Risk Disclosure

Tessarum Capital ("Tessarum," "we," "us") provides systematic trading signals and research for informational purposes only. Nothing on this site or delivered through the dashboard or email constitutes personalized investment advice, a recommendation to buy or sell any security, or an offer to manage assets on your behalf. Tessarum is not a registered investment adviser, broker-dealer, or commodity trading advisor in any jurisdiction.

Leveraged ETF risk

Several strategies trade leveraged ETFs (e.g., 2x/3x products such as TQQQ, SSO, TMF). These instruments reset daily and are subject to volatility decay: their returns over periods longer than one day can differ substantially, and in adverse conditions catastrophically, from the corresponding multiple of the underlying index's return over the same period. Leveraged products can lose most or all of their value, including in sideways or choppy markets.

Backtested performance

Performance figures shown for periods before a strategy went live are backtested and hypothetical. Backtested results are prepared with the benefit of hindsight, are subject to model and data-selection bias, and do not reflect actual trading, slippage, liquidity constraints, or taxes. Past performance, whether actual or backtested, is not indicative of future results. There is a material risk of loss in any leveraged trading strategy, up to and including the entire amount invested.

No fiduciary relationship

Subscribing to a Tessarum signal does not create an advisory or fiduciary relationship. You are solely responsible for your own investment decisions, including whether and how to act on any signal, and should consult a licensed financial or tax advisor before making investment decisions.

No guarantee

Tessarum makes no representation or warranty, express or implied, that any strategy will achieve its objective, generate profit, or avoid loss. Signal delivery may be delayed or interrupted by data-provider outages, market data errors, or technical failure; Tessarum is not liable for losses arising from such interruptions.