OQ Market Analytics

Risk Disclosure

Important risks associated with market data, analytics, dashboards, alerts, models, trading products, and investment decisions.

Effective Date: 07-31-2026 Last Updated: 07-31-2026 Version: 1.0
Trading and investing involve substantial risk. You may lose some or all of your capital, and certain leveraged or derivative transactions may result in losses greater than the amount initially invested.

This Risk Disclosure describes important risks associated with the use of market information, analytics, dashboards, alerts, classifications, rankings, calculations, and related services provided by OQ MARKET ANALYTICS LLC, a Texas limited liability company ("OQ Market Analytics," "we," "us," or "our").

This Risk Disclosure applies to services available through:

https://obsessedquant.com https://alerts.obsessedquant.com

Trading and investing involve substantial risk. You may lose some or all of the money committed to a transaction. Certain transactions may result in losses greater than the amount initially invested.

The Service is provided for informational, analytical, research, and educational purposes only. It does not eliminate or reduce the risks described in this Risk Disclosure.

By accessing or using the Service, you acknowledge that you have read and understood this Risk Disclosure.

1. GENERAL RISK OF LOSS

All trading and investing involve risk.

The value of a security, exchange-traded product, commodity, currency, digital asset, derivative, or other financial instrument may increase or decrease without warning.

You may lose:

There is no investment, trading strategy, market signal, statistical model, or risk-management method that can eliminate the possibility of loss.

2. NO GUARANTEED RESULTS

OQ Market Analytics does not guarantee:

Any statement concerning probability, historical frequency, ranking, projected movement, expected range, or statistical outcome remains subject to uncertainty.

3. INFORMATIONAL USE ONLY

The Service provides general market analytics and does not provide personalized investment advice.

The Service does not consider your individual:

You are responsible for determining whether any investment, trade, strategy, product, or level of risk is appropriate for you.

4. MARKET RISK

Market prices may move because of factors including:

Market conditions may change before you can review or act on information provided through the Service.

5. VOLATILITY RISK

Volatility refers to the degree and speed of price movement.

High volatility may result in:

Historical volatility does not guarantee future volatility.

A market that was previously stable may become highly volatile without warning.

6. LIQUIDITY RISK

Liquidity is the ability to buy or sell an instrument without materially affecting its price.

A security or product may have limited liquidity because of:

Low liquidity may prevent you from entering or exiting a position at the desired time or price.

7. BID-ASK SPREAD RISK

The bid price may be lower than the ask price.

The difference between those prices is the bid-ask spread.

Wide spreads may increase the cost of entering or exiting a position.

Displayed prices may represent:

A displayed price may not be available for actual execution.

8. SLIPPAGE RISK

Slippage occurs when a transaction executes at a price different from the expected price.

Slippage may result from:

A stop-loss order does not guarantee that a loss will be limited to the amount shown by a displayed stop level.

9. MARKET GAP RISK

A market may open or move substantially above or below a previous price without trading at intermediate prices.

A gap may cause:

ATR levels, stop levels, projected prices, and historical ranges do not prevent market gaps.

10. EXECUTION RISK

OQ Market Analytics does not execute trades.

Actual execution depends on third parties such as:

Execution may be affected by:

We are not responsible for the operation or performance of a broker, exchange, market maker, custodian, or trading platform.

11. ORDER-TYPE RISK

Different order types involve different risks.

A market order may execute at an unfavorable price.

A limit order may not execute.

A stop order may become a market order after activation and may execute at a price substantially different from the stop price.

A stop-limit order may not execute after activation.

Trailing stops may react to short-term price movement and may not prevent a larger loss.

You are responsible for understanding each order type before using it.

12. TECHNOLOGY RISK

Electronic trading and online analytics depend on technology.

Technical problems may include:

A technical problem may prevent you from viewing information, entering an order, canceling an order, or managing a position.

13. DATA RISK

The Service may use information supplied by third parties.

Data may be:

We use processes intended to detect certain data problems, but we do not guarantee that all data is accurate, complete, timely, or suitable for trading.

You should independently verify important information before making a financial decision.

14. TIMESTAMP AND FRESHNESS RISK

A displayed dashboard generation time does not necessarily represent the exact observation time for every underlying value.

Information may be based on:

Different fields may reflect different timestamps.

The Service is not guaranteed to provide real-time data.

