Browse every published lesson by the question it answers, across all five streams.
Questions
Bid-offer spread explained: why a new investment can start at a loss
The bid-offer spread is the gap between the price available to a seller and the price charged to a buyer. Here is how to turn it into pounds. Plain answer
Cash ISA vs Stocks and Shares ISA: what is the difference?
Compare Cash ISAs and Stocks and Shares ISAs by what they hold, how you access your money and which risks and protections apply. Plain answer
Crypto exchange or wallet: which risks are you choosing?
Exchange custody and self-custody move responsibility to different places. Compare the failures each choice must prevent and survive. Plain answer
Does swapping one cryptoasset for another trigger UK tax?
HMRC generally treats a crypto-to-crypto swap as a disposal even when no pounds are received. Own-wallet transfers are usually different. Plain answer
ETF vs index fund: what is the difference?
An ETF can also be an index fund. Learn what each label tells you, and how dealing, spreads and costs change the choice. Plain answer
Free float explained: how many shares can really trade?
Free float estimates shares available to public investors, but it is not the same as issued shares, market capitalisation or live market liquidity. Plain answer
How can a profitable small company run short of cash?
A profit figure is not a bank balance. Follow receivables, inventory, equipment and financing through a simple cash bridge. Plain answer
How can a trader limit the damage from being wrong?
Losing trades cannot be eliminated, only contained. The useful work happens before entry: define failure, size the position and understand the exit. Plain answer
How do you calculate a trade’s true profit after all costs?
Rebuild a trade from actual fills and charges to see the cash profit and return, without counting spreads twice. Plain answer
How do you read an RNS announcement beyond the headline?
Work through a fictional company announcement to separate contract ceilings, conditions, adjusted profit, cash and management expectations. Plain answer
How does a stablecoin keep its peg, and what can break it?
Understand how reserves, redemption and market trading support a stablecoin’s peg, and why a dollar target does not guarantee your exit or sterling value. Plain answer
How does leverage magnify trading gains and losses?
See how the same market move produces different gains and losses when exposure exceeds your starting capital, and why margin is not a loss limit. Plain answer