Risk
Trading and investing involve risk. This page summarizes important risks to consider before using any Belanger Trading research, education, tools, or member content.
Last updated: May 23, 2026
Policy details
Stock and options prices can move quickly because of earnings, news, economic reports, interest rates, sector rotation, liquidity, policy changes, geopolitical events, and broad market conditions.
A trade can move against you even when the underlying research process is sound.
Options are derivative instruments whose value can be affected by the underlying security, time to expiration, implied volatility, interest rates, dividends, liquidity, and market maker pricing.
Options may expire worthless. Spreads, short options, assignment, early exercise, and complex structures can add risks that are not obvious from a simple payoff chart.
Short-term trading can magnify the impact of timing, spread width, slippage, partial fills, platform outages, liquidity gaps, and emotional decision-making.
Earnings, FDA decisions, macro data, merger news, policy headlines, and analyst actions can produce overnight moves or fast intraday reversals.
Belanger Trading does not know your personal financial condition, objectives, experience, portfolio, income, risk tolerance, or tax situation.
You should decide your own position sizing, risk limits, exit rules, and suitability after independent review and, when appropriate, professional guidance.
Research notes, alerts, watchlists, flow data, dashboards, and tools are not substitutes for your own analysis and risk management.
You should understand a strategy before using it and should not trade money you cannot afford to lose.