Disclaimer

Stock Trader’s Handbook publishes general educational content about the stock market, technical analysis and trading. Please read this page before using the site.

Education only, not advice

Nothing on this website is investment, financial, tax or legal advice, and nothing is an offer or a recommendation to buy, sell or hold any security or to follow any strategy. The content does not take into account your objectives, finances or risk tolerance. Before making investment decisions, consider getting advice from a licensed professional.

Trading involves risk

Trading and investing in stocks involves risk, including the possible loss of all the money you invest. Strategies such as day trading, trading on margin and short selling carry additional risks, and losses can exceed your initial investment. Only trade with money you can afford to lose.

Past performance

Historical examples, including the stocks in the Model Book, are studied for educational purposes only. Past performance does not guarantee or predict future results. A pattern that preceded a big advance in one stock can fail in another.

Illustrations and examples

Chart diagrams in the lessons are illustrations drawn with made-up prices, not real market data. Worked examples use round numbers to show how a calculation works; they are not predictions.

Accuracy

We work to keep the content accurate and current, but we can’t guarantee it is complete, error-free or up to date. Market rules, fees and broker practices change. If you find an error, please let us know.

No professional relationship

Using this site, or contacting us, does not create an advisory or other professional relationship. We don’t answer questions about specific securities or personal investment decisions.