A freshness safeguard does not guarantee that every displayed value is current or correct.

15. DASHBOARD AVAILABILITY RISK

The Service may temporarily withhold a dashboard when its freshness cannot be verified.

The dashboard may also be unavailable because of:

An active subscription does not guarantee uninterrupted dashboard availability.

16. MODEL RISK

Analytical models are simplified representations of markets.

A model may fail because:

A model output is not a prediction that must occur.

17. REGIME CLASSIFICATION RISK

The Service may classify market conditions into regime categories.

A regime classification may:

A regime label does not guarantee that the market will behave like prior periods assigned the same label.

18. ATR ANALYSIS RISK

Average True Range, or ATR, is a volatility measurement.

ATR does not determine market direction.

ATR bands, penetrations, targets, stops, and related calculations may fail to reflect future price movement.

A price may:

ATR-based calculations do not guarantee that a trade is favorable or that risk is controlled.

19. HISTORICAL STATISTICS RISK

The Service may display historical adverse excursion, favorable excursion, percentile, sample-quality, or risk-reward statistics.

Historical statistics may not predict future outcomes.

They may be affected by:

A percentile is not a maximum possible movement.

A price may move beyond a historical 95th percentile or any other displayed percentile.

20. SAMPLE-SIZE RISK

Analytical results based on a limited number of observations may be unstable.

Labels such as:

describe aspects of the available historical sample.

They do not guarantee the accuracy, reliability, or future performance of an analytical result.

Even a large historical sample may fail to represent future market behavior.

21. RANKING RISK

The Service may rank instruments or opportunities.

A higher rank does not necessarily mean:

Rankings are produced from defined analytical rules and may change as inputs change.

22. DIRECTIONAL LABEL RISK

The Service may display labels such as:

These labels describe analytical classifications.

They are not instructions, recommendations, or guarantees.

A buy classification may be followed by a decline.

A sell classification may be followed by an increase.

23. PROJECTED PRICE RISK

Projected prices are estimates based on calculations, historical statistics, or model assumptions.

A projected price does not guarantee that:

Projected prices should not be treated as certain outcomes.

24. STOP-LOSS RISK

A displayed stop-loss level is an analytical reference and not a guarantee of loss limitation.

A stop may fail to protect against:

You are responsible for placing, monitoring, and managing any stop order.

25. RISK-REWARD CALCULATION RISK

Risk-reward values are estimates based on defined price levels and assumptions.

They may not account for:

A favorable displayed risk-reward ratio does not guarantee a profitable transaction.

26. PAST PERFORMANCE RISK

Past performance does not predict or guarantee future results.

Historical returns, patterns, signals, relationships, and model outcomes may not recur.

A strategy that performed well during one period may perform poorly during another period.

An instrument's historical stability does not guarantee future stability.

27. BACKTEST AND SIMULATION RISK

Backtested, simulated, hypothetical, or model-generated results have limitations.

They may not reflect:

Actual results may differ materially from a backtest or simulation.

28. OVERFITTING RISK

A model may appear successful because it was fitted too closely to historical data.

An overfitted model may perform poorly when applied to new data.

More rules, filters, or parameters do not necessarily produce a more reliable strategy.

29. SURVIVORSHIP AND SELECTION BIAS

Historical datasets may exclude instruments that:

Results based only on surviving instruments may overstate historical performance.

Selection rules may also favor observations that appear successful after the fact.

30. CORPORATE ACTION RISK

Prices and historical data may be affected by:

Data adjustments may alter historical calculations and comparisons.

31. CONCENTRATION RISK

Concentrating capital in one instrument, sector, market, strategy, or asset class increases exposure to adverse events affecting that concentration.

Diversification may reduce certain risks but does not prevent loss.

32. LEVERAGE RISK

Leverage magnifies gains and losses.

Leveraged exposure may arise through:

A small adverse price movement may result in:

You should not use leverage unless you understand how it operates and can bear the associated risks.

33. MARGIN RISK

Trading on margin involves borrowing money or securities.

Your broker may:

You may remain responsible for a deficit after liquidation.

34. SHORT-SELLING RISK

Short selling may expose you to losses that exceed the amount initially committed because the price of an instrument can rise substantially.

Additional risks include:

A sell or short designation does not mean that short selling is appropriate or available.

