Financial and Investment Disclaimer
Important limitations and risk information concerning the use of OQ Market Analytics market data, dashboards, signals, rankings, calculations, and related content.
This Financial and Investment Disclaimer applies to information, dashboards, analytics, alerts, reports, calculations, classifications, rankings, charts, tables, communications, and related services provided by OQ MARKET ANALYTICS LLC, a Texas limited liability company ("OQ Market Analytics," "we," "us," or "our").
This Disclaimer applies to services available through:
https://obsessedquant.com https://alerts.obsessedquant.com
- These services are collectively referred to as the "Service."
By accessing or using the Service, you acknowledge and agree to this Disclaimer.
1. INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY
The Service is provided solely for informational, analytical, research, and educational purposes.
The Service does not provide personalized investment, financial, legal, tax, accounting, trading, brokerage, retirement-planning, estate-planning, or other professional advice.
Nothing provided through the Service should be understood as a substitute for advice from a qualified professional who is familiar with your individual circumstances.
2. NOT AN INVESTMENT ADVISER
OQ Market Analytics is not acting as your investment adviser.
Unless expressly stated otherwise in a separate written agreement, OQ Market Analytics is not registered as an investment adviser with the United States Securities and Exchange Commission, any state securities regulator, or any foreign financial regulator.
No use of the Service creates an investment-advisory relationship.
You should consult an appropriately licensed investment professional before making investment decisions when professional advice is needed.
3. NOT A BROKER-DEALER
OQ Market Analytics is not acting as your broker, dealer, securities intermediary, introducing broker, futures commission merchant, or execution agent.
We do not:
- Open brokerage accounts
- Hold customer securities
- Hold customer investment funds
- Execute trades
- Transmit trade orders
- Provide trade confirmations
- Clear or settle transactions
- Select a broker for you
- Control your brokerage account
- Exercise trading authority over your assets
You are responsible for selecting and evaluating any broker, exchange, custodian, platform, or other financial service provider you use.
4. NOT A COMMODITY TRADING ADVISER
OQ Market Analytics is not acting as your commodity trading adviser, commodity pool operator, futures commission merchant, introducing broker, swap dealer, or foreign-exchange dealer.
The Service may display or analyze information relating to commodities, futures, exchange-traded products, foreign exchange, digital assets, or other instruments.
Such information is provided for general informational and analytical purposes only.
Futures, options, leveraged products, commodity interests, and foreign-exchange products may involve substantial risk and may not be suitable for all persons.
5. NO FIDUCIARY RELATIONSHIP
Your use of the Service does not create a fiduciary, trustee, agency, advisory, partnership, joint-venture, or professional-client relationship between you and OQ Market Analytics.
We do not assume a duty to act in your best interest, monitor your investments, review your portfolio, warn you about changing conditions, or recommend actions based on your personal circumstances.
6. NO PERSONALIZED ADVICE
The Service does not take into account your individual:
- Financial condition
- Income
- Assets
- Liabilities
- Tax situation
- Investment objectives
- Time horizon
- Experience
- Age
- Employment
- Liquidity needs
- Risk tolerance
- Portfolio composition
- Legal restrictions
- Brokerage limitations
- Retirement goals
- Family circumstances
Information that may appear relevant to a particular security, ETF, market, or strategy is not personalized advice.
You are solely responsible for determining whether any transaction, strategy, product, or risk level is appropriate for you.
7. NO RECOMMENDATION TO TRANSACT
Nothing in the Service constitutes or should be interpreted as:
- A recommendation to buy
- A recommendation to sell
- A recommendation to hold
- A recommendation to short
- A recommendation to trade
- A recommendation to avoid a trade
- A solicitation to purchase a security
- An offer to sell a security
- An endorsement of a security, fund, broker, exchange, platform, or strategy
- A representation that an investment is suitable for you
- A representation that a transaction will be profitable
- A guarantee of a particular result
Any displayed ticker, direction, ranking, score, alert, classification, signal, projected value, price level, stop level, ETF mapping, or analytical output is informational only.
8. MARKET SIGNALS AND DASHBOARD OUTPUTS
The Service may display market-related outputs such as:
- ATR levels
- ATR bands
- Market-regime classifications
- Broad regime families
- Trend classifications
- Buy or sell directions
- Opportunity rankings
- Entry prices
- Stop-loss levels
- Projected prices
- Historical adverse-excursion statistics
- Historical favorable-excursion statistics
- Risk-reward calculations
- Sample-quality labels
- Long or short ETF mappings
- Volatility measurements
- Current or historical prices
- Alerts
- Watchlists
These outputs are mathematical, statistical, or rule-based analytical results.
