General Terms of Service
Applies to all website visitors and subscribers.
Legal Notice
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, was formerly listed as a principal and formerly registered as an associated person of JS Trading LLC. JS Trading was formerly registered as a CTA and continues to operate as an exempt CTA under Section 4m(1) but it is not accepting, and will not accept, any new clients under any circumstances. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CMR products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
This site, “CrowdedMarketReport.com,” is owned and managed by CMR Publishing LLC, a Delaware Limited Liability Company, and is offered to you conditioned on your acceptance without modification of the terms, conditions, and notices contained herein. By accessing and using this website, you are deemed to have agreed to all such terms, conditions, and notices.
CMR Publishing LLC is NOT an investment advisory service or a registered investment advisor or broker dealer and does NOT purport to recommend or suggest which securities members should buy or sell for themselves. CMR Publishing LLC shall have no liability for investment or other decisions based upon any content published by CMR Publishing LLC owners, operators, employees, contractors, members, or affiliates on ANY platform, including, but not limited to, www.crowdedmarketreport.com, sent via email, on any social media platform like X (formerly known as Twitter), Discord, Meta, TikTok, and others. We specifically disclaim any and all liability or loss arising out of any action taken in reliance on the content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter.
All information provided on the CrowdedMarketReport.com platform, X (formerly known as Twitter), or any other social media or communication platform is strictly for educational and informational purposes ONLY. Nothing contained on our site or any other platform constitutes solicitation, recommendation, endorsement, or offer by CMR Publishing LLC or any third-party service provider to buy or sell any securities or other financial instruments in this or in another jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. Any investor can and does lose money in the stock market and must be aware of the risks. The subscriber or viewer has 100% risk in all investments made by themselves. By agreeing to these terms of service, you agree that CMR Publishing LLC is free from harm from any losses that may occur for any reason as a result of reading information from the website or published content. We cannot ensure that any information communicated from CMR Publishing LLC is accurate. We do not guarantee any kind of success from our website. All ideas, opinions, and information from CMR Publishing LLC are based on views and opinions and are not advisors and do not advise anyone concerning any kind of stocks in terms of value and potential. CMR Publishing LLC advises subscribers to understand the inherent risk of trading stocks, options, and futures.
CMR Publishing LLC does not give financial or commodity markets advice. We publish our own opinions and ideas on markets that we choose. The information, opinions, ideas, pictures, charts, or any other presentation are for informational purposes only. They are not designed to be recommendations for a website visitor or paying subscriber or anyone to buy, sell, or hold a specific stock, options, futures. Investments or information/strategies mentioned on this website/social media/or any published content including any charts or materials may not be suitable for the subscriber/viewer. The information provided does not take into consideration the subscriber’s investment goals, financial goals, experience, or financial situation. All actions taken by the subscriber/viewer are independently made without any influence or advice from this website/social media.
Each subscriber must manage their account based on their own financial goals and risk tolerance. Any information about any trades/ideas posted on the website, social media, or published content is not a recommendation for the subscriber to buy and sell. CMR Publishing LLC, CrowdedMarketReport.com, has the right to restrict any posts when deemed necessary. Trading stocks, futures, and options are extremely risky and can fluctuate dramatically at any time. Each subscriber must educate themselves and be aware that CMR Publishing LLC, CrowdedMarketReport.com, is not responsible in any regard for when the subscriber should buy and sell a position. CMR Publishing LLC simply provides opinions and ideas for informational and educational purposes only. By reading this, each subscriber/viewer agrees to be aware of these terms and conditions.
Performance
Any form of data or information appearing on this website/social media/published content that may represent a performance record is not an indication or correlated with any results each individual subscriber can achieve within their own portfolio. This website/social media/published content is intended for informational and educational purposes only. Each subscriber must be aware of the inherent risks of trading stocks/options/futures.
Intellectual Property and Usage Restrictions
All content posted on this site and Discord is the property of CMR Publishing LLC and is protected by the United States copyright and intellectual property laws. You agree not to display or use any information related to CrowdedMarketReport.com, or any information from Crowded Market Report or affiliated platforms for any public purposes connected to other services or websites. You agree not to use any content from this site/social media/published content for any commercial or noncommercial purposes in connection with any products or services similar to what is offered from this site/social media. If any information is posted or published on any other website, or platform, the subscriber would be infringing on the intellectual property rights of CrowdedMarketReport.com. CMR Publishing LLC, CrowdedMarketReport.com will take legal action against any individual, website, service, group, community, and chat rooms that steal from our service.
U.S. Government Required Disclaimer
Commodity Futures Trading Commission
Futures and options trading has large potential rewards, but also a large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock/futures/options markets. Do not trade with money you cannot afford to lose. This is neither a solicitation nor an offer to buy or sell stocks, futures, options, or securities of any sort. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed via this website, and media referenced. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDEROROVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this advertisement and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations.
