1.Educational research only
Dataurora is an educational research product that publishes the results of algorithmic, quantitative analysis. Nothing on this site constitutes investment, financial, legal, or tax advice, nor is it a solicitation, offer, or recommendation to buy, sell, or hold any security or other financial instrument.
2.No regulatory licence
Neither the Operators (Angelina Trofimova, Alevtyna Vasiutina) nor any party associated with Dataurora hold a licence from the Polish Financial Supervision Authority (Komisja Nadzoru Finansowego, KNF) or any equivalent authority in another jurisdiction. We do not provide investment advisory services within the meaning of the Polish Act on Trading in Financial Instruments or Directive 2014/65/EU (MiFID II).
3.No fiduciary relationship
Reading content on this site or otherwise interacting with Dataurora does not create a client, advisor, fiduciary, or agency relationship between you and the Operators.
4.Past performance and backtests
- Past performance is not indicative of future results.
- Backtests shown on this site are simulations performed on historical data with monthly rebalancing. They exclude commissions, slippage, bid-ask spreads, taxes, and the practical effects of position sizing on a real account.
- Walk-forward and out-of-sample methodology mitigates but does not eliminate look-ahead bias, survivorship bias, or selection bias inherent to any quantitative process.
- Live results may differ materially, including in direction.
5.Paper trading
"Live" performance shown on this site is generated from a paper trading account at Interactive Brokers. Paper accounts use real-time market data but simulate fills; actual fills under live capital are likely to be worse due to slippage, partial fills, and order routing differences.
6.Forward-looking statements
Methodology descriptions, planned strategies, and product roadmap items contain forward-looking statements based on current intent. We make no commitment to launch, maintain, or perform consistent with any such description. Forward-looking statements are not promises.
7.Your responsibility
Investment decisions are yours alone. You should consult a licensed financial advisor and conduct your own due diligence before making any decision based on or related to content on this site. You bear full responsibility for any losses arising from such decisions.
8.No warranty, no liability
Content is provided "as is" without warranty of any kind, express or implied, including accuracy, completeness, timeliness, or fitness for a particular purpose. To the maximum extent permitted by law, the Operators disclaim all liability for any direct, indirect, incidental, consequential, or special damages arising from your use of this site.
9.Jurisdiction
Content is published from Poland and is primarily intended for users in the European Union. It is not directed at, and should not be relied upon by, persons located in jurisdictions where its distribution would be contrary to local law.
10.Contact
Questions about this disclaimer: contact@dataurora.io.