Reading the market without panicking
Cycles, drawdowns and sentiment — and why a headline is rarely a signal.
- Who it is for
- For someone who has already lived through one red month.
- What you will understand
- You will understand what sentiment indicators measure and how drawdowns look in historical perspective.
You tick a step yourself when you are ready — nothing is tracked automatically.
- Step 1 of 8Article9 min
The psychology of investing
Why this step: The most expensive decisions are made emotionally, not analytically.
You will understand: Which biases show up at exactly the worst moment.
- Step 2 of 8Term3 min
Loss aversion
Why this step: One term explains why a drop hurts out of all proportion.
You will understand: Why a loss and an equally sized gain do not weigh the same.
- Step 3 of 8Article7 min
The fear and greed index
Why this step: The indicator is a thermometer of sentiment, not a recommendation.
You will understand: What it is built from and what it explicitly does not say.
- Step 4 of 8Tool8 min
Look at the market pulse
Why this step: See the indicators together in one place instead of separately in headlines.
You will understand: How to read several measures at the same time.
- Step 5 of 8Article9 min
Crashes through history
Why this step: Context from 1929, 2000 and 2008 takes the drama out of today.
You will understand: How deep and how long the big drawdowns were.
- Step 6 of 8Tool8 min
The recession map
Why this step: A recession looks different when you see it on a map and across decades.
You will understand: Which economies move in sync and which do not.
- Step 7 of 8Article7 min
Market seasonality
Why this step: Calendar rules are a good test of your scepticism.
You will understand: Which seasonal effects survive scrutiny and which do not.
- Step 8 of 8Simulator5 min
Your risk profile
Why this step: Risk tolerance is best checked before a drawdown, not during one.
You will understand: How your answers translate into an illustrative allocation across asset classes.
15 points per step, 50 for finishing a path. Progress is kept in this browser only — no account, no server. One click in the progress panel clears it.
The paths are educational. Nothing in them is investment advice, a recommendation for any specific product, or an invitation to transact.