Stocks and bonds from first principles: you can own a slice of a business, or be owed by one. Everything else is detail on top of that.
Each lesson: a tiny story, a prediction you commit to, a machine you can grab and move, the same idea on real US market numbers, three checks, and you teaching it back. Cards from every lesson come back later in Practice — that's how it sticks.
Dependency-ordered: each act unlocks the ideas the next one needs. ETFs come early; derivatives come much later, on purpose.
The machines, free to play with — plus two real-data teaching cards. No lessons, no scores, just grabbing the ideas.
Cards from lessons you've finished, coming back on a spacing schedule (0, 1, 3, 7, 14, 30 days). Honest grading beats kind grading.
Play money, real thinking. US$ throughout.
Your first position is a guided moment in Act 3 — ETFs — after you've met baskets. No buying before then, on purpose: a position without a thesis is just a guess with a receipt.
Journal entries: none yet. When you do buy (on paper), you'll write a one-line thesis here first — and the app will ask you later whether it's still true.