Risk disclaimer

Please read this before you buy or use the Academy.

Education only

Everything on this site and in the Academy is general education. It is not investment, financial, legal or tax advice, and it is not a recommendation or solicitation to buy or sell any security, option or other product. None of it considers your goals, finances or risk tolerance.

Not a registered adviser

Floretta LLC and the author are not registered as investment advisers, broker-dealers or commodity trading advisors. Buying the Academy does not create an advisory relationship. For advice about your own situation, talk to a licensed professional.

Trading carries real risk

• Trading stocks and options involves substantial risk of loss and isn't suitable for every investor. Only trade with money you can afford to lose.
• Options can expire worthless, and you can lose the entire amount you pay for them. Short-dated options, including same-day (0DTE) contracts, can lose value very quickly.
• Leveraged and inverse ETFs, margin and short selling can produce losses larger than you expect.
• Prices can gap past a planned exit, so a stop or exit plan does not cap your loss.

Before trading options, read Characteristics and Risks of Standardized Options, published by the Options Clearing Corporation.

Examples are illustrations

Tickers, charts, prices and calculations in the guides are there to explain an idea. Many are historical or hypothetical. They are not recommendations and not a record of anyone's trading results. Hypothetical examples have limits: they're built with hindsight and don't reflect real costs, slippage or emotion. Past performance doesn't guarantee future results.

Positions

The author may own, buy or sell securities that are mentioned in the guides.

Accuracy and third parties

We work to keep the guides accurate, but markets, rules, broker features and fees change. Check important details with official sources. Mentions of brokers, websites or tools are examples, not endorsements. If a link ever earns us a commission, we'll say so next to it.

No guaranteed results

We don't promise that the Academy will make you money or prevent losses. Your results depend on your own decisions, circumstances and the market.