Legal notice and disclaimer

1. Who operates this site

teofilonava.com (the “Site”) is the personal website of Teófilo Nava (the “Author”). References to “we”, “us” or “the Site” mean the Author. You can reach the Author through the contact form.

2. General information and education only

All content on the Site — including trades, charts, results, articles, posts, videos, the books and any reply sent by email, WhatsApp or other channel — is provided for general informational, educational and entertainment purposes only. It reflects the Author’s personal opinions at the time of publication, which may change without notice.

The content is not investment, financial, trading, legal, tax, accounting or any other professional advice. It does not take into account your objectives, financial situation, risk tolerance, knowledge or needs. Do not treat it as a substitute for advice from a licensed professional who knows your circumstances.

3. No advisory, fiduciary or professional relationship

The Author does not act, and does not hold himself out through this Site, as your investment adviser, broker-dealer, futures commission merchant, introducing broker, commodity trading advisor (CTA), commodity pool operator (CPO), financial planner, attorney, accountant or tax adviser. Nothing on the Site should be read as a service that would require registration with the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA), the Financial Industry Regulatory Authority (FINRA), any state regulator or any regulator of another country.

Using the Site, creating an account, commenting, or writing through the contact form does not create an adviser-client, attorney-client, fiduciary or any other professional relationship, and the Author owes you no duty of care, loyalty or suitability.

4. No offer, solicitation or recommendation

Nothing on the Site is an offer to sell, a solicitation of an offer to buy, or a recommendation of any security, futures contract, option, swap, digital asset, fund, managed account, trading system, signal service or other financial product or service, in any jurisdiction. The Author does not accept funds for management through this Site and does not trade on behalf of visitors.

The Site is not directed at any person in any jurisdiction where its publication or availability would be unlawful or would require a registration or licence the Author does not hold. If that applies to you, do not use the Site.

5. Risk of trading futures and leveraged products

Trading futures, options on futures and other leveraged instruments involves substantial risk of loss and is not suitable for every person. Leverage magnifies both gains and losses; you can lose all of the money you deposit and may be required to pay more. Only risk capital — money you can afford to lose without affecting your financial security or lifestyle — should be used. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other circumstances.

6. Performance and results

Past performance is not necessarily indicative of future results. The trades published on the Site are the Author’s own. They are shown as a record of what the Author did, not as a model to follow. They are not typical, not representative of what any other person will experience, and no representation is made that any account will or is likely to achieve profits or losses similar to those shown. Published results may omit commissions, fees, slippage, taxes or other costs unless stated, and may contain errors.

Where a trade is labelled “Simulated”, or where any result is hypothetical, the following applies (CFTC Rule 4.41):

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

7. Testimonials and third-party opinions

Any testimonial, comment or opinion from a reader or user reflects only that person’s experience, may not be representative of others, and is not a guarantee of future performance or success.

8. Positions and conflicts of interest

The Author may hold, buy or sell positions in the instruments mentioned on the Site, before or after publication and without notice, including positions contrary to an opinion expressed. The Author is the author of the books promoted on the Site and benefits from their sale. Links to stores such as Amazon lead to third-party sites.

9. Accuracy; no warranties

The Site and its content are provided “as is” and “as available”, without warranties of any kind, express or implied, including accuracy, completeness, timeliness, merchantability, fitness for a particular purpose and non-infringement. Market data, prices, images and illustrative charts may be delayed, incomplete, simplified or wrong. Content may become outdated and the Author has no duty to update it.

10. User content

Posts, comments, images and profiles published by registered users belong to and are the sole responsibility of their authors. They are not reviewed for accuracy, do not represent the opinion of the Author and are not endorsed by him, even when moderated. To the fullest extent permitted by law, including 47 U.S.C. § 230, the Author is not the publisher or speaker of, and is not liable for, content provided by users. See the Terms and community rules.

11. Contact form

The contact form asks for information such as your investing experience, a net-worth range and your country of tax residence only to give context to your message. It is not an account application, a suitability or accredited-investor assessment, or an invitation to invest. Do not send confidential, privileged or sensitive information. Any reply is general in nature and subject to this notice.

12. Limitation of liability

To the fullest extent permitted by applicable law, the Author shall not be liable for any direct, indirect, incidental, consequential, special, exemplary or punitive damages, or for any trading or investment loss, lost profits, lost data or business interruption, arising out of or related to the Site, its content, user content or any decision made in reliance on them, whether based on contract, tort, negligence, strict liability or any other theory, even if advised of the possibility of such damages. Where liability cannot be excluded, it is limited to the greatest extent permitted by law.

You agree to indemnify and hold the Author harmless from claims, losses and expenses (including reasonable attorneys’ fees) arising from your use of the Site, your content, or your breach of this notice or the Terms.

13. Intellectual property

The texts, design, logos, books and original images of the Site belong to the Author or are used under licence. You may share links and brief quotations with attribution; any other reproduction requires written permission.

14. International use and governing law

The Site is hosted in the United States. If you access it from elsewhere, you do so on your own initiative and are responsible for complying with your local laws. This notice is governed by the applicable laws of the United States of America and of the state of the Author’s domicile, without regard to conflict-of-law rules. Nothing in this notice limits rights that the mandatory law of your country of residence grants you as a consumer and that cannot be waived.

15. Changes; severability; language

This notice may be updated at any time; the date above shows the latest version, and continued use of the Site means you accept it. If any provision is held unenforceable, the remainder stays in effect. This notice is published in Spanish and English; in case of discrepancy the Spanish version prevails.