35. LEVERAGED AND INVERSE ETF RISK

Leveraged and inverse ETFs may seek to achieve a stated multiple or inverse of a benchmark's daily performance.

Many such products reset daily.

Performance over more than one trading day may differ significantly from the stated multiple or inverse of the benchmark.

This difference may be amplified by:

A leveraged or inverse ETF may lose value even when the longer-term movement of the benchmark appears favorable.

36. SINGLE-STOCK ETF RISK

A leveraged or inverse single-stock ETF is concentrated in the performance of one underlying company.

It does not provide the diversification associated with a broad index.

It may experience greater volatility and risk than the underlying stock itself.

A small adverse movement in the underlying stock may produce a larger movement in the ETF.

37. EXCHANGE-TRADED PRODUCT RISK

Exchange-traded funds, exchange-traded notes, commodity pools, and similar products may differ significantly in structure.

Risks may include:

You should review the product's prospectus and official disclosures before trading.

38. EXCHANGE-TRADED NOTE RISK

An exchange-traded note, or ETN, is generally an unsecured debt obligation of an issuer.

Its value may depend on:

An ETN investor may lose money if the issuer defaults, even if the referenced index performs favorably.

39. COMMODITY PRODUCT RISK

Commodity-related products may use futures, options, swaps, or rolling contract strategies.

Their performance may differ from the spot price of the underlying commodity.

Returns may be affected by:

A commodity product should not be assumed to behave like direct ownership of the physical commodity.

40. FUTURES RISK

Futures contracts involve leverage and may result in rapid and substantial losses.

Risks include:

You should understand the contract specifications and settlement terms before trading futures.

41. OPTIONS RISK

Options are complex instruments.

An option buyer may lose the entire premium.

An option seller may face substantial or unlimited losses, depending on the position.

Risks may include:

You should not trade options unless you understand the specific strategy and its maximum possible loss.

42. FOREX RISK

Foreign-exchange trading may involve:

Off-exchange forex transactions may be conducted directly against a dealer rather than through a centralized exchange.

Forex trading may result in losses greater than the amount deposited.

43. DIGITAL-ASSET RISK

Digital assets may involve heightened risks, including:

Digital-asset futures and leveraged digital-asset products may amplify these risks.

44. INTEREST-RATE RISK

Changes in interest rates may affect:

Generally, fixed-income prices may decline when interest rates rise, although actual results depend on the instrument and market conditions.

45. CREDIT RISK

An issuer, borrower, counterparty, or financial institution may fail to meet its obligations.

Credit deterioration or default may cause:

Government, corporate, municipal, and structured products may have different levels of credit risk.

46. INFLATION RISK

Inflation may reduce the purchasing power of investment returns.

An investment may increase in nominal value while losing value after inflation.

Efforts to hedge inflation may also fail or create additional risk.

47. CURRENCY RISK

Investments involving foreign currencies may be affected by exchange-rate movement.

A profitable investment in its local currency may produce a loss after conversion into another currency.

Currency conversion may also involve fees and spreads.

48. FOREIGN-MARKET RISK

Foreign investments may involve:

Information about foreign issuers may be less available or less reliable.

49. EMERGING-MARKET RISK

Emerging markets may involve greater volatility, political risk, currency risk, liquidity risk, and regulatory uncertainty than developed markets.

Market closures, capital controls, or settlement failures may restrict access to invested capital.

50. REGULATORY RISK

Governments and regulators may change laws, rules, taxes, trading restrictions, listing requirements, or reporting obligations.

Regulatory changes may affect:

A product that is available today may later become restricted or unavailable.

51. TAX RISK

Trading and investing may create tax liabilities.

Tax treatment may depend on:

OQ Market Analytics does not provide tax advice.

Consult a qualified tax professional regarding your circumstances.

52. BROKER AND COUNTERPARTY RISK

A broker, exchange, clearing firm, custodian, issuer, dealer, or counterparty may experience:

Customer protections vary by account, provider, product, and jurisdiction.

53. CUSTODY RISK

Assets held by a broker, exchange, custodian, digital wallet, or other third party may be lost, frozen, restricted, stolen, or made inaccessible.

You are responsible for evaluating custody arrangements and applicable protections.

54. CYBERSECURITY RISK

Cybersecurity incidents may affect:

Possible consequences include:

No security system can eliminate all cyber risk.

