The Rules of Engagement

Legal Disclaimer & Risk Manifesto

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Most people skip this page. That is a mistake. This page defines the boundary between the Information we provide and the Action you take. By reading this site, you agree to the following terms of reality.

Trading financial markets (Forex, Crypto, Indices, Stocks, Commodities) involves a substantial risk of loss and is not suitable for every investor. The valuation of financial assets may fluctuate, and as a result, clients may lose more than their original investment.


1. Education vs. Financial Advice

The Traders' Light is an educational platform. We are a library, not a financial advisor. We provide maps; we do not drive the car.

What We Do

  • We teach technical analysis concepts (Support, Resistance, Indicators).
  • We explain risk management mathematics (R:R, Position Sizing).
  • We discuss trading psychology and discipline.
  • We analyze historical market data to show patterns.

What We DO NOT Do

  • We do not tell you what to buy or sell.
  • We do not tell you when to enter or exit.
  • We do not manage your money.
  • We do not guarantee any specific result.

Any content on this website, including articles, charts, emails, or social media posts, is the personal opinion of the authors and is for informational and educational purposes only. It should never be construed as investment advice.

2. The Reality of Risk (Leverage Kills)

Trading on margin (leverage) carries a high level of risk. Leverage works against you as much as it works for you. A 100:1 leverage means a 1% move against you wipes out 100% of your margin. Leverage is not a gift from your broker; it is a loaded weapon.

The Leverage Warning

Before deciding to trade foreign exchange or other financial instruments, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, do not invest money that you cannot afford to lose.

What "Risk Capital" Really Means

Risk capital is money that, if lost completely, would not affect your quality of life. It is not your rent money, not your emergency fund, not your children's education savings. If losing this money would cause you financial stress, emotional distress, or relationship problems, it is not risk capital. Trading with scared money is a recipe for emotional decision-making and inevitable failure.

3. No Guarantees of Profit

There are no guarantees in trading. None. Zero. Anyone who promises you guaranteed returns is either deluded or lying.

Past performance is not indicative of future results. Just because a strategy worked in 2020 does not mean it will work in 2026. Markets change. Volatility shifts. Correlations break. Central banks change policies. Black swan events happen. The only constant in markets is change.

Any performance results listed on this site or in our materials are often hypothetical. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.

The Survivorship Bias Problem

When you see successful traders online, you are seeing the survivors. For every trader showing off profits, there are hundreds who lost everything and disappeared quietly. Do not confuse visibility with probability. The traders who failed are not posting their losses on Instagram. This creates a distorted picture of how easy it is to succeed in trading.

4. The "Agency" Problem

You are the sole CEO of your trading business. You are responsible for every click. No one else will take the blame when things go wrong, and no one else deserves the credit when things go right.

5. Third-Party Links & Affiliates

This website may contain links to other websites (brokers, charting tools, prop firms) or content belonging to or originating from third parties.

Such external links are not investigated, monitored, or checked for accuracy, adequacy, validity, reliability, availability, or completeness by us. We do not warrant, endorse, guarantee, or assume responsibility for the accuracy or reliability of any information offered by third-party websites linked through the site.

Affiliate Disclosure: Some of the links on this website may be affiliate links. This means if you click on the link and purchase an item or sign up for a service, we may receive an affiliate commission at no extra cost to you. We only recommend products or services we believe will add value to our readers.

6. Acceptance of Terms

By using this website, you signify your acceptance of this disclaimer. If you do not agree to this disclaimer, please do not use our website. Your continued use of the website following the posting of changes to this policy will be deemed your acceptance of those changes.

Final Word

Trading is the hardest way to make easy money. If you are looking for certainty, put your money in a savings account. If you are looking for opportunity, welcome to the chaos.