Risk Warning

Trading carries a high risk of loss

You can lose money trading. With leveraged products you can lose more than you deposited. Losses can happen quickly, and they can happen while you are not watching.

Specific risks

Market risk. Prices move against positions. There is no arrangement of analysis that removes this.

Leverage risk. Leverage multiplies both directions and shortens the adverse move your position can survive. At high leverage, ordinary noise reaches your liquidation level.

Liquidation risk. On leveraged products the venue can close your position without your involvement when margin runs low. This can occur before a stop-loss you placed.

Liquidity risk. In fast or thin markets, orders fill far from expected prices. A stop-loss is a trigger, not a guaranteed exit price.

Gap risk. Prices can jump past your stop with nothing trading in between. Your realised loss can exceed your planned loss.

Counterparty and custody risk. Assets held on an exchange are a claim on that exchange. Venues can fail, suspend withdrawals, be hacked, or be subject to legal action.

Operational risk. Platforms go down, often during exactly the volatility that made you want to act.

Regulatory risk. Rules vary by jurisdiction and change, sometimes with immediate practical effect on your access to a product or venue.

Past performance

Past performance does not predict future results. This applies to any strategy, any backtest, any track record and any figure anyone shows you — including figures that are genuine.

What this site does not do

It does not provide financial, investment, legal or tax advice. It does not publish signals, trade calls or copy trading. It does not recommend assets, strategies, venues or position sizes. Nothing here takes account of your objectives, financial situation or needs.

Before you risk money

• Only risk money you can afford to lose entirely
• Understand the product before you use it, particularly leveraged ones
• Consider whether trading is appropriate for your circumstances
• Consider seeking advice from a professional licensed in your jurisdiction

If trading is causing you harm

If you find yourself trading to recover losses, hiding activity from people close to you, borrowing to fund positions, or unable to stop, that is a recognised pattern and support exists for it in most countries. It is worth reaching out to a professional support service in your jurisdiction.