By The Books applies classical chart-analysis theories from published books to a paper-trading simulation. All content on this site — including pattern signals, scan results, scores, virtual account data, and any commentary — is intended solely for educational and research purposes. Nothing on this site constitutes financial advice, investment advice, trading advice, or any other form of professional advice. You should always consult a qualified financial professional before making any investment decision.

Pattern detections, entry signals, stop levels, price targets, and risk/reward ratios generated by this site are algorithmic outputs derived from documented rules in published works on technical analysis. They do not represent recommendations, solicitations, or offers to buy, sell, or hold any financial instrument. The presence of a trade signal or a pattern match is not an endorsement of any particular instrument or strategy.

All trading activity shown on this site — including virtual account balances, P&L figures, win rates, open positions, and closed trade records — reflects a paper-trading simulation using hypothetical capital. No real money is invested at any time. Simulation results are produced under idealised conditions and are not indicative of results that could be achieved with real capital in live markets.

Use of this site does not create a fiduciary, advisory, broker-client, or any other professional relationship between you and the operator. The operator is not a registered investment adviser, broker-dealer, commodity trading adviser, or financial planner in any jurisdiction.

Historical win rates, P&L figures, and other performance metrics displayed on this site are derived from a paper-trading simulation and carry no predictive or indicative value for future real-money performance. Past performance in a simulated environment is not indicative of, and does not guarantee, future results in any environment.

You assume sole and full responsibility for any investment or trading decisions you make, including any resulting gains or losses. The operator is not liable for any financial losses, missed opportunities, or other damages arising from your use of, or reliance on, any information presented on this site. By accessing this site you acknowledge that you have read, understood, and accepted these terms.

Market data displayed on this site is sourced from third-party providers (including Databento and Tastytrade) and may be delayed, incomplete, or inaccurate. The operator makes no representations or warranties — express or implied — regarding the accuracy, completeness, or timeliness of any data displayed, and accepts no responsibility for errors or omissions in such data.

To the fullest extent permitted by applicable law, the operator disclaims all liability for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or in connection with your use of this site. This includes, without limitation, trading losses, data errors, system downtime, and any reliance on information presented herein. This disclaimer applies regardless of the theory of liability and even if the operator has been advised of the possibility of such damages.

Book titles, author names, and theoretical concepts are referenced on this site for educational and research purposes only. This site is not affiliated with, endorsed by, sponsored by, or in any way connected to any author, publisher, or rights holder cited. All references to third-party works are made under principles of fair use for commentary and research.