Learn

Start here if a term you're reading makes no sense.

• Investopedia · Financial Dictionary reference · intro
  Plain-English definitions of every term on a Bloomberg screen.
• Khan Academy · Stocks & bonds course · intro
  Free video course — what a share is, how IPOs work, why bonds matter.
• CME Group · Education hub course · core
  Futures, options and how the world's biggest derivatives exchange operates.
• SEC · Investor.gov official 30 min · intro
  US regulator's intro to investing — no marketing spin.

Why one good trade doesn't make you right and one bad trade doesn't make you wrong.

• Seeing Theory (Brown Univ.) 1 hr · intro
  Visual, interactive intro to probability and statistics.
• Better Explained · Bayes' Theorem 10 min · intro
  Updating beliefs in light of new evidence — the foundation of every model.
• 3Blue1Brown · Probability series multi-hr · core
  Beautifully animated explainers. Start with the binomial distribution video.
• Kelly criterion (Wikipedia) 10 min · core
  How much to bet given an edge — the math behind position sizing.

Survival first, returns second.

• Van Tharp · R-multiples 30 min · core
  Frame every trade as a multiple of risk; lets you compare apples to apples.
• Ed Seykota's trading tribe FAQ 1 hr · core
  Wisdom from a market wizard — short, punchy, profound.
• Macrosynergy · Hedge ratio basics 30 min · advanced
  Quant explainers on hedging, beta-neutral, factor exposure.

Where the tide comes from. Read a Fed primer once and the news stops being noise.

• Federal Reserve · Education official 30 min · intro
  How the Fed actually sets policy, with primary documents.
• ECB · Explainers official 30 min · intro
  Same for the eurozone — short, well-written.
• FRED · St. Louis Fed data reference · core
  Every US macro time series, free, downloadable. The reference.
• Lyn Alden · Macro essays 30 min · core
  Long-form, accessible writing on monetary system mechanics.
• BIS · Quarterly Review 1 hr · advanced
  Central-bankers' research — surprisingly readable.

TA isn't magic — it's a vocabulary for talking about prices.

• StockCharts · ChartSchool reference · core
  Free reference for every indicator, pattern, and candlestick.
• Tom DeMark · Indicators (interview) 30 min · advanced
  Sequential indicator + Combo, used by serious systematic shops.
• John Bollinger · Bands explained 10 min · core
  From the man who invented them — what they're actually for.

How orders actually become prices.

• Larry Harris · Trading & Exchanges (book) book · advanced
  The definitive textbook on how exchanges and order books work.
• QuantStart · Algo trading articles multi-hr · advanced
  Backtesting, mean reversion, momentum — accessible code-led essays.
• Hudson River Trading · Public papers 30 min · advanced
  Top HFT shop shares occasional pieces on signal decay, latency, structure.
• Marcos Lopez de Prado · Talks 1 hr · advanced
  Ex-AQR / Cornell — modern quant methods for finance (ML, signal extraction).

Useful primers if you trade or research the space.

• Glassnode · Academy multi-hr · core
  On-chain metrics explained — MVRV, SOPR, realized cap, etc.
• Coin Metrics · State of the Network 30 min · core
  Weekly data-driven research letter.
• Vitalik Buterin · Blog 1 hr · advanced
  Long-form essays on Ethereum design, scaling, governance.
• DeFi Llama · Methodology 10 min · core
  How TVL and yield numbers are actually computed.

The shortlist.

• Reminiscences of a Stock Operator · Lefèvre book · intro
  1923 classic. Every market lesson, dressed as a Jesse Livermore biography.
• Market Wizards · Schwager book · intro
  Interviews with the best traders. Pattern: discipline, edge, sizing.
• Thinking in Bets · Annie Duke book · core
  Decision-making under uncertainty, from a former poker pro.
• The Bond Book · Thau book · core
  Plain-language reference on every bond product.
• Trading & Exchanges · Larry Harris book · advanced
  (see Quant section) — also the best book on how markets actually work.

Signal, not noise.

• The Daily Shot (WSJ) 5 min · core
  Macro chart digest, daily. Free and paid tiers.
• Matt Levine · Money Stuff (Bloomberg) 10 min · intro
  Daily column on Wall Street weirdness. Funny and educational.
• Bespoke Investment Group 10 min · core
  Equity-market data and analysis with a strong signal/noise ratio.
• Marc Rubinstein · Net Interest 30 min · core
  Weekly essay on financial companies and the plumbing of finance.
• Calculated Risk · Bill McBride 10 min · core
  Patient, data-driven US macro / housing commentary since 2005.

Open-source eyes on the world. The same tools journalists and analysts use to verify what's actually happening.

• Bellingcat reference · core
  Investigative techniques + case studies on conflict, corruption, crime.
• Bellingcat · Online Investigation Toolkit reference · core
  Massive shared spreadsheet of OSINT tools by category.
• ACLED · armed conflict data reference · advanced
  Event-level data on political violence and protest activity worldwide.
• GDELT Project multi-hr · advanced
  Global event + sentiment graph from worldwide news. Huge dataset, free.
• Aviation Safety Network reference · intro
  Accident + incident database — useful for verifying breaking aviation news.
• MarineTraffic (free tier) reference · intro
  Live AIS positions of ships. Spot chokepoint congestion, suspicious behavior.
• ADS-B Exchange reference · core
  Unfiltered flight tracking — including state aircraft most platforms hide.
• NetBlocks reference · core
  Internet shutdown observatory. Early signal for political crises.
• NASA FIRMS · active fire data reference · core
  Near-real-time global fire detections from MODIS + VIIRS satellites.
• Sentinel Hub · EO Browser reference · advanced
  Free Sentinel-2 satellite imagery viewer. Look at anywhere on Earth, any week.