Risk Disclaimer

Trading in futures and options involves substantial risk of loss and is not suitable for every investor. You can lose more than your initial capital. Do not trade with money you cannot afford to lose.

Educational content, not advice

papersworth.com is not a SEBI-registered investment adviser or research analyst. Products sold here are educational material and software engineering services — not advisory, signals, tips or portfolio management.

Nothing on papersworth.com — including calculators, strategy products, blog posts, or custom development services — constitutes investment advice, a recommendation to buy or sell any security or derivative, or a solicitation to trade. All decisions you make in your trading account are yours alone.

Backtested performance

Backtested results are hypothetical, generated by applying rules to historical data. They do not represent actual trading, do not account for all market conditions, and do not guarantee future performance. This is educational content, not investment advice. Capital deployed in derivatives is at risk of substantial loss.

Backtests are subject to survivorship bias, look-ahead bias, and assumptions about execution, slippage and costs that may not hold in live markets. Where a strategy page publishes backtest statistics, the assumptions used are stated alongside the numbers.

Strategy products and services

Strategy products sold on this site are educational material (a methodology document, video content and open-source code) and, for the done-for-you tier, software engineering and deployment services. They are not portfolio management. papersworth.com never holds your funds, never places discretionary trades on your behalf, and never guarantees any outcome. Any system deployed for you runs on your infrastructure, under your broker account, at your sole risk and control.

Tools and calculators

Calculators are provided on a best-effort basis. Exchange rates, statutory charges and tax rules change; verify any output against your broker's contract note and a qualified professional before relying on it.

Questions about this disclaimer: hello@papersworth.com