Modification and Discontinuation
We reserve the right at any time and from time to time to modify, edit, delete, suspend or discontinue, temporarily or permanently, this site (or any portion thereof) and/or the information, materials, products, and/or services available through this site (or any part thereof) with or without notice. You agree that we shall not be liable to you or to any third party for any such modification, editing, deletion, suspension, or discontinuance of this site.
Severability
If any provision of these Terms of Use is held by a court of competent jurisdiction to be contrary to law, such provision will be changed and interpreted so as to best accomplish the objectives of the original provision to the fullest extent allowed by law and the remaining provisions of these Terms of Use will remain in full force and effect.
Indemnity
You agree to indemnify and hold CMR Publishing LLC, CrowdedMarketReport.com, its subsidiaries, and affiliates, and their respective owners, operators, officers, subcontractors, agents, partners, and employees, harmless from any loss, liability, claim, or demand, including reasonable attorneys’ fees, made by any third party due to or arising out of your use of this site in violation of these Terms of Use and/or arising from a breach of these Terms of Use and/or any breach of your representations and warranties set forth above and/or if any material that you post using this site causes us to be liable to another. We reserve the right to defend any such claim, and you agree to provide us with such reasonable cooperation and information as we may request.
Subscriber Agreement
ALL Subscribers are subject to this agreement and are in approval of this “Subscriber Agreement.”
Subscription
By subscribing to the Crowded Market Report, you agree to the following terms:
- Access and Use:
The subscription fee for monthly, quarterly, or yearly plans grants access exclusively to the subscriber. This includes access to the Crowded Market Report website, premium published content, and any additional features requiring a paid membership, such as Discord. Access is restricted solely to the subscribing individual and may not be shared, transferred, or assigned. - Purpose of Content:
All information provided through the Crowded Market Report is for educational and informational purposes only. The information does not constitute financial, legal, or investment advice. - Subscription Plans:
Subscribers may select from the following plans:- Monthly Subscription Plan
- Quarterly Subscription Plan
- Yearly Subscription Plan
Each plan provides access to the Crowded Market Report for the specified subscription period, as determined by the plan selected.
- Subscription Start and Renewal:
Subscriptions can be initiated at any time and will remain valid for the duration of the selected subscription term. Subscriptions will automatically renew at the end of the term unless canceled prior to the renewal date. - Cancellation and Changes:
Subscribers may cancel or modify their subscription at any time by accessing their account settings or contacting customer support. Changes or cancellations will take effect at the end of the current billing period.
Email Address Opt-in
By providing and registering your email address, you are opting in to email communication from CMR Publishing LLC that may be generated from an email account or email campaign third-party service. To optout and unsubscribe, email CROWDEDMARKETREPORT@GMAIL.COM or click on the unsubscribe button at the bottom of campaign emails.
If any subscriber distributes any content from any subscriber content pages, CMR charts, CMR index data, or published CMR reports without permission, their subscription will be terminated without refund. Members may not forward Crowded Market Report emails, posts, SMS messages, affiliated private published content workspaces, or affiliated private social media platform messages in any capacity. The sharing of passwords/accounts is strictly prohibited. Any of these actions is a violation, and your membership will be immediately terminated without refund. Legal action will be taken against individuals who steal and/or share our content/intellectual property without explicit permission.
Any posts, comments, threats, or anything a moderator deems inappropriate is grounds for your membership termination without refund.
Billing/Cancellation/Refund
If you wish to cancel your membership, you must send a cancellation request to crowdedmarketreport@gmail.com prior to your renewal date/time. There are no refunds for any reason after your payment is submitted and processed for monthly subscriptions. A prorated refund may be issued for the quarterly subscription and MUST be requested in the first 30 days of membership. The member will be charged for one month of access at the monthly membership rate, and a partial refund equaling the difference between the quarterly membership cost and the monthly membership cost will be issued. A prorated refund may be issued for the yearly subscription and MUST be requested in the first 30 days of membership. The member will be charged for one month of access at the monthly membership rate, and a partial refund equaling the difference between the yearly membership cost and the monthly membership cost will be issued. These terms are nonnegotiable.
General Availability
www.CrowdedMarketReport.com is operated by CMR Publishing LLC. There will be weeks without service or Crowded Market Report, CMR Charts, and CMR Index throughout the year due to vacation, sickness, lack of market opportunities, data availability, and other unforeseen circumstances. Data published by the CFTC and the futures and stock markets’ conditions may also dictate the amount of content provided. Everything discussed on this website and published content is for educational and informational purposes. What you do with the information presented is 100% your responsibility.
