Risk Disclosure
Trading futures and other financial instruments involves substantial risk of loss and is not appropriate for everyone. NIGEL KAVOR content is educational and informational, not individualized investment, financial, legal, or tax advice. Research results, examples, backtests, forward tests, simulated results, prop-account results, and personal experience do not guarantee future performance.
Trading Risk
Trading futures, options, forex, equities, and other financial instruments can result in substantial losses. Leverage can magnify both gains and losses, and losses can occur quickly. Depending on the instrument, account structure, broker, and applicable rules, losses may exceed the amount initially committed. Only risk capital you can afford to lose, and understand the product and rules before trading.
Education, Not Individualized Advice
NIGEL KAVOR publishes educational, informational, and research-oriented material. Nothing on this website, in email, on social media, in video, or in other NIGEL KAVOR material is intended as individualized investment, trading, financial, legal, or tax advice, or as an instruction to buy, sell, hold, or trade a particular financial instrument.
You are responsible for evaluating information in light of your own objectives, financial circumstances, experience, risk tolerance, and applicable rules. Consider obtaining advice from appropriately qualified professionals where needed.
Research, Backtests & Simulations
Historical research, backtests, simulations, hypothetical examples, and modeled results have inherent limitations. They may benefit from hindsight, assumptions, selected parameters, data quality, simplified execution, or conditions that differ from live trading. They may not fully reflect slippage, commissions, fees, liquidity, latency, psychological pressure, changing market conditions, or other real-world factors.
Past performance and historical relationships do not guarantee future results. A research status such as PASS, PROCEED, or similar language describes the evidence at that stage and should not be interpreted as a guarantee of profitability or future performance.
Forward Tests & Live Results
Forward testing and live trading provide different evidence from historical testing, but they do not eliminate risk or establish that future results will be similar. A profitable period can be followed by losses, and a strategy or market behavior can change over time.
Prop Firm & Evaluation Account Context
Results involving proprietary trading firms, evaluation programs, simulated-funded accounts, or rule-based trading programs may not be equivalent to results in a personally funded brokerage account. Program rules, payout requirements, drawdown limits, position limits, fees, account structures, and execution conditions can materially affect outcomes. When such results are discussed, the relevant context should be identified when material.
Personal Results & Examples
Nigel's personal trading results, payouts, losses, examples, screenshots, or experiences are not promises that another person will achieve the same or similar results. Individual outcomes depend on many factors, including skill, behavior, capital, risk management, execution, market conditions, and program or brokerage rules.
No Guarantee
No strategy, setup, tool, indicator, platform, research finding, or process presented by NIGEL KAVOR is guaranteed to produce profits or prevent losses. Evidence can improve the quality of a decision without removing uncertainty or risk.
The Standard
Make your own decisions. Understand the risk. Never risk money based solely on someone else's confidence—including ours.
Evidence Over Hype.