Disclosures
The small print, set large.
What we are allowed to do, how we are paid, where our interests and yours pull apart, and what the figures on this site do and do not mean.
Regulatory status
Plumbline Reads Ltd is an appointed representative of a firm authorised and regulated by the Financial Conduct Authority · FRN xxxxxx.
We publish general market commentary. We are not authorised to give personal advice, we do not manage money and we never trade on anyone's behalf.
Plumbline Reads Ltd is registered in England and Wales, company number xxxxxxxx. The register entry can be checked on the regulator's own website using the FRN above.
General market commentary, not personal advice
Every read, outlook, review and lesson is general market commentary. None of it takes into account your objectives, financial situation or needs, and none of it is a personal recommendation to buy, sell or hold anything.
Sample reads on this site are an archive of past commentary. They are not current, they are not recommendations, and their levels are not prices you can trade at.
Introducing broker commission
Plumbline Reads is an introducing broker for Lintel Markets (fictional broker). We may receive a commission from the broker when you open and trade on an account through our links. The commission is a share of the spread or commission the broker charges, based on the volume you trade. It does not change the prices or fees you pay.
We do not receive a payment linked to client losses, and we do not receive bonuses for deposits.
Conflict of interest
We earn more when the people who follow us trade more. A signal stream that pushes frequent trading works for us and against you.
What we do about it:
- No more than x reads a week, whatever the market is doing.
- No-read days are published with their reason, so silence is visible and not filled.
- After x losing reads in a row, the desk stops publishing for x trading days.
- No countdowns, urgent entries or language that pushes anyone to act now.
- Desk pay is a fixed salary, not linked to commission or to how much anyone trades.
- Everything we publish is free to read without opening an account.
Performance figures
Past and hypothetical performance.Results are measured from the levels each read published, not from anyone's actual trades. They are hypothetical, assume x% risk per read, and leave out spreads, commissions, slippage and swap. Past performance is not a reliable indicator of future results, and nobody following a read should expect the same outcome.
Every read is recorded from the moment it is published; losing reads stay in. Outcomes are measured from the published entry, stop and target, in pips before costs. The full method is on the record page.
Risk warning
Complaints
Tell us in the channel or by message and we will move it to a private conversation. Complaints are acknowledged within x business days and answered in full within x weeks. If you are not satisfied with our answer, you may be able to refer it to the Financial Ombudsman Service.
Message the deskYour data
This site sets no cookies, runs no analytics and collects nothing you type. The channel is run on a third-party messaging app under its own privacy terms.