Legal
Risk Disclosure
Last updated October 13, 2026
Important Notice
Trading securities involves substantial risk of loss. You can lose some or all of the capital you commit to trading.
NMFR Trading tools, indicators, calculations, information, and educational materials cannot eliminate trading risk.
NMFR Trading is owned and operated by Braun Capital.
1. Trading Involves Risk
Trading securities and other financial instruments involves significant financial risk.
The value of securities can move rapidly.
You may lose:
- Part of your trading capital.
- All of your trading capital.
- More than your initial deposit in certain margin or leveraged situations.
Only risk money that you can afford to lose.
Money required for essential expenses should not be exposed to speculative trading risk.
This may include money needed for:
- Housing
- Food
- Healthcare
- Taxes
- Debt payments
- Emergencies
- Retirement
- Other necessary expenses
2. No Guarantee of Results
Neither Braun Capital nor NMFR Trading guarantees that:
- A strategy will make money.
- An indicator will accurately predict price movement.
- An alert will produce a profitable trade.
- A setup will repeat.
- A calculator will prevent losses.
- A market signal will result in favorable execution.
- NMFR Trading will improve your performance.
No trading methodology can predict future market movements with certainty.
3. Leverage and Margin Risk
Margin and leverage significantly increase financial risk.
Leverage can amplify both gains and losses.
An adverse market move may result in:
- Large losses
- Margin calls
- Forced liquidation
- Reduced buying power
- Losses exceeding available cash
- Additional obligations to your broker
Brokerage firms may change margin requirements without notice.
Neither Braun Capital nor NMFR Trading controls your broker’s margin rules.
4. Market Volatility
Financial markets can move quickly and unpredictably.
Prices may be affected by:
- Earnings reports
- Economic releases
- Federal Reserve actions
- Interest rates
- Political events
- Geopolitical events
- Company news
- Analyst reports
- Institutional trading
- Liquidity
- Trading halts
- Market-wide volatility
- Unexpected events
During volatile periods, a market price may move through your intended stop price or target without executing at the expected level.
5. Technology and Execution Risk
Electronic trading involves technology risk.
Examples include:
- Internet outages
- Broker outages
- Exchange outages
- Delayed quotes
- Stale data
- Software errors
- API failures
- Browser failures
- Device failures
- Data-provider interruptions
- Incorrect calculations
- Delayed alerts
- Failed orders
- Duplicate orders
- Partial fills
- Slippage
Braun Capital and NMFR Trading do not control your broker, securities exchanges, market makers, internet providers, data providers, or third-party market infrastructure.
An alert, calculation, notification, or display within NMFR Trading is not confirmation that a securities transaction has occurred.
Always verify order status directly with your brokerage firm.
6. User Responsibility
You are solely responsible for every trading decision you make.
Before entering a trade, you should independently evaluate:
- Entry price
- Position size
- Stop level
- Target
- Liquidity
- Volatility
- Account size
- Buying power
- Margin requirements
- Maximum acceptable loss
Do not rely exclusively on NMFR Trading when making financial decisions.
7. Educational and Informational Use Only
NMFR Trading provides educational, informational, analytical, and software tools.
Nothing provided by Braun Capital or NMFR Trading should be interpreted as:
- Investment advice
- Financial advice
- Brokerage advice
- Tax advice
- Legal advice
- A personalized trading recommendation
- An offer to buy securities
- An offer to sell securities
- A solicitation to engage in a securities transaction
References to stocks, strategies, setups, indicators, price levels, market conditions, or trading ideas are provided for informational or educational purposes.
8. Acknowledgment of Risk
By using NMFR Trading, you acknowledge that:
- Trading involves substantial financial risk.
- Trading losses are possible.
- Past performance does not guarantee future performance.
- Simulated performance does not guarantee live results.
- Technology can fail.
- Market information may be inaccurate.
- Market information may be delayed.
- No NMFR Trading tool guarantees profitability.
- You are responsible for every trade you place.
You voluntarily accept the risks associated with trading and using NMFR Trading.