Fair practices code
Regulation & taxThe regulator's directions to lenders on dealings with borrowers, covering disclosure, collection conduct, permitted hours of contact and grievance redress.
In plain terms
It binds the lender, not the collector at your door — which is exactly why it is useful. Every breach by an agent is a breach by the entity that sent them.
Read the full lesson →Sustainable practice
Risk & psychologyA level of involvement in investing that can be maintained indefinitely alongside the rest of your life.
In plain terms
Stopping is a spectrum rather than a switch — shrink the satellite, lengthen the timeframe, automate the core, take a defined break. Scaling to what you enjoy is a different decision from quitting.
Read the full lesson →Badla
Market basicsThe pre-2001 practice of carrying a position forward into the next settlement period for a charge, instead of settling it.
In plain terms
Leverage available to anyone with a broker and no formal margin behind it. Ending it, and moving to rolling settlement, is why positions now settle on a fixed short cycle.
Read the full lesson →De facto control
AccountingControl of a company through a holding of less than half the voting rights, where the rest of the register is dispersed or inactive enough that the holder decides the resolutions in practice.
In plain terms
Why a group can consolidate an entity it owns 45% of. Control under Ind AS 110 is power, exposure to variable returns and the ability to use the power — a question of fact rather than a threshold.
Read the full lesson →Multi-timeframe analysis
Technical analysisThe practice of using three charts — higher, trading and lower timeframe — with one distinct job assigned to each.
In plain terms
Direction, then signal and stop, then entry price. Keep them roughly 4–6× apart, and remember that the timeframe you entered on owns the exit.
Read the full lesson →Risk profiling
Risk & psychologyAlso called: Risk profiling questionnaire, Investor risk profile
The practice of assessing an investor through a short questionnaire and converting the answers into a category and a suggested allocation.
In plain terms
It measures willingness, because willingness is the only one of the three relevant quantities that can be established by asking. It has no date in it, sees one account, and is answered by a calm person about a state they are not in.
Read the full lesson →Spoofing
Trading & ordersA manipulative practice of placing a large visible order with no intention of it being filled, in order to influence others, then cancelling it as price approaches.
In plain terms
The reason visible depth is not evidence of demand. Resting orders are intentions rather than commitments, and they can vanish in microseconds.
Read the full lesson →Import alert
Regulation & taxA US FDA measure letting border officials detain a factory’s products without examining them.
In plain terms
In practice, that plant stops exporting to the US until the FDA is satisfied — often for years.
Read the full lesson →Kelly criterion
Risk & psychologyA formula for the position size that maximises long-run growth given a known edge.
In plain terms
Mathematically correct and far too aggressive in practice, because you never know your edge that precisely.
Read the full lesson →