Last revised on February 18, 2021, effective as of August 12, 2018.

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We are providing this website, our reports, and newsletters for guidance and information purposes only. This website, our reports, and newsletters are not intended to provide investment, tax, or legal advice.

The information contained herein and in our reports and newsletters has been compiled from sources deemed reliable. The information is accurate to the best of our knowledge and belief. However, we cannot guarantee its accuracy, completeness, and validity and cannot be held liable for any errors or omissions. Changes are periodically made and may be made at any time.

Our website, reports, and newsletters have been prepared solely for informational purposes and are not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or participate in any particular trading or market timing strategy.

All information contained herein and in our reports and newsletters should be independently verified and confirmed.

We do not accept any liability for any loss or damage howsoever caused in reliance upon such information.

Reader agrees to indemnify and hold us harmless from and against any damages, costs, and expenses, including any legal fees, potentially resulting from the application of any of the information provided by us. This disclaimer applies to any damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, or use of record, whether for breach of contract, tort, negligence, or under any other cause of action.

We may purchase or sell securities related to the markets cited on our website and in our reports and newsletters.


Our risk strategies and market risk ratings have not been applied over a significant time in real trading.

Recommendations, risk ratings, and risk strategy signals made in the future may or may not equal or better the performance of our risk ratings and strategies algorithms as simulated by historical backtesting.

The analysis, ratings, and recommendations made by made us and our suppliers do not provide, imply, or otherwise constitute a performance guarantee.

Past actual or simulated performance is no guarantee of future results. Therefore, the user should not assume that future results will be profitable or equal past performance, real, indicated, or implied.

We offer no guarantee regarding the accuracy, market predictive powers, suitability, or profitability (either expressed or implied) of any of the information provided.

Our website, reports, and newsletters include hypothetical trades, risk strategy signals, and risk rating assessments. These results have certain limitations. Since these ratings, trades, and risk strategy signals have not been executed in real-time, actual results may be different, under or over-compensated for results.

Hypothetical performance results are generally prepared with the benefit of hindsight.


The market risk strategies and risk ratings discussed on our website and in our reports and newsletters may be unsuitable for investors depending on their specific investment objectives and financial position.

The price or value of the investments to which this website and our reports and newsletters relate, either directly or indirectly, may fall or rise against investors’ interest. Any market exposure always entails the possibility of substantial loss of equity.

Reader agrees to assume all risk resulting from the application of any of the information provided by us.

Additionally, to usual risks embedded with investing, international trading may involve the risk of capital loss. For instance, this risk could be caused by fluctuations in currency values, differences in accounting principles, or economic or political instability in foreign countries.

Using this website and our reports and newsletters, including any applets, software, files, and content contained therein, the visitor/subscriber agrees that the use of this website/our reports and newsletters is entirely at his own risk.


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