Risk Warning
Trading and investing in financial markets involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. You should carefully consider your investment objectives, level of experience, and risk appetite before making any investment decisions.
1. Not Financial Advice
The information provided on QuantStock.org, including all trading strategies, backtesting results, and analysis, is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to make any specific investment or follow any specific strategy.
We do not advise on the merits of any particular transaction or investment. You are solely responsible for your investment decisions, and we strongly recommend consulting with a qualified financial advisor before making any investment.
2. Backtesting Limitations
Backtesting has inherent limitations that all users should be aware of:
- Historical Data Limitations: Backtesting relies on historical data which may contain errors, omissions, or inaccuracies. Historical data cannot account for all market conditions or factors that might impact actual trading.
- Hindsight Bias: Strategies developed with the benefit of hindsight may appear to perform better than they would in real-time trading. Parameters can be unintentionally optimized to perform well on specific historical data but may not perform similarly in future market conditions.
- Market Impact: Backtesting typically does not account for market impact, which is how your own trades might affect market price. In reality, large orders can cause slippage and affect prices, especially in less liquid markets.
- Transaction Costs: While our backtesting attempts to include estimates for transaction costs, actual costs may vary and can significantly impact trading performance, especially for high-frequency strategies.
- Market Evolution: Markets evolve over time, and strategies that worked in the past may not continue to work in the future due to changing market dynamics, regulatory changes, or technological advancements.
- Perfect Execution: Backtesting often assumes perfect execution of trades at historical prices, which is not always possible in real-world trading due to delays, slippage, or execution issues.
3. Performance Claims
Any performance results, statistics, or claims presented on QuantStock.org:
- Are based on historical backtests and not on actual trading with real money
- Do not guarantee similar results in the future
- May vary significantly when implemented in real trading conditions
- Do not account for all market factors or personal circumstances
- May be presented in optimal scenarios and might not represent typical results
Users should understand that different time periods or slight changes in implementation could produce vastly different results.
4. Technical Risks
Using QuantStock's services involves technical risks, including:
- Interruptions in service due to technical issues, maintenance, or other factors
- Delays, data errors, or inaccuracies in information provided
- Potential software bugs or calculation errors
- Compatibility issues with certain devices, browsers, or operating systems
We work diligently to minimize these risks, but they cannot be eliminated entirely.
5. User Responsibility
By using QuantStock.org, you acknowledge and agree that:
- You are solely responsible for your investment decisions
- You will conduct your own due diligence before implementing any strategy
- You understand the limitations of backtesting and technical analysis
- You will not rely exclusively on information provided by QuantStock for trading decisions
- You accept all risks associated with trading and investing
- You will only invest funds that you can afford to lose
6. External Links and Third-Party Content
Our website may contain links to external sites or third-party content. We do not endorse, guarantee, or assume responsibility for any content, advertising, products, services, or other materials on or available from such external sites.
7. Changes to Disclaimer
We reserve the right to modify this disclaimer at any time. Changes will be effective immediately upon posting on our website. Your continued use of our services following the posting of changes constitutes your acceptance of such changes.
8. Contact Us
If you have any questions about this disclaimer, please contact us at:
Email: legal@quantstock.org
Last Updated: March 29, 2025