Legal Risk Disclaimer – Haftungsausschluss
Trading real money in the financial markets put your finances at risk. We make that clear openly on Thweis.com.
Legal Risk Disclaimer
This legal disclaimer was last updated on: Saturday, January 1st, 2022
This is Thweis’ (also referred to as “We”; “Us”; “Thweis UG”) extended legal disclaimer for https://thweis.com (also called “Website”) and https://twitter.com/ThweisSXFX (also called “Twitter”) which extends the general disclaimer in our Terms of Service by providing users(also referred to as “You”; “Customers”; “Members”; “Visitors”) more detailed information regarding the risks related to financial products and financial services.
If you require more information or have any questions about our site’s disclaimer, please feel free to contact us by email at contact(at)thweis.com
Special admonition for services related to trading of financial products
Neither Thweis nor its legal representatives and employees are registered financial advisors. We therefore recommend that clients contact their personal financial advisor before making certain transactions and investments related to the trading of financial products themselves.
All technical analyses, opinions, prices, market comments, charts, remarks (hereinafter referred to as “information”) provided by Thweis are given in the form of remarks or comments in a general and non-binding manner. All the information on this website and our Twitter feed is published in good faith and for general educational purpose only and is not to be understood as an offer, consultation or mediation for the purchase or sale of CFDs / FOREX / Common Stock or the opening of a trading account with a broker or account for trading or automated trading.
The information published on Thweis’ websites may not contain all the information necessary to make a decision. WhileThweis obtains information from sources it deems trustworthy,Thweis does not make any warranties or a guarantee regarding the completeness, quality, usefulness,truthfulness, reliability,availability, and accuracy of this information. Users who make investment decisions based on an article or social media post by Thweis do so strictly at their own risk.
We assume no liability for any losses and/or damages in connection with the use of our website. The information does not constitute financial advice or financial analysis within the meaning of the German Securities Trading Act (Wertpapierhandelsgesetz WpHG) and cannot replace such advice or analysis.
Any investment in securities such as common stocks, or derivatives such as CFDs and FOREX is not only associated with opportunities, but also with considerable risks. The high profit opportunities are offset by correspondingly high risks of loss. Due to political, economic or other changes or unpredictable events, considerable price losses up to the total loss of the invested capital or even beyond it, can occur. Being aware of this risk is crucial and we insist that potential customers read and consent to this legal risk disclaimer (including our honest risk warning in plain language further down on this page) during the registration process.
Past returns and performance data, especially in the FOREX area (so-called back tests), are no guarantees for future developments. Markets can fall and rise, mostly unpredictably.
An investment decision may not only be made on the basis of the contents of this website or our signals by email. Your own research must be carried out and independent advice from your personal financial advisor should be obtained. The information and more specifically the watchlists and stock ideas we provide are not a recommendation to buy/sell and do not constitute a suitable investment for anyone other than us. All the information is to be understood as educational information with the purpose to assist you in developing your own trading method/process.
From our website, you can visit other websites by following hyperlinks to such external sites. While we strive to provide only quality links to useful and ethical websites, we have no control over the content and nature of these sites. These links to other websites do not imply a recommendation for all the content found on these sites. Site owners and content may change without notice and may occur before we have the opportunity to remove a link which may have gone ‘bad’.
A responsibility over the contents and the offers made there (products and services) of the linked sides can likewise not be taken over and is excluded. Any action you take upon the information you find on this website (thweis.com) and our Twitter Profile (twitter.com/thweissxfx), is strictly at your own risk. We will not be liable for any losses and/or damages in connection with the use of our website.
Please be also aware that when you leave our website, other sites may have different privacy policies and terms which are beyond our control. Please be sure to check the Privacy Policies of these sites as well as their “Terms of Service” before engaging in any business or uploading any information.
Content and Data Provided by Third Parties
Stock quotes, charts, news, market update, portfolio tracking, historical and other information on thweis.com and twitter.com/thweissxfx are provided by third-party data providers. Daily updates are subject to market fluctuations and are based on the latest quotes received from third-party data contributors. Such quotes are not necessarily real time and may be delayed (typically this delay is 20min). Market quotes and certain other information on this Website, as well as reference materials or links to other sites, are for general informational purposes only, and are not intended to be relied upon for transactional purposes. Neither Thweis nor any of its data or content providers shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Disclosure of Conflicts of Interest
Furthermore, we declare that we trade in financial instruments ourselves and may be invested in the same derivatives / shares / funds that are published on our website. An increase in the price of the shares of the companies featured in our stock ideas service may lead to an increase in the assets of Thweis UG (haftungsbeschränkt) and its employees. This results in a conflict of interest which we disclose to our paying members openly. At no time are we going to hold a stock position of the presented company against the direction of the latest live signal.
