Mike Lito's Trader University

Terms & Conditions

Last updated [DATE] Effective [DATE] Version [1.0]

Draft for counsel — not yet in force

This document is a structured draft prepared for review by a licensed attorney in your jurisdiction. Bracketed values are placeholders. The dispute-resolution, liability, and refund sections in particular must be reviewed before this is published or relied on. It is not legal advice.

These terms cover the website, the application process, and enrollment in the program. They are written to be read, not to be survived. If something here is unclear, ask us before you enroll rather than after.

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01Agreement to these terms

These Terms & Conditions are an agreement between you and [LEGAL ENTITY NAME], doing business as Mike Lito's Trader University (“Mike Lito's Trader University,” “we,” “us”). They cover this website, our applications and enrollment process, our live sessions and recordings, our course materials, and any community space we run.

By using the site, applying, or enrolling, you accept these terms. If you don't accept them, don't use the site or enroll.

02What this program is, and what it is not

Mike Lito's Trader University sells education. It does not sell advice, signals, account management, or access to capital.

We are not a broker-dealer, investment adviser, commodity trading advisor, commodity pool operator, futures commission merchant, or a bank, and we are not registered with the SEC, FINRA, the CFTC, the NFA, or any state securities regulator. We are not an accredited educational institution, and nothing we issue is a degree, a license, or academic credit.

Nothing on this site or in any course, live session, chat message, or mentor conversation is a recommendation to buy or sell any security, futures contract, option, or other instrument, and nothing is personalized to your financial situation, objectives, or risk tolerance. Every trading decision you make is yours alone. If you want advice about your specific circumstances, speak with a licensed professional.

03No guarantee of results

Trading involves substantial risk of loss and is not suitable for everyone. You can lose more than you deposit. The majority of retail traders lose money.

We make no representation or warranty that you will become profitable, recover tuition, or achieve any particular result. We don't publish account statements or profit-and-loss claims, and no instructor, mentor, or staff member is authorized to make an earnings claim on our behalf. If someone tells you this program will make you money, they are speaking outside the scope of their authority and outside this agreement.

Any figures, examples, backtests, or charts used in teaching are illustrative and hypothetical. Hypothetical and simulated performance has inherent limitations: it is created with hindsight, it does not involve real financial risk, and it does not account for the effect of real execution, slippage, fees, or your own behavior under pressure.

04Eligibility and enrollment

You must be at least 18 years old and legally able to enter a contract in your jurisdiction. Enrollment is by application and is limited; submitting an application does not create a seat, and we may decline any application for any lawful reason.

A seat is confirmed when we accept your application in writing and receive your deposit or first payment. Seats are personal to you and cannot be transferred, resold, or shared.

You are responsible for your own brokerage account, market data, trading platform, hardware, and internet connection. We do not open accounts for you, hold your funds, or place trades for you, ever.

05Tuition, payment plans, and refunds

Tuition

Tuition for each enrollment level is shown at checkout in [CURRENCY] and is exclusive of any taxes we're required to collect. Tuition buys instruction and access for the term; it is not an investment, a deposit, or a contribution of capital, and it does not produce a return.

Payment plans

Where a payment plan is offered, you authorize us and our payment processor to charge your selected method on the agreed schedule until the balance is paid. If a payment fails, we may suspend access after [N] days' notice, and any remaining balance may become immediately due. Plans are a payment convenience, not a credit product, unless the checkout page says otherwise.

Refunds

  • Deposits and tuition are fully refundable through the end of the first week of the term (through [DATE]), for any reason, on written request to [REGISTRAR@DOMAIN].
  • After the end of week one, tuition is non-refundable, because the seat is held and the cohort is capped. Payment plan obligations continue.
  • If we cancel a cohort before it begins, you get a full refund or a seat in the next cohort, your choice.
  • The Auditor level is non-refundable once course materials have been accessed, since it is delivered in full at purchase.
  • Nothing here limits any refund right you have under mandatory consumer law in your jurisdiction.

Charging back a payment instead of requesting a refund will result in termination of access and may be referred for collection.

06Attendance, deferral, and rolling to a later cohort

The full-time level assumes roughly [12] hours a week, including live sessions during US market hours. Recordings cover missed lectures, and your mentor will reschedule [one] session per term where practical.

If you miss more than [three] weeks of live sessions, we may roll you to the next cohort rather than let you finish without the reps. A roll is not a refund and does not restart the refund window.

07Your account and conduct in the live room

Keep your login credentials to yourself. You're responsible for everything that happens under your account. Tell us promptly at [SUPPORT@DOMAIN] if you think it's been compromised.

