Disclosures.
Last updated 7 September 2026
This is the page where we tell you the things that are easy to leave out. If anything anywhere else on this site seems to conflict with this page, this page is what we mean.
1. What Ohey Inc is
Ohey Inc publishes. Every trading evening its models rank a broad list of US names and publish one book, and every reader is shown the same one. We ask nobody a question about themselves.
You are a reader of a publication rather than a client of ours, and nothing here is written for one person. We do not know your circumstances, we do not ask, and nothing we publish takes them into account.
2. You can lose money
Investing puts your money at risk. You can lose money, including all of the money you put in. That is true of every portfolio described anywhere on this site, and it is true of the safest looking one.
Some specific ways it goes wrong:
- Markets fall, sometimes for a long time, and sometimes right after you buy.
- A single company can fail. A portfolio spread across many names lowers that risk but never removes it.
- A book can include short positions, where a rising price costs you money and the loss is not capped the way a normal purchase is. Short selling is not for everyone, and your broker must permit it.
- Trading has costs: commissions, the spread between the buying and selling price, borrowing costs on a short, and tax. Costs are certain. Everything else is not.
- You may not be able to buy or sell at the price you expected, especially in a fast or thin market.
- Being out of the market has a risk of its own, which is that you fall behind inflation.
Nobody at Ohey can promise you an outcome, and nobody at Ohey will try to. If you cannot afford to lose the money, do not put it at risk.
3. Every figure is hypothetical or paper, and none is a client track record
The only figures we publish are the public paper record at ringmaster.oheyinc.com/performance.html, labelled hypothetical, with the coin flip beside every win rate. Where we describe how a strategy behaved, in any document or any post, treat it as hypothetical or as paper trading.
- Hypothetical means a study. A study of how a set of rules would have behaved in the past is prepared with the benefit of hindsight. It carries no financial risk and it did not have to be lived through. It cannot capture everything a real account faces: costs, taxes, being unable to get a fill, and your own nerve.
- Paper means simulated orders. Paper trading places no real money and takes no real risk. A paper order is always filled. A real order is not.
- No customer track record exists. Nothing you see is a record of money any reader of ours actually ran.
- The past does not tell you what will happen next. A strategy that behaved one way before can behave differently, and worse, in the future.
4. Built by models
One set of rules runs every evening and produces one book, and every reader is shown the same one. It is one hundred percent software. No human at Ohey looks at anybody's file and adjusts anything for them, and no person overrides a name.
What a ranking is, and what it is not
A place in the ordering is a comparison against the rest of the field on one evening's data. That is all it is.
- It is not a probability, a target, or a statement about where a price will go.
- It says nothing about direction, size or timing for any name in it.
- A name near the top can fall and a name near the bottom can rise.
- Position sizing, timing and risk stay with you.
The paper record, and the coin flip beside it
How often past books went our way is on The Record, as simulated paper trading, hypothetical and fee free, with the misses left in. Every win rate on it is printed beside what a random pick scored over the same names and the same holding rule. A figure without that comparison is not a weak claim, it is a meaningless one.
A model has limits, and history is not the future
Our models learn from history. History has limits, and a pattern that held for years can stop holding without notice. We will not tell you the models are free of bias, because that would not be true.
What we do instead is publish the record and publish the research we retired, so you can judge the limits yourself. The software knows the market data it is given. It does not know your debts, your job, your family, your tax position, your other accounts, or how you will feel in a bad month.
An AI can misread a figure, and the stamp is there to check it
You can read the same book inside your own AI through our connector. That is a read only door, and it hands your AI published figures rather than opinions.
What your AI then says about those figures is your AI's, not ours. A model can summarise a number loosely, drop a label, or blur one session into another. So every answer the connector returns carries a stamp. It names the session, the publication time, a receipt over the exact figures, and the page where you can read the same thing yourself. Ask your AI to quote the stamp, and check it against the page. See Your AI.
5. A book can be withdrawn
Every book has to pass our own internal checks before it is published to anyone. Those checks are ours, applied by us. Passing them is our judgement and not a promise about the future.
If a book fails a check, or stops passing, we stop publishing it and we say so. Nothing is substituted in its place: there is one published book, and no shelf to move a reader along. We would rather publish nothing than publish something we do not stand behind.
6. Conflicts of interest
Every firm has conflicts. The useful question is which ones, and whether the firm will name them without being asked. Here is our list.
Conflicts we have removed by design
| Conflict | Where we stand |
|---|---|
| Payment for order flow | None. We do not route orders, so there is no order flow to be paid for. |
| Revenue sharing with brokers | None. No broker pays us. We take no referral fee, no rebate, and no commission from any broker, and we do not require you to use any particular one. |
| Custody of your assets | None. We never hold your money or your securities, so we cannot misuse them. |
| Commissions and transaction based pay | None. Nobody at Ohey is paid more when you trade more, or when you trade at all. |
| Our own funds or products | None. We do not run a fund and we do not sell our own securities. We get nothing from any issuer for including a name in a book. |
| Soft dollars and research credits | None. We do not take research or services in exchange for directing business. |
| Paid promotion of names | None. No company pays us, directly or indirectly, to appear in a book or in anything we write. |
Conflicts we still have, named plainly
- We are paid by membership, and that is our only revenue. A membership business wants you to join and to stay, which gives us a reason to make the product look attractive. Our answer is to publish the paper record with the coin flip beside every figure and the misses left in. We say plainly when something did not work, and we charge one price for everything we publish.
