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Educational risk disclaimer

Educational content only.
Not financial advice.

The GEX Levels Indicator, the OptionFlow & OrderFlow Education Library, the free journal and every page of this site exist for education, study and market-context development only. The statements below apply in full and form part of the Terms of Service.

What this means

Nine things to be clear about.

Market-context tool only

The Indicator visualises option-positioning levels for discretionary review on your own chart. It is not an automatic trading system, an alert service or a strategy.

Educational content only

The Education Library, the free pages and everything we write are educational content, not financial, investment, tax or legal advice, and not instructions to trade.

No signals, no execution

Nothing we publish is a buy or sell signal, an entry or exit instruction, or an execution recommendation. We never place, manage or recommend trades.

Not a licensed adviser

We are not a registered or licensed investment adviser, broker, dealer or financial institution anywhere, and we owe you no fiduciary duty. If you need advice, consult a licensed professional in your country.

No guarantees, past is not future

No performance, profitability, win rate or outcome is promised or implied. Statistics about how levels behaved in the past, including our historical pages, are descriptive. Past structure does not predict future prices.

Third-party data, delays and outages

Levels depend on data from third-party providers and exchanges and on platforms we do not control. Data can be delayed, wrong, revised or missing, and the service can be interrupted. Never rely on a single source for a decision that matters.

Your responsibility, your jurisdiction

Trading involves substantial risk of loss and can exceed your deposit with leverage. You are responsible for your research, decisions, risk management, taxes, and for checking that trading these instruments and using such tools is lawful and suitable where you live.

Crypto, around the clock

Bitcoin and Ethereum levels are computed from Deribit option data. Crypto markets trade 24/7 with high volatility and thin books at times; the model zero-gamma carries a confidence flag for a reason. Read it as a regime marker, never as a line to trade.

Private journaling tool

The optional Trading Journal records the trades you enter and computes summary figures from your own inputs. It is private record-keeping, not a forecast, a performance promise, a signal or advice; every figure depends on what you provide.

The GEX Levels Indicator and the Education Library are provided for educational and informational purposes only. The Indicator is a market-context tool, not a signal service; the Library is educational content, not financial advice. Neither provides buy/sell signals, automated trading, investment advice or profit guarantees. Trading involves substantial risk of loss, and you remain responsible for your own decisions.

Related

Policies & documents.