They are not instructions to enter, exit, increase, decrease, or maintain any position.
A label such as "buy," "sell," "long," "short," "opportunity," "entry," "stop," "target," "projected price," or "Trade ETF" describes an analytical category or calculation and does not constitute a recommendation.
9. TRADE ETF MAPPINGS
The Service may display a long or short exchange-traded fund associated with another ticker, benchmark, sector, commodity, or market exposure.
A displayed "Trade ETF," long ETF, short ETF, inverse ETF, leveraged ETF, or similar mapping is provided for informational convenience only.
The mapping does not establish that:
- The product accurately tracks the referenced asset
- The product is appropriate for you
- The product is liquid
- The product is available through your broker
- The product will perform as expected
- The product is suitable for the intended holding period
- The product has acceptable fees or risks
- The product should be purchased or sold
You must independently review the fund's prospectus, objectives, holdings, fees, leverage, daily reset terms, risks, and suitability before considering a transaction.
10. LEVERAGED AND INVERSE PRODUCTS
Leveraged and inverse exchange-traded products may involve risks that differ substantially from traditional investments.
Many leveraged and inverse ETFs are designed to achieve a stated performance objective for a single trading day.
Their performance over periods longer than one day may differ significantly from the stated multiple or inverse of the underlying benchmark.
This difference may be amplified by:
- Daily resetting
- Compounding
- Market volatility
- Tracking error
- Fees and expenses
- Derivatives exposure
- Holding-period length
- Market disruptions
- These products may experience significant and sudden losses and may not be suitable for buy-and-hold investors.[1]
Single-stock leveraged and inverse ETFs may involve additional concentration, volatility, and loss risk because they provide exposure to one underlying company rather than a diversified index.[2]
11. TRADING AND INVESTMENT RISK
All investing and trading involve risk.
You may lose some or all of the money committed to a transaction.
Certain products, including leveraged, margined, short, futures, options, forex, and derivative positions, may create losses greater than the amount initially invested.
Market conditions can change rapidly and without warning.
A position that appears profitable or controlled at one moment may become materially unprofitable before an order can be executed.
12. USE ONLY APPROPRIATE RISK CAPITAL
You should not trade or invest money needed for:
- Housing
- Food
- Medical care
- Education
- Taxes
- Emergency savings
- Debt payments
- Retirement needs
- Other essential expenses
Regulators commonly warn that speculative trading should be conducted only with funds that a person can afford to lose.[3]
You are solely responsible for deciding how much capital, if any, is appropriate to place at risk.
13. PAST PERFORMANCE
Past performance does not guarantee or predict future results.
Historical relationships, market regimes, returns, rankings, signals, prices, volatility, drawdowns, probabilities, and statistical patterns may not recur.
A historically successful strategy, security, market condition, or analytical method may perform poorly in the future.
A historically unsuccessful pattern may later perform differently.
14. BACKTESTED, SIMULATED, AND HYPOTHETICAL RESULTS
The Service may include or rely on:
- Backtested results
- Historical simulations
- Hypothetical calculations
- Model-generated outputs
- Historical regime groupings
- Estimated entries and exits
- Statistical distributions
- Projected prices
- Assumed transaction rules
Hypothetical or simulated results have important limitations.
They may not reflect:
- Actual trade execution
- Real-time decision-making
- Emotional pressure
- Liquidity constraints
- Market impact
- Slippage
- Broker restrictions
- Trading halts
- Taxes
- Commissions
- Bid-ask spreads
- Borrowing costs
- Short-sale availability
- Margin calls
- Data revisions
- Operational failures
No representation is made that any customer will achieve results similar to a simulation, backtest, model, or historical example.
15. STATISTICAL LIMITATIONS
Statistics displayed through the Service may be based on limited historical observations.
Results may be affected by:
- Small sample sizes
- Missing data
- Selection bias
- Survivorship bias
- Look-ahead bias
- Model assumptions
- Data normalization
- Ticker changes
- Corporate actions
- Regime definitions
- Time-period selection
- Outliers
- Duplicate records
- Changes in market structure
A "strong," "moderate," "low," "very low," or similar sample-quality label does not eliminate uncertainty and does not guarantee reliability.