- We decide what passes our own checks. That is our judgement, it is not independent, and you should treat it as our opinion rather than as a verified fact.
- Capacity. A concentrated portfolio can only absorb so much money before the crowd starts working against the people in it. Selling more memberships is good for us and, past a point, bad for members. We track this and we will limit or close a book rather than pretend the ceiling is not there.
- Personal holdings. People at Ohey invest their own money and may hold, buy, or sell a security that also appears in a book we publish. We publish books in advance and on a fixed schedule, so the publication time is not ours to choose. We keep this disclosed rather than claim it never happens.
- People close to the firm. Two individuals close to the firm used the platform and gave us product feedback. Neither paid a fee, neither owns any part of the firm, and neither works for it.
- What paying does and does not do. Membership draws the panes on the current session rather than the session before it, and members read tonight's whole book, sized, the same evening. Paying buys timing and nothing else. No amount of money buys a different book, because there is only one.
7. How we publish
We publish a book the evening before it would be acted on, with a timestamp applied at the time of publication. The record is append only. We do not edit a published book afterwards, and we do not quietly delete one. When we retire something, the retirement is published too.
This is a discipline we impose on ourselves so that a reader can check us. It is not a guarantee of anything, and nobody outside the firm audits it.
8. Data from other sources
We use market data from third parties. It can be delayed, incomplete, or wrong, and a data problem can change what a book looks like. We check what we can, and we will tell you when something looked wrong. Do not treat any figure on a screen as a price you can get.
9. Plans and fees
There are two plans, and both are permanent. The free plan carries everything we publish, including everything our models produce, one trading session behind. On the evening a book is published it also shows the first two positions by name, without their sizes. A count of how many more it holds sits beside them.
Membership draws the panes on the current session rather than the session before it, and members read that evening's whole book, sized. Market data we did not generate, such as the options figures, is current on both. The connector for your own AI is free to add on either plan. See the Pricing page for the whole fee schedule.
The schedule is one paid plan on two billing schedules: $19 a month, or $190 a year. There is nothing else. Twelve months bought one at a time would be $228, so the yearly schedule is a $38 discount for paying up front. It unlocks nothing the monthly schedule does not, and which one you choose has no effect on what you are shown.
We do not charge a setup fee, a performance fee, a fee based on the size of your account, or a fee for cancelling. Both schedules are billed in advance: monthly, one period ahead each time, and annual, twelve months ahead in a single payment.
If you cancel an annual membership part way through, we refund the whole months you have not used. The refund is one twelfth of the annual price you paid, rounded up to the cent. On the $190 schedule that is $15.84 a month. We keep no cancellation fee. The month you are in is not refunded, because you had access for it. A monthly membership ends at the close of the period you have already paid for, and nothing further is taken.
A membership buys access to what we publish and to the software. It is not a payment for anything personal, and paying more or paying earlier does not change what is published.
10. How to raise a complaint
If something we did was wrong, unclear, or unfair, tell us. We would rather hear it than not.
- Write to us at [email protected] with the word "complaint" in the subject line. Tell us what happened, when, and what you would like us to do about it.
- We will acknowledge it within five business days and give you a substantive answer within thirty days. If we need longer, we will tell you why and when to expect an answer.
- We keep a record of every complaint and how it was resolved.
- If you are not satisfied, you can take it further. Your state's consumer protection office, usually part of the state attorney general's office, accepts complaints about a company like ours. Nothing in our terms stops you, and we will not treat you worse for doing it.
If your complaint is about your money or your account, remember that we never hold either. That is a matter for your broker, and we will help you work out who to contact.
11. If you meet a win rate anywhere, the ruler is a coin flip
A win rate is the share of picks that finished up. It sounds like skill and it usually is not. Hold any large basket of US shares overnight and a little over half of the days finish up, because the market drifts upward.
Hold for longer and the share climbs further. So a high win rate on its own says almost nothing about a method. The honest question is what a coin flip scores over the same names and the same holding period. A method has to beat that by enough to survive costs.
12. Trademarks
S&P 500 is a registered trademark of S&P Dow Jones Indices LLC. Ohey Inc is not affiliated with S&P Dow Jones Indices LLC and is not endorsed by it. Claude, ChatGPT and Cursor are the marks of their own owners, and Ohey Inc is not affiliated with or endorsed by any of them. Every other mark named on this site belongs to its owner.
Investing puts your money at risk and you can lose money, including all of the money you put in.