Risk Disclosure

1. Not investment advice

Scores, signals, regime labels, squeeze flags, Congressional trade records, and alerts are informational only. They are not recommendations to buy, sell, or hold any security. Tapeline has no knowledge of your portfolio, risk tolerance, tax situation, investment objectives, or financial position, and cannot produce personalized advice.

2. Past performance does not predict future results

Our public scorecard records how previously flagged setups performed. That record is historical and descriptive. It does not imply any setup flagged in the future will produce similar results. Markets are non-stationary. Strategies that worked decay. Any metric showing alpha in the past could reverse tomorrow.

3. Trading involves substantial risk of loss

You can lose all of the capital you invest in any single security and, with leveraged or short positions, more than the capital you invest. Do not invest money you cannot afford to lose. Never borrow money to trade. Understand the specific risks of each security, including volatility, liquidity, company-specific events, and macroeconomic risk.

4. Data can be wrong or delayed

Market data is sourced from Polygon.io. Despite reasonable care, data feeds can contain errors, corporate-action adjustments may lag, and prices can be delayed during outages or market-wide disruptions. Always verify any time-sensitive datum with your broker before acting.

5. Factors and weights are not magic

Our composite score is a transparent weighted sum of six factors (Trend 25%, Relative strength 20%, Fundamentals 15%, Smart money 15%, Macro 15%, Momentum 10%). The weights are our subjective choice based on our own trading experience. They have no predictive guarantee. We may change them over time with notice.

6. What Tapeline does NOT do

• Execute trades or move money on your behalf
• Hold, custody, or have access to your brokerage account
• Predict specific price targets or time-frames with precision
• Monitor your portfolio for risk concentration or drawdown
• Substitute for a licensed financial adviser, CPA, or tax professional

7. Consult qualified professionals

Before making investment decisions, consider consulting a licensed financial adviser, a tax professional, and if appropriate, legal counsel. Tapeline is a research tool designed to complement, not replace, those relationships.

8. No fiduciary relationship

Subscribing to Tapeline does not create an adviser/client, broker/customer, or fiduciary relationship. We have no duty to act in your best interest with respect to specific investment decisions.

9. Jurisdictional limits

Tapeline is generally available worldwide but some features and content may be restricted or unavailable in certain jurisdictions. It is your responsibility to ensure that your use of Tapeline complies with applicable laws and regulations in your country of residence.

10. Acknowledgement

By subscribing to or using Tapeline you acknowledge that you have read, understood, and accepted this Risk Disclosure, and that all trading decisions are solely your own.