16. PROJECTED PRICES AND STOP LEVELS
Projected prices, stop-loss levels, ATR boundaries, risk-reward values, and similar calculations are estimates based on defined formulas or historical statistics.
They are not guaranteed execution prices.
They do not ensure that:
- A market will reach the projected price
- A stop order will execute at the displayed level
- Losses will be limited to the displayed amount
- Liquidity will be available
- A broker will accept the order
- A price gap will not occur
- A trading halt will not occur
Markets may move through displayed prices without permitting execution at or near those levels.
17. NO GUARANTEE OF PROFIT OR LOSS LIMITATION
OQ Market Analytics does not guarantee:
- Profits
- Income
- Capital preservation
- Loss prevention
- Successful trades
- Accurate forecasts
- Market timing
- Portfolio growth
- A particular win rate
- A particular risk-reward ratio
- Execution at a particular price
- Recovery of subscription fees
- Recovery of investment losses
There is no risk-free trading or investment strategy.
Any statement suggesting certainty, probability, historical frequency, or expected movement remains subject to uncertainty and loss.
18. DATA ACCURACY
The Service may rely on data obtained from third parties.
Data may be:
- Delayed
- Incomplete
- Incorrect
- Duplicated
- Misclassified
- Adjusted
- Revised
- Unavailable
- Affected by corporate actions
- Affected by symbol changes
- Affected by exchange or provider errors
We use reasonable processes intended to identify and reduce certain data problems, but we do not guarantee that all information is accurate, complete, current, or suitable for trading.
You should independently confirm important information using reliable sources before making a financial decision.
19. DATA TIMING AND FRESHNESS
A displayed generation time may indicate when a dashboard was created, not the precise time at which each underlying value was observed.
Some information may be based on:
- Prior completed daily data
- Intraday snapshots
- Delayed market data
- Third-party scanner data
- Historical reference data
- Previously calculated statistics
The Service is not guaranteed to provide real-time market data.
A current dashboard does not guarantee that every field is current to the same timestamp.
20. MARKET-DATA INTERRUPTIONS
Market-data providers, exchanges, networks, brokers, cloud providers, and other third parties may experience:
- Outages
- Delays
- Maintenance
- Incorrect data
- API failures
- Rate limitations
- Security incidents
- Discontinued coverage
- Changed symbols
- Revised values
These events may affect the accuracy, timeliness, availability, or completeness of the Service.
21. EXECUTION RISK
Actual transaction results may differ from displayed or expected results because of:
- Bid-ask spreads
- Slippage
- Latency
- Order type
- Order routing
- Market depth
- Liquidity
- Volatility
- Partial fills
- Rejected orders
- Trading halts
- Exchange rules
- Broker limitations
- Short-sale restrictions
- Borrow availability
- Market gaps
- After-hours conditions
OQ Market Analytics does not control order execution and is not responsible for the performance of any broker, exchange, market maker, custodian, or trading platform.
22. SHORT SELLING
Short selling can involve substantial risk.
Potential risks include:
- Losses that may exceed the initial investment
- Margin calls
- Forced liquidation
- Borrowing costs
- Recall of borrowed shares
- Limited share availability
- Rapid price increases
- Short squeezes
- Buy-in requirements
- Regulatory restrictions
A sell, short, or inverse designation in the Service does not mean that short selling is appropriate, available, or legally permitted for you.
23. MARGIN AND LEVERAGE
Margin and leverage amplify both gains and losses.
A relatively small market move may result in:
- A significant loss
- A margin call
- Forced liquidation
- Additional deposit requirements
- Losses greater than the original investment
The CFTC warns that leverage can magnify underlying market risk and may cause losses exceeding the amount initially committed.[4]
You should understand your broker's margin rules and the specific risks of a leveraged product before trading.
24. OPTIONS, FUTURES, FOREX, AND DERIVATIVES
Options, futures, foreign exchange, swaps, and other derivatives are complex and may involve substantial risk.
Risks may include:
- Expiration
- Time decay
- Volatility changes
- Leverage
- Margin calls
- Assignment
- Settlement rules
- Counterparty exposure
- Liquidity limitations
- Losses exceeding initial capital
A person should not trade a product that the person does not understand.
Regulated intermediaries may be required to provide specific risk disclosures before opening certain futures or commodity-options accounts.[5]
The Service does not replace those required disclosures.
