// Legal

Disclaimer & methodology

Not investment advice

BelFed Analytics is a research and education service. All content — trade ideas, market commentary, performance reports — is published for informational and educational purposes only. Nothing on this site constitutes investment advice, a recommendation, or an offer to buy or sell any security or digital asset. We are not registered investment advisors. You are solely responsible for your own trading decisions.

Risk warning

Trading stocks, crypto, and other financial instruments carries substantial risk of loss. You can lose more than your initial capital. Past performance does not guarantee future results. Only risk capital you can afford to lose.

Performance methodology

Performance is reported in R-multiples — risk-adjusted units where 1R equals the dollar amount risked from entry to stop on a given trade. A trade that hits its stop is recorded as −1R; a trade that hits target at 3x risk is recorded as +3R.

• Returns shown (e.g. +85.96R) are cumulative R across all closed trades for the period.
• Win rate is closed-trade-based: trades closed at a positive R are wins.
• Open positions are not included in the cumulative R until they close.
• R-based reporting is independent of position size — actual dollar returns will vary based on the risk-per-trade you choose.

No guarantee

Hypothetical or simulated performance has inherent limitations. Even live, audited records do not guarantee that future trades will perform similarly. Markets change. Slippage, execution timing, fees, and your own risk-per-trade choices will materially affect your real results.

Forward-looking statements

Any forward-looking statements about markets, prices, or strategies are opinions, not predictions. They may turn out to be wrong.

Affiliations and conflicts

BelFed Analytics or its principals may hold positions in instruments discussed. We may enter or exit those positions at any time, including before publishing related ideas.

Jurisdiction

Content is provided to a global audience. Some products or content may not be available or appropriate in every jurisdiction. You are responsible for complying with the laws applicable to you.

Contact

Questions? Reach us via our Telegram bot @BelfedBot.