55. ALERT AND NOTIFICATION RISK

Alerts and notifications may be:

You should not rely on an alert as the sole means of monitoring a market or position.

56. EMAIL AND PUSH-NOTIFICATION RISK

Email and push notifications may be delayed or filtered by:

A notification is not guaranteed to arrive before a market movement.

57. SUBSCRIPTION ACCESS RISK

Access to the paid dashboard depends on systems including:

A subscription may temporarily fail verification because of:

Temporary denial of access does not change the market risks associated with any position you hold.

58. THIRD-PARTY SERVICE RISK

The Service depends on third-party providers.

A third party may:

OQ Market Analytics does not control third-party systems.

59. FORCE-MAJEURE RISK

Events beyond reasonable control may disrupt markets or the Service.

Such events may include:

These events may cause rapid market movement and reduced access to information or trading systems.

60. BEHAVIORAL RISK

Emotions and cognitive biases may affect financial decisions.

Examples include:

Analytical tools do not eliminate human decision-making risk.

61. OVERTRADING RISK

Frequent trading may increase:

A larger number of signals does not mean that all signals should be traded.

62. POSITION-SIZING RISK

A potentially favorable analysis may still cause a large loss when the position size is excessive.

You are responsible for determining:

The Service does not calculate a personalized position size for you unless expressly stated otherwise.

63. CORRELATION RISK

Positions that appear diversified may become highly correlated during market stress.

Multiple securities, ETFs, sectors, or strategies may decline at the same time.

Historical correlations may change without warning.

64. RISK-CAPITAL REQUIREMENT

You should use only capital that you can afford to lose.

Risk capital does not include money needed for:

You should not borrow money for speculative trading unless you fully understand and can bear the potential consequences.

65. INDEPENDENT RESEARCH

You should independently evaluate:

The Service should not be your sole source of information.

66. PROFESSIONAL ADVICE

Consider consulting qualified professionals before making financial decisions.

Appropriate professionals may include:

You are responsible for evaluating the qualifications and conflicts of any professional.

67. USER RESPONSIBILITY

You are solely responsible for:

OQ Market Analytics does not control your account or your trading decisions.

68. NO COMPENSATION FOR MARKET LOSSES

Subscription fees purchase access to the Service.

Subscription fees do not create:

OQ Market Analytics is not responsible for investment losses, trading losses, missed opportunities, margin calls, taxes, commissions, borrowing costs, or execution differences.

69. ACCEPTANCE OF RISK

By using the Service, you acknowledge that:

You understand that trading and investing involve risk. You may lose some or all of your capital. Certain products may produce losses greater than the initial investment. Historical results do not guarantee future results. Models, signals, rankings, and projections may be wrong. Market data may be delayed, incomplete, or inaccurate. Technical systems may fail. You remain solely responsible for your financial decisions.

70. CHANGES TO THIS DISCLOSURE

We may update this Risk Disclosure from time to time.

When updated, we will revise:

Material changes may be communicated through:

71. RELATIONSHIP TO OTHER POLICIES

This Risk Disclosure should be read together with:

If a specific disclosure directly conflicts with a general statement in this Risk Disclosure, the more specific disclosure will control to the extent permitted by law.

72. CONTACT INFORMATION

OQ MARKET ANALYTICS LLC

Website:

https://obsessedquant.com https://alerts.obsessedquant.com

Support Email:

Mailing Address:

8106 Whisper Point Dr.

References

[1] United States Securities and Exchange Commission, Investor.gov, Updated Investor Bulletin: Leveraged and Inverse ETFs.

[2] United States Securities and Exchange Commission, Investor.gov, Leveraged Investing Strategies - Know the Risks Before Using These Advanced Investment Tools.

[3] United States Securities and Exchange Commission, Investor.gov, Exchange-Traded Funds.

[4] United States Securities and Exchange Commission, Investor.gov, Single-Stock ETFs.

[5] Financial Industry Regulatory Authority, The Lowdown on Leveraged and Inverse Exchange-Traded Products.

[6] Commodity Futures Trading Commission, Customer Advisory: Understand Risks and Markets Before Reacting to Internet Hype.

[7] Commodity Futures Trading Commission, Customer Advisory: Understand the Risks of Virtual Currency Trading.

[8] Commodity Futures Trading Commission, Customer Advisory: Eight Things You Should Know Before Trading Forex.