It is in the essence of the educational service provided by the Thweis UG (haftungsbeschränkt) that we publish stock trading ideas in stocks which we would also consider actionable in our private trading accounts. Members of our service explicitly want to be provided with such stock ideas in order to better understand and learn our process of picking stocks. The goal of our service is of strictly educational nature and not being able to share the ideas which we consider actionable would collide with this intention to educate and may disturb the mutual trust between our customers and us. Our intention is to teach visitors and paying members to be able to identify favourable trading ideas themselves. Paying members have to consent to this conflict of interest during the registration process. We only publish ideas which fulfill our basic fundamental quality requirements. This means that we don’t engage with thin or illiquid stocks which are prone to price manipulation.
We expressly point out again that the published stock ideas or any information provided in our weekly Market Letter is NOT considered financial analyses according to German capital market law. We are also not considered an Investment Services Company (Wertpapierhandelsunternehmen) by the German Federal Financial Supervisory Authority (BaFin) and have no legal obligation to disclose potential conflicts of interest in the context of § 63 Abs. 2 German Securities Trading Act (Wertpapierhandelsgesetz WpHG).
Nevertheless, we publish existing conflicts of interest on a voluntary basis in the interest of providing maximum transparency towards our paying customers.
An honest risk warning for potential customers
The stock market is the most competitive environment you can possibly imagine and engage with. Money in the markets is not created, it is only redistributed from the bulk of losing participants to a small number of winning participants. Most traders lose money and many quit the markets altogether after losing all of their funds over a short period of time. It is paramount to only trade with money you can afford to lose. When you decide to engage with the markets for the first time the odds will not be in your favour and you will likely experience substantial financial losses or possibly a complete loss of your starting capital early on. Most traders (including us) learn it the hard way. You have to be aware of the risks and you must always work on reducing that risk in order to survive the steep learning curve of becoming a profitable trader.
If you do not understand the risk associated with trading (especially with the use of leverage), then you should consult an independent financial adviser immediately BEFORE you start trading real money in the markets.
We at Thweis are self-taught private traders and NOT financial advisors. We never had any professional training in trading. While we both have an academic degree, we do not have an MBA in economics nor do we have any professional background in finance at all. We just share our self-taught and hard learned knowledge which we acquired through trading our own money in the stock market since 2009. We believe that all trading is high risk and we willingly accept and embrace that risk!
There is no guarantee that our methodologies, techniques and stock ideas work for you as they work for us. If you choose to trade the markets independently by following our guidance and by adopting our methodologies and ideas, first give reasonable thought and consideration to your actions and their potential consequences. One such consequence is the complete loss of your trading capital. You are responsible for your actions and you trade at your own risk at all times. Do not blame others!
We believe that successful trading is similar or equal to mastering a sophisticated profession, professional sports or any similar competitive endeavour. Without the accumulation of quality and guided practice over many years you will not stand a chance against the more seasoned and experienced market participants. You simply don’t have the skills early on and you must not confuse intrinsic talent with skill.
Your goal as a trader should be to develop a small edge over time. This edge can be seen as a small statistical advantage which will allow you to trade in a way that your gains exceed your losses over a large amount of individual trades thus creating a positive profit expectancy. Losing streaks will happen and will create large equity drawdowns. The outcome of individual trades can’t be predicted.
Every trader has an individual risk allowance and must make sure to only risk an amount he is truly willing to lose. We at Thweis understand that each trade can fail and create a loss. We cope with this risk by applying techniques which suit our personality.
With the use of our homepage / service / information you accept that we expressly assume no liability. If you choose to use/apply our CFDs/FOREX/STOCK trading signals and techniques on thweis.com or twitter.com/thweissxfx to trade independently, you are responsible for this yourself and do so at your own risk.
By using our website, you hereby consent to this additional legal disclaimer and agree to its terms.
When you buy a subscription plan on our website you are explicitly asked to consent to this legal disclaimer via checkbox in the registration form.