Risk disclosure

Draft — not yet reviewed by counsel

This document is a working draft and isn't legal terms in effect. It requires review by qualified counsel before TopTickr launches commercially.

Futures risk

Trading futures involves substantial risk of loss and isn't suitable for every investor. You can lose more than your initial investment. Only risk capital should be used.

Hypothetical performance

Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Because trades have not been executed, results may have under- or over-compensated for the impact of certain market factors, such as lack of liquidity. Simulated trading programs are generally designed with the benefit of hindsight. No representation is made that any account will or is likely to achieve profits or losses similar to those shown. [Counsel to confirm wording against applicable CFTC/NFA rules.]

Synthetic data

TopTickr's built-in example data is generated by software. It isn't historical market data, and results on it say nothing about real markets.

Automation

Automated systems can fail because of software defects, connectivity problems, data errors or platform changes. This version doesn't execute real trades.

Setups and track records

Setup labels and track records come from tests on past data, after fees. Past results, tested or live, don't predict future results, and most trading setups lose money some of the time.