In live sessions, the community, and any channel we run, don't:

  • share, resell, record, screenshot, or repost course material, session recordings, or another student's journal;
  • solicit, promote, or recruit — no signal groups, no funded-account affiliate links, no “my mentor” pitches, no offers to manage anyone's money;
  • give personalized trading or investment advice to other students;
  • post someone else's personal information, harass anyone, or make the room hostile;
  • use our materials to train a machine learning model or build a competing program.

We can remove you from a session or the program for conduct that breaks these rules. Removal for cause does not entitle you to a refund.

08Course materials and intellectual property

All course content — lectures, recordings, playbook templates, journals, spreadsheets, slides, written notes, the Mike Lito's Trader University name and marks, and this site — is owned by us or our licensors and is protected by copyright and trademark law.

On enrollment we grant you a limited, personal, non-exclusive, non-transferable, revocable license to access and use the materials for your own learning and your own trading, for the duration of your access. That's it. You may not copy, distribute, publish, sublicense, sell, or make derivative works from the materials, and you may not use them to teach, coach, or build a product for anyone else.

What you write is yours: your journal, your playbook, your trades. If you post to a shared channel, you give us a non-exclusive license to display it within the program. If we want to use your work or words publicly, we'll ask first, in writing.

09Recording, likeness, and testimonials

Live sessions are recorded for the library. By joining a live session you consent to being recorded. If you'd rather not appear, keep your camera off and use a display name that isn't your legal name — mentors will work with that.

We don't publish student testimonials that make earnings claims. If we ever publish a testimonial, we'll get your written permission first and disclose any compensation or benefit given for it, as required by the FTC's endorsement rules.

We may point to brokers, charting platforms, data feeds, or other tools. Those are independent businesses. We don't control them, we're not responsible for them, and a mention is not an endorsement of their fitness for you. Their terms, fees, and risks are between you and them. If we ever receive compensation for a referral, we'll say so on the page where it appears.

11Disclaimer of warranties

To the fullest extent permitted by law, the site, materials, sessions, and community are provided “as is” and “as available,” without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, non-infringement, accuracy, or uninterrupted availability. We do not warrant that any technique, setup, or playbook taught here will be profitable, will continue to work, or is suitable for you.

12Limitation of liability

To the fullest extent permitted by law, we will not be liable for any trading losses, lost profits, lost opportunity, lost data, or any indirect, incidental, special, consequential, exemplary, or punitive damages arising out of or relating to the program or this agreement, on any theory of liability, even if we've been advised of the possibility.

Our total aggregate liability for all claims relating to the program is limited to the amount of tuition you actually paid us in the [twelve (12)] months before the event giving rise to the claim.

Some jurisdictions don't allow certain limitations, so parts of this section may not apply to you. Nothing here limits liability for fraud, gross negligence, willful misconduct, or anything else that can't be limited by law.

13Indemnification

You'll defend, indemnify, and hold harmless [LEGAL ENTITY NAME] and its officers, instructors, mentors, and contractors from any claim, loss, or expense (including reasonable legal fees) arising from your use of the program, your trading, your breach of these terms, or your violation of any law or third-party right.

14Dispute resolution

This section is a placeholder. Arbitration clauses, class-action waivers, and jury-trial waivers are enforceable only if drafted and presented correctly, and the rules differ by state and country. Have counsel write this one.

Before filing anything, contact us at [LEGAL@DOMAIN] and give us [30] days to resolve it informally. Most things get resolved here.

[INSERT COUNSEL-DRAFTED ARBITRATION / CLASS WAIVER / VENUE PROVISION, OR DELETE THIS PARAGRAPH.]

15Governing law

These terms are governed by the laws of [STATE], without regard to its conflict-of-laws rules. Subject to the section above, the courts located in [COUNTY, STATE] have exclusive jurisdiction, and you consent to venue there.

16Changes, termination, and the rest

Changes. We may update these terms. If a change is material, we'll post the new date at the top and notify enrolled students by email at least [14] days before it takes effect. Changes don't apply retroactively to a term you've already paid for.

Termination. You may stop using the site at any time. We may suspend or terminate access for breach of these terms, non-payment, or conduct that harms the cohort. Sections that by their nature should survive — IP, disclaimers, liability, indemnity, disputes — survive termination.

Severability and waiver. If a provision is unenforceable, the rest stays in force. Our not enforcing something once isn't a waiver of it later.

Entire agreement. These terms, plus the privacy policy and any enrollment agreement you sign, are the whole deal between us on this subject.

Assignment. You can't assign this agreement. We can, in a merger or sale of the business.

17Contact

[LEGAL ENTITY NAME] d/b/a Mike Lito's Trader University
[STREET ADDRESS]
[CITY, STATE, ZIP]
Registrar: [REGISTRAR@DOMAIN] · Legal: [LEGAL@DOMAIN]