Conflict of Interest & Risk warning
Stock trading puts your financials at risk! Especially if you don’t follow a sensible approach or lack trading experience. Please read our risk warning before engaging with the stock market and/or joining one of our charged trading services.
Definition of conflicts of interest:
The following conflicts of interest* can generally occur within the weekly Thweis market letter or the situtational stock ideas published by the Thweis UG (haftungsbeschränkt) on www.thweis.com.
- Thweis UG (haftungsbeschränkt) is holding a stock position in the featured company at the time of creation of this stock idea in the direction (long or short positions) of the latest live signal.
- The creator (Issuer of the stock idea) or a person contributing to the creation of this stock idea is holding a stock position in the featured company at the time of creation of this stock idea in the direction (long or short positions) of the latest live signal.
- Thweis UG (haftungsbeschränkt) or the creator (Issuer of the stock idea) or a person contributing to the creation of this stock idea is not holding a stock position of the presented company against the direction of the latest live signal.
*:The numbering of the conflicts of interest in this list corresponds to the numbering shown in the table “Disclosure of conflicts of interest” (column “Conflicts”).
An increase in the price of the shares of the companies presented may lead to an increase in the assets of Thweis UG (haftungsbeschränkt) and its employees. This results in a conflict of interest.
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 the same stock ideas which we also consider actionable in order to learn and understand our process of picking stocks. The goal of the service provided by Thweis UG (haftungsbeschränkt) is of 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 members to identify favourable trading ideas themselves. Paying members read and agreed to this conflict of interest during the registration process.
We expressly point out that the published stock ideas are not financial analyses according to German capital market law. We are traders and not investors! Nevertheless, we publish existing conflicts of interest on a voluntary basis in the interest of maximum transparency towards our paying customers.
An Honest Risk Warning
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 (>95%) of traders lose money and many quite 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 stockmarket since 2009. We believe that all trading is high risk and we willingly accept and embrace
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.
If you choose to apply the methodologies and techniques explained and taught at www.thweis.com and @Thweissxfx on Twitter.com you do so at your own risk.