holds 8, 10 or 12 levels, the short lessons you play. How lessons work: the road, energy and paper cash explains the road in full.

Stocks has 32 sections and Forex 20. Forex is short for foreign exchange: trading one currency for another, such as euros for US dollars. At sign up, the app sums up Stocks as "Shares, funds, market hours and charts" and Forex as "Currency pairs, quotes, orders and global news".

Twelve sections are shared with the Crypto course, all written in full. In plain words, they run from the basics (money, prices, charts, orders and risk) to advanced research (order flow and statistics):

Money, prices and markets
Read prices and build candlesticks
Orders, fills, fees and slippage
Risk, mindset and a repeatable routine
Evidence, economics and the news clock
Macro regimes, catalysts and event replay
Price structure and conditional scenarios
Indicators and honest measurement
Trade data, profiles and footprint foundations
Order flow, liquidity and competing explanations
Statistics, testing and advanced model limits
Independent practice, review and readiness

A shared section holds the same lessons in every course, so a level you finish counts in all of them, and in each one's percent done. On a phone, its page on the course map says Counts in all courses. The Crypto course, section by section shows where they sit on that road.

Each course still opens its own sections in order. Say you finished Money, prices and markets in Crypto. In Stocks that section is already done, yet you still start with Your first steps in stocks, section 1. Finish it, and your next level skips section 2, the shared one, and lands in section 3, Shares, shareholder rights and corporate actions.

A section still being written shows In the works on the course map, with its units planned. Open it and it says: "This section is still being written. It opens on your road when it is ready." A unit still being written shows In the works too.

A section In the works never blocks you. The section after it opens as if it were done, and the UP NEXT card at the end of a section skips to the next one with lessons ready.

Easy to mix up: a locked section and one In the works. A locked section opens once you finish the sections before it, or pass its test on the course map. A section In the works is still being written, so no test opens it.

Stocks: what you can open today

17 of the 32 Stocks sections have lessons today: the twelve shared ones and five of its own.

Each section below names its first lesson. The first lesson of each course opens for anyone; the others open as your road reaches them.

Cartoon teachers lead the sections. Hazel, the business beaver, teaches the first sections and the business, share, fund and company ones. Luma, the chart moth, leads the chart, order, risk and testing sections. Rook, the contract fox, leads borrowing, futures, indices and options.

Your first steps in stocks. A business, its customers and its owners, what one share (a unit of ownership in a company) is and is not, and why revenue (money from sales, before costs) is not profit. It starts with Meet a bike shop.
Shares, shareholder rights and corporate actions. Share classes and votes, stock splits (one share becoming several), dividends (payouts a company makes to its owners), buybacks (a company buying back its own shares), going public and mergers. It starts with A share needs its class.
Stock market access, sessions and account rules. Brokers, the firms that handle your orders, and exchanges, the markets where orders meet. Then market hours, trading before the open and after the close, halts (pauses in trading), and cash accounts versus margin accounts (a margin account lets you borrow). It starts with Follow the cash: who gets the money when shares are sold.
Funds and diversified stock exposure, its first units. A fund is a basket of many companies' shares that you buy as one. ETFs are funds traded on an exchange like a stock; mutual funds sell and buy back their own shares. It starts with One ticker, many companies.
Indices, cross-market exposure and hedges, its first units. An index is a number worked out from a group of stocks, not something you can buy. These units cover what one measures, the Nasdaq exchange versus the Nasdaq index, and the Nasdaq 100, S&P 500, Dow and Russell. It starts with The rule book behind a number.

On the road, Indices, section 20, comes straight after section 15, since the four sections between are in the works.

Stocks: what is still in the works

Fifteen Stocks sections show In the works, as do the units of Funds and of Indices still being written. The course map groups them into regions:

Company research: reading financial statements, valuing a company and following its news.
Charts and portfolio: building a portfolio, and trading with borrowed money or shares.
Futures and indices: futures contracts and commodities.
Active trading: practice within one day and across several sessions. This whole region shows In the works.
Options: what options give and owe, how they are priced and how they combine.
Pro desk: order flow, testing stock ideas with evidence, and building your own stock process.

When you finish every ready level, the course map says: "Every ready section is done. More are in the works."

Forex: what you can open today

15 of the 20 Forex sections have lessons today: the twelve shared ones and three of its own.

Tavi, the currency tern, teaches Forex. Pax, the economics capybara, and Nori, the macro lynx, lead the evidence and macro (whole economy) sections in both courses.

Currencies, products and providers. Exchanging one currency for another, and the currency pair: two currencies named together with one price. Say EUR/USD reads 1.10: one euro, the base currency, costs 1.10 US dollars, the quote currency. Then a first pair chart, majors, minors and exotics (the most traded pairs down to rare ones), kinds of currency contract, and your counterparty, the other side of your deal. It starts with Two currencies, one exchange.
Quotes, orders and the account ledger. The spread, the gap between the higher price you buy at and the lower one you sell at, and pips, the small steps a rate moves in. Then lot sizes (standard trade sizes), pip value and trading hours across Tokyo, London and New York. It also covers margin, the cash set aside to hold a trade, and the forced close when it runs short. It starts with A quote names two rates.
Risk, financing and first paper practice, its first unit: Set a loss budget in account currency. A loss budget is the most one trade may lose. In A loss chosen in advance, a rule of 1% per trade gives a 210.00 USD budget on a 21,000.00 USD account, set before you look at any trade. If a trade could lose more than that, you make it smaller or skip it; the budget never grows.

Forex: what is still in the works

Five Forex sections show In the works, as does the rest of Risk, financing and first paper practice.

Two economies and economic events: comparing both sides of a pair and reading economic news against expectations.
Apply chart methods with a testable plan: chart skills for currencies, with every trading rule treated as an idea to test.
Currency hedging, forwards and listed contracts: what these contracts give and owe, studied without ever trading them live.
Execution evidence and research testing: checking quotes, costs and missing data before testing an idea.
Your independent process and due diligence: judging services that sell trade tips, and defending your own paper process.