Legal
DISCLAIMER
Teiken Trading, by Ryan Teiken, including The Observer on Substack, any related website, newsletter, blog post, article, social-media content, podcast, video, downloadable resource, email, contact form submission, direct message, chat, course, community content, and any other publication or communication issued by Teiken Trading or Ryan Teiken (collectively, the "Content"), is provided solely for general informational, educational, and editorial purposes.
1. Educational and Informational Content Only
The Content reflects personal opinions, market commentary, research observations, trading education, and general informational material only. The Content is not intended as legal, tax, accounting, investment, financial-planning, brokerage, medical, psychological, psychiatric, therapeutic, or other professional advice. You should consult your own qualified professional advisers before making any financial, legal, tax, business, medical, or mental-health decision.
2. Not Investment Advice; No Offer, Recommendation, or Solicitation
Nothing in the Content constitutes, or should be construed as any of the following:
- (a) investment advice;
- (b) trading advice;
- (c) financial-planning advice;
- (d) a recommendation, endorsement, or opinion that any person should buy, sell, hold, short, trade, or otherwise transact in any security, futures contract, option, swap, forex instrument, cryptocurrency, digital asset, commodity, or other financial instrument; or
- (e) an offer to sell or a solicitation of an offer to buy any security or other instrument.
Any references to specific tickers, securities, futures, options, markets, strategies, setups, indicators, or instruments are provided for illustration, discussion, commentary, educational analysis, or examples only.
3. No Personalized Advice; No Adviser-Client or Other Professional Relationship
The Content is impersonal and not tailored to the investment objectives, financial circumstances, risk tolerance, suitability requirements, tax status, trading experience, or particular needs of any individual. Your use of this site, newsletter, email communications, contact forms, social-media interactions, comments, messages, downloads, or any other communication with Teiken Trading or Ryan Teiken does not create an investment adviser-client, commodity trading advisor-client, broker-client, attorney-client, therapist-client, fiduciary, or other professional-client relationship. No personalized advice will be deemed given unless expressly agreed in a separate written contract signed by the appropriate parties.
4. Regulatory Status
Teiken Trading and Ryan Teiken are not registered as an investment adviser, broker-dealer, commodity trading advisor, commodity pool operator, or introducing broker, and do not provide regulated advisory or brokerage services through this Content.
5. Trading and Investment Risk Disclosure
Trading and investing in securities, futures, options, commodities, forex, crypto assets, leveraged products, and other financial instruments involves substantial risk of loss and is not suitable for every person. You may lose some, most, or all of your capital. Leverage can magnify both gains and losses and may result in losses exceeding your initial investment where permitted by the product structure or account terms. Market conditions can change rapidly. Liquidity may disappear. Volatility can increase unexpectedly. Slippage, spreads, commissions, funding costs, fees, technology failures, order-routing issues, exchange outages, counterparty risk, and execution delays can materially affect results. You are solely responsible for evaluating all risks and for any decisions you make.
6. Past Performance Is Not Indicative of Future Results
Any discussion or presentation of prior trades, historical performance, prior market behavior, case studies, examples, or past outcomes is provided for informational or educational purposes only. Past performance, whether actual or illustrated, does not guarantee or predict future performance or future results.
7. Hypothetical, Simulated, Backtested, and Model Results
Any hypothetical, simulated, backtested, paper-traded, model, sample, reconstructed, or illustrative performance results have significant limitations and do not represent actual trading. Such results may be prepared with the benefit of hindsight, may rely on assumptions, may not reflect all market factors, may not account for liquidity constraints, execution quality, commissions, fees, slippage, borrow constraints, spreads, funding costs, taxes, human decision-making, or real-time emotional pressure, and may differ materially from results achieved in live trading. No representation is made that any account will, is likely to, or can achieve profits or losses similar to any examples shown.