Affiliate Program
An affiliate must be approved by CMR Publishing LLC before becoming part of the affiliate program. All subscriptions registered through an affiliate link must be validated by CMR Publishing LLC to confirm the payment was completed. Commission owed to an affiliate after subscription payment validation will be completed on a monthly basis, during the first 10 business days of the following calendar month, based on the number of subscriptions referred.
Privacy Policy
Effective: 01/01/2021
About Us
“We,” “us,” or “our” means CMR Publishing LLC and/or Crowded Market Report, a digital education service provider at www.crowdedmarketreport.com.
About This Privacy Policy
Your privacy is important to us, so we’ve developed this Privacy Policy, which explains how we collect, use, and disclose your personal information. We collect personal information when you use our website(s), mobile apps, and other online and offline products, services, and experiences (collectively, the “Services”). Please take a moment to read through this Policy in its entirety.
If you have any questions, concerns, or complaints regarding this Privacy Policy or how we use your personal information, please contact us via email at crowdedmarketreport@gmail.com.
What Personal Information We Collect and How We Collect It
We collect personal information that you provide directly to us:
Contact information: If you sign up to receive our newsletter, emails, or text messages from us, we will collect your name, email address, mailing address, phone number, and any other information needed to contact you about the Services.
Payment information: To order products or services through the Services, you will need to provide us with payment information (like your bank account or credit card information). Please note that your financial information is collected and stored by a third-party payment processing company. Use and storage of that information is governed by the third-party payment processor’s applicable privacy policy.
Survey information: You may provide us with other personal information when you fill in a form, respond to our surveys or questionnaires, provide us with feedback, participate in promotions, or use other features of the Services.
How We Use Your Personal Information
We use the personal information we collect for the following reasons:
- To send you our newsletter, or other information or marketing about our Services that you think may be of interest to you.
- To reply to your questions, inquiries, or customer service requests or to send you notices, updates, security alerts, or support and administrative messages.
- To provide you with information about the Services that you request from us or which we feel may interest you.
- To monitor and analyze trends, usage, and activities in connection with our Services and to improve the Services.
- To facilitate contests, sweepstakes, and promotions, and to process entries and provide prizes and rewards.
- To detect, investigate and prevent fraudulent transactions and other illegal activities on the Services and to protect the rights and property of us and our customers.
- To carry out our obligations arising from any contracts entered into between you and us, including for billing and collection.
How We Share Your Personal Information
We may share your personal information in the following ways:
- With vendors, consultants, and other service providers who process your personal information on our behalf when they provide services to us, for example, data analytics, research, marketing, and financial services.
- In connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business by another company.
- We may be legally required to disclose or share your personal information without your consent in some circumstances, for example, to comply with a court order or law enforcement. In such circumstances, we will only disclose your personal data if we have a good faith belief that such sharing is required under applicable legal obligations.
Your Marketing Choices
When you sign up for a promotion or subscribe to our newsletter or marketing/promotional messages, we use your personal information to help us decide which products, services, and offers may be of interest to you.
We will send marketing messages to you if you have asked us to send you information, bought goods or services from us, or if you provided us with your details when you entered a competition or registered for a promotion. If you opt out of receiving marketing messages, we may still send you nonpromotional emails. We will ask for your consent before we share your personal information with any third party for their direct marketing purposes.
You may unsubscribe from marketing messages through a link we include in messages we send you. You can also ask us to stop sending you marketing messages at any time by contacting us at: crowdedmarketreport@gmail.com.
Retention of Your Data and Deletion
Your personal information will not be kept longer than is necessary for the specific purpose for which it was collected.
When we decide how long we will keep your information, we consider the amount, nature, and sensitivity of the personal information, the potential risk of harm from unauthorized use or disclosure, why we need it, and any relevant legal requirements (such as legal retention and destruction periods).
The foregoing will, however, not prevent us from retaining any personal information if it is necessary to comply with our legal obligations, in order to file a legal claim or defend ourselves against a legal claim, or for evidential purposes.
International Transfers
We will ensure that any transfer of personal information to countries outside of the United States will take place pursuant to the appropriate safeguards.
Changes to This Privacy Policy
From time to time, we have the right to modify this Privacy Policy. We’re likely to update this Privacy Policy in the future, and when we make changes, please come back and check this page from time to time for the latest information on our privacy practices.
Changes to General Terms of Service
From time to time, we have the right to modify these General Terms of Service. We’re likely to update in the future, and when we make changes, please come back and check this page from time to time for the latest information on our privacy practices.
Contact Us
If you have questions or concerns about the information in this Privacy Policy, our handling of your personal information, or your choices and rights regarding such use, please do not hesitate to contact us at: crowdedmarketreport@gmail.com

