Risk & Earnings Disclaimer
Key disclosures for Common Cents educational content, tools, and backtests.
Quick Summary
- High risk: trading can result in loss of capital, sometimes exceeding the initial amount.
- No guarantees: past results and backtests are not indicative of future performance.
- Education only: nothing here is financial, investment, tax, or legal advice.
- Hypotheticals: simulated results have limitations (no slippage, psychology, etc.).
Market Risk
Trading involves substantial risk and is not suitable for every investor. Price can move rapidly and unpredictably due to news, liquidity, volatility regimes, or gaps. You can lose more than your initial investment.
No Guarantees
Past performance is not indicative of future results. Backtests, leaderboards, examples, or screenshots are illustrative only and do not guarantee outcomes.
Education Only
All information is for educational and informational purposes only and should not be considered financial, investment, tax, accounting, or legal advice. We do not make recommendations to buy, sell, or hold any security or instrument.
Simulated & Hypothetical Results
Simulations and hypothetical performance have inherent limitations. Unlike an actual performance record, they do not reflect real trading. Results may under- or over-compensate for the impact of market factors such as liquidity, slippage, fees, borrow availability, order routing, latency, psychological effects, and partial fills.
- Execution assumptions: fills, spreads, and routing vary by venue and account.
- Data quality: vendor outages, API limits, and corporate actions can affect calculations.
- User behavior: discretionary choices (exits, sizing, halts) materially change results.
Testimonials & Examples
Any testimonials, case studies, or examples reflect individual experiences that are not typical. They do not guarantee that you will achieve similar results.
Responsibility
You are solely responsible for your decisions and risk management. Consider consulting a qualified professional before making financial decisions. Use risk controls such as defined stops, position sizing, and diversification as appropriate for your circumstances.
Third-Party Data & Latency
Tools may rely on third-party data providers and APIs. Quotes can be delayed, truncated, or unavailable. Indicators and alerts may be affected by latency, throttling, maintenance windows, and vendor changes beyond our control.
Instruments & Leverage
Derivatives, short selling, margin, and leveraged products involve heightened risk, including the potential for rapid losses, margin calls, and amplified volatility. Crypto assets can be highly volatile and may face unique technology and regulatory risks.
Updates
We may update this Disclaimer from time to time; the effective date appears at the top. Your continued use of the Services after updates constitutes acceptance.
Related Policies
By using Common Cents tools and content, you acknowledge these risks and agree to our Terms of Use and Privacy Policy.