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Reading the market without panicking

Cycles, drawdowns and sentiment — and why a headline is rarely a signal.

Intermediate8 steps56 min0 of 8
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.

  1. 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.

    Open
  2. 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.

    Open
  3. 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.

    Open
  4. 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.

    Open
  5. 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.

    Open
  6. 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.

    Open
  7. 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.

    Open
  8. 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.

    Open

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The paths are educational. Nothing in them is investment advice, a recommendation for any specific product, or an invitation to transact.