Fundamental Investing

Learn and apply fundamental analysis to invest like a hedge fund manager

Led by Lex van Dam and James Helliwell View Instructor Bio See what other students are saying

Course Description

This course is for investors looking for a strategic, checklist approach to evaluate securities

  • Apply a rigorous checklist approach to evaluate securities in any asset class
  • Learn how to examine securities in domestic and international markets alike
  • Explore currency and commodity markets
  • Analyze and interpret fundamental data, economic data and sentiment indicators
  • Make well-informed trading decisions with awareness and confidence
  • Certificate of Completion

    Receive an Investopedia Academy Certificate of Completion when you finish this course

  • Financial Assistance

    Students, individuals in emerging international markets, and U.S. military may be eligible for reduced pricing. Email AcademySupport@investopedia.com.

Course Curriculum

Welcome!
  • Goal Setting
Preface
  • Welcome
  • The Checklist
  • Checklist Demo
  • The Scorecard
Market Indicators
  • Market Indicators Checklist
  • Introduction
  • The Checklist Explanation
  • Introduction to Monthly Indicators 
  • Markit/BME Germany Manufacturing PMI
  • Markit/ADACI Italy Manufacturing PMI SA
  • Monthly Indicators Scorecard 
  • Overview and CRB Raw Industrials Index
  • Baltic Dry Index 
  • Short-term Indicators Scorecard
  • Sentiment Indicators Overview
  • S&P COT Oscillator
  • Speculation Index
  • Sentiment Indicators Scorecard
  • Leading Indicators Overview
  • Semiconductor Index 
  • S&P Financials 
  • Leading Indicators Scorecard Review
  • Conclusion And Examples
Currency Analysis
  • US Dollar Checklist
  • Introduction to Currency Analysis
  • US Dollar Overview
  • Debt As % of GDP
  • Budget Balance
  • US Dollar: Country Analysis Scorecard
  • Economic Surprise
  • Real Interest Rate
  • Futures Positioning
  • Technical Analysis
  • Conclusion
  • Example 1
  • Example 2
  • British Pound: Country Analysis
  • Euro: Country Analysis Scorecard 
Commodity Analysis
  • Crude Oil Checklist
  • Gold Checklist
  • Introduction to Commodity Analysis
  • Gold Overview
  • Liquidity
  • Real Interest Rates
  • ETF Flows
  • Futures Positioning
  • Options Positioning 
  • Short Interest
  • Seasonality
  • Conclusion
  • Examples
  • Crude Oil Overview
  • Economic Activity
  • EIA Inventories
  • Productio Futures Positioning
  • US Dollar Conclusion
  • Examples 
Equity Market
  • Equity Market Checklist
  • US Equities Introduction 
  • US Equities Overview 
  • Bond Yield Ratio
  • Economic Activity
  • Earnings Estimates
  • Valuation
  • Leading Indicators
  • Sentiment Indicators
  • Technical Analysis
  • Final Score
  • Example 1
  • Example 2
Company Analysis
  • Company Analysis Checklist
  • Introduction
  • The Five Factors 
  • Stock Review
  • Management
  • Product
  • Financial Health
  • Valuation and Geoexposure
  • Final Score and Analysis
  • Non-Apple Example
Risk Management
  • Risk Management Checklist
  • Risk Management Introduction
  • Overview
  • Trade Diary
  • Stop Loss
  • Profit Targets
  • Position Sizing: Power of Compounding 
  • Position Sizing: The Formula Approach
  • Adjust Positions
  • Portfolio Risk
  • Conclusion
  • Stock Loss Examples: Price-Based
  • Stop Loss Examples: Indicator Based
  • Stop Loss Examples: Volatility Based
  • Stop Loss Examples: Trailing Stop 
Trading Psychology
  • Trading Psychology Checklist
  • Seven Common Mistakes: Introduction
  • Trading Psychology
Conclusion
  • Wrap-Up

About the Instructor

Lex van Dam

Lex van Dam

Lex van Dam is one of the UK’s most respected hedge fund managers, the author of How to Make Money Trading, a key opinion leader frequently quoted on CNN, Reuters, FT, and Bloomberg, and creator of the BBC TV Series Million Dollar Traders.

He began his career trading stocks for Goldman Sachs, moved to GLG when it was Europe’s largest hedge fund, and is currently with Hampstead Capital LLP. In 2009, he branched out with Million Dollar Traders, a reality show in which he trained novices to outperform professional traders, and in November 2010, he launched The Lex van Dam Trading Academy.

James Helliwell

James Helliwell

James Helliwell is Chief Investment Strategist and Director of the Lex van Dam Trading Academy, founded by hedge fund manager and BBC TV’s Million Dollar Traders creator Lex van Dam. Having started his career as a portfolio analyst before later working in derivatives trading, James has lectured at world-renowned institutions, including the London School of Economics, and been featured in major news outlets including the Financial Times, Reuters, and Bloomberg.