Risk Disclosure and Not Financial Advice

Last updated: November 15, 2026. We may update this page; this date shows the current version.

Education only

Socratic Trading Academy publishes general educational material about how markets work. It is the same for every reader and is not tailored to anyone's finances, goals or situation. Nothing on this site, in our emails or from Ask Socrates is investment, trading, tax or legal advice, or a recommendation to buy, sell or hold anything. We do not give trade signals, trade calls, price targets or personal recommendations.

Risk of loss

Trading involves substantial risk of loss and is not suitable for everyone. Futures, options and other leveraged products can lose more than the amount deposited. Never trade with money you cannot afford to lose.

Examples, tools and past results

Charts, diagrams and worked examples are either constructed for teaching or historical illustrations, and each one is labeled. They are not trade ideas. Past performance, actual or hypothetical, is not indicative of future results. We do not make income or performance claims. Our calculators do arithmetic on the numbers you enter; they do not tell you what to trade and say nothing about how likely a trade is to work.

Ask Socrates

Ask Socrates is an automated site guide, not a human. It can be wrong. Check anything important against the named source, and see How Socrates works.

Sources and names

Facts come from named sources, linked where we use them (see Data sources). Exchange, index, product and company names are trademarks of their owners, used only to identify them. No affiliation or endorsement is implied (see Trademarks).

Free to use

Reading the site is free. Socratic Trading Academy sells nothing and earns no money from this site: no paid products, paid indicators or subscriptions, no advertising, no affiliate links and no sponsored content. We receive no payment from any broker, exchange, data vendor or prop trading firm.

Your decisions

You are responsible for your own trading and investment decisions. Consider your own circumstances and, where appropriate, talk to a licensed professional first.