TapeFlow

Last updated: 2026-05-16

Data and Investment Risk Disclosure

Detailed risks in TapeFlow indicators, radar screens, charts, history, and example data.

Key summary

  • This page lists the places where a market-data product is easiest to misunderstand.
  • A chart can look precise while still being delayed, incomplete, mis-sourced, or unsuitable for a trade.
  • The biggest risks are freshness, source rights, calculation assumptions, example data, and rank interpretation.

1. Freshness risk

  • Markets close in different time zones and data sources update on different schedules.
  • Pages and APIs may be cached for performance, so source updates can take time to appear.
  • Demo or preview screens may show example data and should be distinguished from production market data.

2. Source risk

  • KRX, KOFIA, Stooq, Cboe, Naver Finance, and TradingView data can change, throttle, delay, or fail.
  • Official settlement values, screen-scraped values, and normalized chart values can differ.
  • Provider terms may restrict automated collection or redistribution.

3. Calculation risk

  • Ratios can be distorted when legs update at different times.
  • Market-cap concentration depends on issuer grouping, share classes, currency, and universe filters.
  • 52-week highs, turnover spikes, co-buying flows, and one-year winners are conditions, not recommendations.

4. Trading risk

  • Leveraged products, margin trading, futures, options, and unhedged FX exposure can produce severe losses.
  • Indicators can remain extreme longer than a trader expects.
  • Any trading decision based on TapeFlow remains the user's responsibility.

Revision history

Pre-deployment legal baseline

Version 2026-05-16.1 · 2026-05-16

Prepared the Privacy Policy, Terms of Use, Data and Investment Risk Disclosure, Data Sources and License Notice, and Contact page as the deployment baseline.