Risk Disclaimer

Educational content only

Everything published on What's On Wall Street is provided for general educational and informational purposes only. It is not financial advice, investment advice, trading advice, tax advice or legal advice, and it must not be relied on as any of those.

We are not a broker-dealer, a registered investment adviser, a financial planner or a licensed professional of any kind. Nothing on this site is a recommendation to buy, sell or hold any security, fund, derivative, currency or other instrument. Where a company, fund or ticker is named it is as an illustration of a mechanism, never as a recommendation.

Nothing here is personalized

Our content is written for a general audience. It takes no account of your financial situation, objectives, tax position, risk tolerance or experience. A method appropriate for one person may be entirely inappropriate for another. Before making any financial decision, consider seeking advice from a licensed professional in your jurisdiction who can assess your individual circumstances.

Market data is delayed and may contain errors

Prices, indicators, yields and correlations on this site are computed from the previous trading day's close and are not live.
The data is derived from public sources (published index constituent lists, Yahoo Finance daily bars, the U.S. Treasury's yield curve feed) that we do not control and cannot guarantee.
Scanner results describe a state at one moment and are not signals. A stock appearing in a screen is not a recommendation.
Verify any figure against your broker or a primary source before acting on it.

Investing and trading involve substantial risk of loss

You can lose money, including your entire invested capital.
With margin, options, futures and leveraged funds you can lose more than your initial deposit.
Short selling carries theoretically unlimited loss potential.
A stop-loss order does not guarantee an exit price; gaps and fast markets can fill you far beyond your stop.
Past performance does not indicate future results. No pattern, indicator, factor or method works reliably.

Only invest or trade with money you can afford to lose entirely without affecting your standard of living or your obligations.

No guarantees or performance claims

We make no representation that any method, instrument or approach described here will be profitable, and we make no claim about win rates, returns or outcomes. Figures, examples and calculations are illustrative and hypothetical. Hypothetical results have inherent limitations and do not represent actual investing.

Our tools are illustrative

The calculators perform standard arithmetic on the numbers you provide. They do not verify your inputs, do not know your broker's fees, margin rules, contract specifications, tax treatment or execution, and are not a substitute for your own verification. Always check the figures independently before acting on them.

Accuracy and third-party content

We work to keep content accurate and current, but we make no warranty as to its accuracy, completeness or timeliness. Markets, rules and thresholds change and errors occur. Links to third-party sites are provided for convenience and are not endorsements; we are not responsible for their content.

Limitation of liability

To the fullest extent permitted by law, What's On Wall Street and its contributors accept no liability for any loss or damage (including investment or trading losses, loss of profits, or consequential loss) arising from your use of, or reliance on, anything published here, including the market data and tools. You use this site entirely at your own risk.

Questions about this disclaimer can be sent via the contact page.