25. DIGITAL ASSET RISK
Digital assets and related products may involve heightened risks, including:
- Extreme volatility
- Cybersecurity incidents
- Loss of private keys
- Platform failure
- Fraud
- Manipulation
- Regulatory uncertainty
- Limited customer protections
- Irreversible transactions
- Liquidity problems
The CFTC has warned that virtual-currency markets and leveraged products may involve substantial volatility, cyber risk, platform risk, and amplified losses.[4]
26. COMMODITY AND COMMODITY ETP RISK
Commodity-related exchange-traded products may use:
- Futures contracts
- Options
- Swaps
- Other derivatives
- Rolling contract strategies
Their performance may differ significantly from the spot price of the referenced commodity.
Factors such as contango, backwardation, contract rolling, fees, leverage, and market structure may materially affect returns.
- A commodity ETP should not be assumed to behave like a traditional stock or bond fund.[6]
27. TAX CONSEQUENCES
Investments and trades may create tax consequences.
Tax treatment may depend on:
- Instrument type
- Holding period
- Account type
- Jurisdiction
- Investor status
- Wash-sale rules
- Constructive-sale rules
- Mark-to-market rules
- Foreign reporting
- Digital-asset rules
- Commodity and futures rules
OQ Market Analytics does not provide tax advice.
Consult a qualified tax professional regarding your circumstances.
28. LEGAL AND REGULATORY RESPONSIBILITY
You are responsible for determining whether your use of the Service and any related transaction complies with:
- Applicable law
- Securities regulations
- Commodity regulations
- Tax law
- Broker rules
- Employer policies
- Account restrictions
- Licensing requirements
- Foreign law
- Contractual obligations
The availability of information through the Service does not mean that a transaction is legal or available in your jurisdiction.
29. SUITABILITY
The Service does not determine whether an investment, security, ETF, derivative, strategy, or transaction is suitable for you.
Suitability depends on factors that may include:
- Financial resources
- Investment experience
- Objectives
- Risk tolerance
- Time horizon
- Liquidity needs
- Tax circumstances
- Legal restrictions
You must make your own suitability determination or obtain advice from an appropriately licensed professional.
30. THIRD-PARTY INFORMATION AND LINKS
The Service may contain information, symbols, links, references, or data associated with third parties.
We do not endorse or guarantee:
- A third-party website
- A broker
- An exchange
- A market-data provider
- A security
- A fund
- An issuer
- A platform
- A financial product
- A research source
Third parties are responsible for their own content, terms, disclosures, services, and conduct.
31. NO DUTY TO UPDATE OR WARN
We may update the Service periodically, but we do not assume a duty to:
- Monitor your positions
- Notify you of market changes
- Notify you when an analysis changes
- Notify you of a corporate action
- Notify you of a risk increase
- Correct information before you act
- Review your portfolio
- Warn you before a loss occurs
- Advise you to exit a position
Alerts may be delayed, missed, duplicated, or unavailable.
32. USER RESPONSIBILITY
You are solely responsible for:
- Conducting independent research
- Verifying data
- Understanding each financial product
- Assessing risk
- Determining position size
- Selecting order types
- Placing orders
- Reviewing executions
- Monitoring positions
- Maintaining margin
- Setting risk controls
- Complying with law
- Evaluating tax consequences
- Obtaining professional advice
- Accepting the results of your decisions
You should not rely on the Service as the sole basis for any financial decision.
33. PROFESSIONAL ADVICE
Before making a financial decision, consider consulting appropriately qualified professionals, which may include:
- A registered investment adviser
- A licensed broker
- A certified financial planner
- A certified public accountant
- A tax attorney
- A securities attorney
- A commodities professional
- Another qualified adviser
You are responsible for evaluating the qualifications, registration, conflicts, fees, and services of any professional you consult.
34. CONFLICTS AND BUSINESS INTERESTS
OQ Market Analytics may receive subscription revenue from customers.
We may also have business relationships with data, software, cloud, communication, payment, or technology providers.
Unless expressly disclosed, OQ Market Analytics does not receive transaction-based compensation for a customer's purchase or sale of a security.
If material conflicts arise, we may disclose them through the Service or an applicable policy.
35. PERSONAL TRADING
Owners, employees, contractors, or affiliates of OQ Market Analytics may personally own, buy, sell, or otherwise transact in securities, ETFs, commodities, digital assets, or other products discussed or displayed through the Service.