8. No Guarantees, Warranties, or Promises of Outcome
Teiken Trading and Ryan Teiken make no representation, warranty, or guarantee that any strategy, idea, framework, indicator, educational concept, risk-management approach, or market thesis will be profitable, successful, suitable, reliable, available, current, complete, or effective for any particular person or market condition. Profitability, consistency, performance, and "edge" are never guaranteed.
9. Affiliate Compensation Disclosure
Teiken Trading and/or Ryan Teiken may receive compensation through affiliate links, referral arrangements, sponsorships, advertising relationships, or other commercial relationships. When applicable, Teiken Trading and/or Ryan Teiken may earn a commission or other compensation if you click a link or make a purchase through certain links or recommendations. Such relationships do not change the price to you unless expressly stated. Any material connection will be intended to be disclosed clearly and conspicuously in reasonable proximity to the relevant recommendation, endorsement, or link. You should assume that some links may be monetized unless expressly stated otherwise.
10. Third-Party Links, Platforms, Content, and Availability
The Content may contain links to or references to third-party websites, products, services, platforms, publishers, marketplaces, brokers, exchanges, tools, applications, or content providers, including but not limited to Substack, Amazon, X, YouTube, charting platforms, brokerages, or other external resources. Teiken Trading and Ryan Teiken do not control and are not responsible for the accuracy, completeness, legality, availability, security, functionality, pricing, offers, terms of service, privacy policies, practices, content, or continued availability of any third-party site, platform, service, or product. Your use of third-party resources is solely at your own risk and subject to the applicable third party's own terms and policies.
11. No Endorsement or Affiliation Implied
Reference to any third-party company, platform, product, service, publication, trademark, logo, trade name, ticker, or brand is for identification, commentary, education, comparison, news discussion, or informational convenience only and does not imply sponsorship, endorsement, approval by, partnership with, or affiliation with that third party unless expressly stated in writing. All third-party trademarks and brand names remain the property of their respective owners.
12. Psychology, Mindset, and Mental-Health Boundary
Any discussion of trading psychology, discipline, mindset, stress, emotional regulation, behavior, habits, confidence, fear, self-sabotage, identity, or performance is educational in nature only. It is not medical advice, mental-health advice, psychiatric advice, psychotherapy, counseling, diagnosis, treatment, crisis intervention, or a substitute for care from a licensed physician, psychologist, psychiatrist, therapist, counselor, or other qualified healthcare professional. If you believe you may be experiencing a medical or mental-health condition, or if you are in crisis, seek help from a qualified professional or emergency services immediately.
13. Accuracy, Completeness, Timeliness, and Reliance
Market information can become outdated quickly. Data, charts, prices, news, opinions, analyses, examples, and references may be incomplete, delayed, inaccurate, unavailable, or no longer current at the time you read them. Teiken Trading and Ryan Teiken undertake no obligation to update, correct, or revise any Content unless legally required to do so. You are solely responsible for independently verifying any information before relying on it. To the fullest extent permitted by law, Teiken Trading and Ryan Teiken disclaim liability for any loss or damage arising from your use of, interpretation of, or reliance on the Content.
14. Privacy and Analytics Notice
This site, newsletter, and related properties may use analytics, cookies, pixels, server logs, link tracking, and similar technologies to understand traffic, engagement, and performance, and to improve content, functionality, and user experience. By using the site or interacting with the Content, you acknowledge that certain usage data may be collected and processed in accordance with the applicable Privacy Policy. Please review the Privacy Policy for more information about data practices, tracking technologies, and your choices.
15. User Responsibility
You are solely responsible for your own decisions, due diligence, risk management, compliance obligations, tax reporting, and evaluation of suitability. You should never trade or invest money you cannot afford to lose and should not rely on any single source of information when making financial decisions.
16. Changes to This Disclaimer
Teiken Trading and Ryan Teiken reserve the right to modify, update, or replace this Disclaimer at any time without prior notice. Your continued use of the Content after any update constitutes acceptance of the revised Disclaimer.
By accessing or using the Content, you acknowledge that you have read, understood, and agreed to this Disclaimer.