Risk Disclosure

Read this before you connect a brokerage account or enable any bot. Where the Platform requires it, you will be asked to accept this document at the moment you enable live trading — not just at sign-up — because that is when it matters.

1. Options can lose more than you expect, quickly

• Options are leveraged and time-limited. A short option spread's loss is capped only by its wings; a naked or partially filled position may not be capped at all.
• Same-day-expiry ("0DTE") options move violently in the last hours. Gamma means a small move in the index becomes a large move in the option's value. Stops based on price cannot guarantee a fill at that price.
• Gaps, halts, fast markets, wide bid–ask spreads and illiquid wings can each turn a modelled loss into a larger real one. Early exercise and assignment apply to American-style options (for example SPY); SPX/SPXW are cash-settled European-style but settle at prices that may differ from the last trade you saw.

2. Automation adds its own risks

• Once a bot is armed it will submit orders you defined, without asking you, until it is halted. You are responsible for every order it sends.
• Software, networks, data feeds and brokers fail. Orders can time out, fill partially, duplicate, or fail to close. The Platform re-checks and retries, but no automation is guaranteed to exit a position. Keep independent access to your broker and know how to flatten a position yourself.
• Your broker independently accepts or rejects every order. Confirm executions with your broker; the broker's statement governs.

3. Backtests, simulations, scores and labels are not predictions

• Backtests are computed from historical data with assumptions about fills, fees and timing. They have look-ahead and survivorship limits, and past results — including our own live results — are no guarantee of future outcomes. A backtest edge is an upper bound, not a promise.
• "Chance of profit", regime labels (bullish, extreme expansion, no-trade), scores and confidence levels are model outputs. They can be wrong, late, or based on stale data. They are inputs to your decision, not decisions.
• Any "tip", note, headline or educational text on the Platform is general information, not advice for you.

4. We are not your adviser

We are not a registered investment adviser, broker-dealer, commodity trading advisor, or member of any exchange or investor-protection scheme. We do not know your financial situation and do not assess suitability. Consider your own circumstances and consult your own advisers.

5. Only risk what you can afford to lose

Never trade with money you need. Position sizing is the risk control that always works: one contract can risk a large fraction of a small account. Fees are charged per contract per side and reduce every outcome.

6. Your acknowledgement

By enabling live trading you confirm that you have read this disclosure, you understand options and automation risks, you accept that losses can exceed what is modelled, and you take full responsibility for the rules you configure and the orders they generate.