Their personal positions may be different from analytical outputs shown through the Service.
No displayed content should be interpreted as disclosure of a personal position unless expressly stated.
36. TESTIMONIALS AND EXAMPLES
Any testimonial, example, case study, screenshot, hypothetical trade, or customer statement represents an individual experience or illustration.
It does not guarantee that another customer will achieve the same or similar result.
Results may vary substantially.
37. SUBSCRIPTION FEES ARE NOT INVESTMENT CAPITAL
Subscription payments purchase access to the Service.
Subscription fees are not:
- Deposits
- Investments
- Managed assets
- Brokerage balances
- Trading capital
- Interests in a fund
- Claims on investment performance
Paying a subscription fee does not entitle you to investment profits or reimbursement for market losses.
38. NO COMPENSATION FOR INVESTMENT LOSSES
OQ Market Analytics is not responsible for:
- Investment losses
- Trading losses
- Missed opportunities
- Lost profits
- Margin calls
- Broker fees
- Taxes
- Interest
- Borrowing costs
- Slippage
- Execution differences
- Market-data errors
- Decisions based on the Service
Refund and subscription policies apply only to fees paid for the Service and do not provide compensation for investment or trading results.
39. WARRANTIES DISCLAIMED
- To the maximum extent permitted by law, the Service is provided "as is" and "as available."
We disclaim warranties concerning:
- Accuracy
- Completeness
- Timeliness
- Reliability
- Profitability
- Fitness for a particular purpose
- Merchantability
- Non-infringement
- Availability
- Security
- Results
No oral or written statement creates a warranty unless expressly included in a signed written agreement.
40. LIMITATION OF LIABILITY
To the maximum extent permitted by applicable law, OQ Market Analytics and its owners, officers, employees, contractors, affiliates, licensors, and service providers will not be liable for investment losses, trading losses, lost profits, lost opportunities, indirect damages, consequential damages, special damages, exemplary damages, or punitive damages arising from or relating to use of the Service.
Additional limitations are stated in the Terms of Service.
Nothing in this Disclaimer excludes liability that cannot legally be excluded.
41. JURISDICTIONAL LIMITATIONS
Financial laws and consumer rights vary by jurisdiction.
Certain provisions of this Disclaimer may not apply where prohibited by law.
The Service is not offered as regulated investment advice in any jurisdiction.
You are responsible for determining whether access to or use of the Service is permitted where you reside.
42. CHANGES TO THIS DISCLAIMER
We may update this Financial and Investment Disclaimer from time to time.
When updated, we will revise:
- The Last Updated date
- The policy version
- The effective date, when applicable
Material changes may be communicated through:
- The Service
- An account notice
- A website banner
- Another reasonable method
43. RELATIONSHIP TO OTHER POLICIES
This Disclaimer should be read together with:
- Terms of Service
- Privacy Policy
- Subscription and Cancellation Policy
- Refund Policy
- Risk Disclosure
If a specific written disclosure directly conflicts with a general statement in this Disclaimer, the more specific disclosure will control to the extent permitted by law.
44. CONTACT INFORMATION
OQ MARKET ANALYTICS LLC
Website:
https://obsessedquant.com https://alerts.obsessedquant.com
Support Email:
Mailing Address:
8106 Whisper Point Dr.
- Houston, TX 77040
- Policy Version: 1.0
- Effective Date: 07-31-2026
References
[1] United States Securities and Exchange Commission, Investor.gov, Updated Investor Bulletin: Leveraged and Inverse ETFs. https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-alerts/sec
[2] United States Securities and Exchange Commission, Investor.gov, Single-Stock ETFs. https://www.investor.gov/introduction-investing/investing-basics/glossary/single-stock-etfs
[3] Commodity Futures Trading Commission, Customer Advisory: Understand Risks and Markets Before Reacting to Internet Hype. https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/CustomerAdvisory_SocialMedia_Metals.html
[4] Commodity Futures Trading Commission, Customer Advisory: Understand the Risks of Virtual Currency Trading. https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/understand_risks_of_virtual_currency.html
[5] Commodity Futures Trading Commission, Futures Commission Merchants - Disclosure. https://www.cftc.gov/IndustryOversight/Intermediaries/FCMs/fcmibdisclosures
[6] Commodity Futures Trading Commission, Customer Advisory: Learn About Risks Before Investing in Commodity ETPs or Funds. https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/CustomerAdvisory_CommodityETPs.htm