Important Risk Disclosure
Last Updated: November 2026 • Applicable to all NineWaves Academy programs, materials, and digital platforms.
Key Statutory Risk Statements
- Substantial Risk of Loss: Trading in financial markets, particularly futures and options (derivatives), involves substantial financial risk.
- Potential Capital Loss: Derivatives trading can result in significant losses, including the loss of the entire amount invested or more, depending on the position and applicable margin requirements.
- Educational Nature of Content: The educational content provided by NineWaves is intended solely to explain financial market concepts, trading methodologies, price action frameworks, and risk management principles.
- No Guarantees: NineWaves does not guarantee profits, returns, trading success, or protection against financial losses. We make no promise or claim of future profitability.
- Independent Evaluation: Students should understand the risks involved and independently evaluate their financial decisions. Trading decisions must be made solely by the individual trader based on their own risk tolerance and financial situation.
- No Investment Advice: Educational examples and demonstrations should not be treated as recommendations to buy, sell, or trade any security or derivative contract.
1. SEBI Study Findings on Derivatives (F&O) Trading
According to the study published by the Securities and Exchange Board of India (SEBI) dated January 25, 2023, regarding individual retail traders dealing in equity Futures and Options:
NineWaves strongly emphasizes that retail derivatives trading is not a get-rich-quick scheme or a reliable source of regular income.
2. Pure Educational Institute — No Advisory or PMS
NineWaves Stock Market Academy is solely an educational training institute. We are not a SEBI-registered Investment Advisor (RIA), Research Analyst (RA), or Portfolio Management Service (PMS) provider.
We do not provide stock tips, buy/sell calls, target prices, guaranteed profit strategies, or trade copying services. All charting analysis, historical demonstrations, and live market observations conducted in classroom sessions or online rooms are purely for explaining theoretical concepts and educational methodology.
3. Nature of Simulated and Historical Examples
Past market performance, backtests, and historical case studies discussed in class do not represent or guarantee future market outcomes. Financial markets are subject to sudden shifts in liquidity, regulatory announcements, macroeconomic events, and execution slippage that cannot be predicted with certainty.
4. Contact & Campus Verification
If you have any questions about this Risk Disclosure or wish to discuss our curriculum scope: