Risk Disclosure

Education only

Our books, workbooks, calculators, and website are provided for educational and informational purposes. Nothing in them is financial, investment, trading, tax, or legal advice, and none of it is a recommendation to buy, sell, or hold anything. We do not know your finances or goals. Speak with a licensed professional before you make financial decisions.

You can lose money, including all of it

Trading prediction contracts, futures, options, and similar products carries a substantial risk of loss. A contract that settles at zero loses the entire amount paid for it. Do not commit money you cannot afford to lose.

Examples are hypothetical

Figures in our materials are hypothetical or illustrative unless they are clearly described as coming from real logged trades. We do not claim a track record. Hypothetical results have limits: they are built with hindsight and do not reflect real fills, fees, or the emotions of trading with real money. Past results, real or hypothetical, do not guarantee future results.

Our tools are aids, not answers

The workbook and calculators record and describe your own data and do arithmetic on your own inputs. A wrong probability estimate, price, fee, or multiplier makes every result wrong. They cannot tell you whether a trading idea has an edge. Confirm every detail of your platform, such as payout units, fees, settlement sources, strike rules, and tie handling, directly with your broker or platform.

Rules differ by place

Some products may be restricted or regulated where you live. You are responsible for knowing and following the rules that apply to you.

No affiliation

CouncilMinds is not a broker, an exchange, an investment adviser, or affiliated with any of them. Names of indexes, markets, and companies belong to their owners.

Your decisions are yours

You are responsible for your own trading decisions and their results. See also our Terms and License and Privacy Policy.

Last updated: October 2026