Disclaimer & Risk Disclosure
1. Educational purposes only
All content on this site — every page, article, definition, table, example, chart and link (together, the “Information”) — is provided strictly for general educational and informational purposes.
Nothing on this site is, or should ever be interpreted as:
- Financial advice
- Investment advice or an investment recommendation
- Legal or tax advice
- Retirement or estate planning advice
- A solicitation, offer, or recommendation to buy, sell, or hold any security, asset, derivative, or financial product
- An assurance that any strategy, instrument, or approach is suitable for you
The Information is general in nature. It is not tailored to you, your financial situation, your risk tolerance, your tax position, or your objectives, and it does not take any of those into account.
2. We are not licensed or registered
The Trading Circle is not registered with the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, the National Futures Association, the Financial Industry Regulatory Authority, or any state securities regulator as an investment adviser, commodity trading advisor, commodity pool operator, broker-dealer, or futures commission merchant.
No owner, administrator, moderator, contributor, analyst, or automated system associated with The Trading Circle is a licensed financial adviser, registered representative, accountant, attorney, or tax professional acting in that capacity toward you.
No advisory, fiduciary, or professional relationship of any kind is created by your use of this site, by reading our content, or by participating in our community.
3. Risk of loss
Trading and investing carry substantial risk. You should be aware that:
- You can lose money, including your entire investment.
- With leveraged products — futures, options, margin accounts, and leveraged crypto — your losses can exceed the amount you deposited. Leverage is built into some instruments and is not something you opt into.
- Peer-reviewed research on brokerage data consistently finds that roughly 70–80% of active retail traders are net losers over multi-year periods. See Barber & Odean, Trading Is Hazardous to Your Wealth (Journal of Finance, 2000), and the research linked on our Resources page.
- Past performance does not guarantee or indicate future results, under any circumstances.
- Transaction costs, spreads, slippage, financing costs, and taxes reduce returns and compound over time.
- Markets can gap, halt, or become illiquid. Orders may not fill at expected prices.
You should not trade with money you cannot afford to lose. Consider seeking advice from an independent, appropriately licensed professional before making any financial decision.
4. Tax and retirement content
Our tax and retirement pages describe general structures only. Tax rules, contribution limits, income phase-outs, filing thresholds and account rules change annually, vary by jurisdiction, and depend entirely on your individual circumstances.
Nothing on those pages is tax, legal, or retirement advice. Always verify current figures directly with the IRS or the relevant authority, and consult a qualified CPA, tax professional, or fee-only financial adviser before acting.
5. Accuracy is not guaranteed
We make a genuine effort to be accurate, but the Information may be incorrect, incomplete, outdated, oversimplified, or inapplicable to your situation. Regulations, margin requirements, contract specifications and tax treatment change over time and we may not update every page immediately.
All content is provided “as is” and “as available”, without warranties of any kind, express or implied, including any warranty of accuracy, completeness, reliability, timeliness, merchantability, or fitness for a particular purpose.
6. Third-party links and resources
This site links to third-party tools, data sources, regulators, research repositories, and educational channels. Those links are provided for convenience and reference only.
We do not control, endorse, guarantee, or take responsibility for any third-party site, product, service, or content. Your use of any third-party resource is at your own risk and subject to that party’s own terms and privacy policy. Inclusion of a link is not a recommendation.
This education site does not contain affiliate links and we are not compensated for any resource recommended here. Other Trading Circle properties do contain affiliate links; those are disclosed on the pages where they appear.
7. Community content
Opinions, statements, charts, screenshots, and messages posted by community members are those of the individual posting them. They do not represent the views of The Trading Circle, its owners, or its staff, and we do not verify them. Evaluate everything critically.
8. Limitation of liability
To the fullest extent permitted by applicable law, The Trading Circle and its owners, administrators, moderators, contributors, and automated systems shall not be liable for any loss of capital, trading losses, lost profits, lost opportunities, data loss, business interruption, or any indirect, incidental, special, consequential, exemplary, or punitive damages arising out of or relating to your use of this site or reliance on the Information — regardless of the legal theory and even if advised of the possibility of such damages.
Nothing in this disclaimer excludes or limits liability that cannot lawfully be excluded or limited, including liability for fraud or fraudulent misrepresentation.
9. Your responsibility
You are solely responsible for any trade, investment, tax position, or financial decision you make. Always conduct your own research and due diligence. Verify any broker, platform, or financial professional before opening an account — you can check registration and disciplinary history free at FINRA BrokerCheck and NFA BASIC.
10. Scope and changes
This disclaimer applies to this site and to all current and future websites, applications, bots, systems, channels, and platforms operated by The Trading Circle. It is incorporated into and forms part of our Terms of Use.
We may update this disclaimer at any time. Changes take effect when posted, and the “last updated” date above will change. Your continued use of the site after a change means you accept the updated version.
If you do not agree with this disclaimer, please do not use this site.