Trading Disclaimer

1. Not Financial Advice

Portfolio Signals is a software tool for backtesting and analyzing trading strategies. The information and results provided by this Service:

• Are for educational and informational purposes only
• Do not constitute financial, investment, or trading advice
• Should not be considered as recommendations to buy or sell any security
• Are not a substitute for professional financial advice

You should consult with a licensed financial advisor before making any investment decisions.

2. Backtesting Limitations

Backtesting has inherent limitations that users must understand:

Historical Performance ≠ Future Results

Past performance, whether actual or indicated by historical tests, is not indicative of future results. Market conditions change, and strategies that worked in the past may not work in the future.

Hypothetical Nature

Backtesting results are hypothetical and do not represent actual trading. They do not account for:

• Slippage and order execution delays
• Market impact of larger order sizes
• Emotional factors in real trading
• Changes in market liquidity
• Broker-specific execution quality
• Platform downtime or technical issues

Look-Ahead Bias

While we strive to prevent look-ahead bias, backtesting inherently uses data that was not available at the time of historical decisions. This can artificially inflate performance.

Overfitting Risk

Strategies optimized on historical data may be "overfit" to past conditions and perform poorly in live trading. What appears optimal in backtests may simply be noise in the data.

3. Data Accuracy

We use data from reputable sources (OANDA and others), but we cannot guarantee:

• 100% accuracy of historical prices
• Completeness of all market data
• Real-time updates during market volatility
• Exact spread or commission costs for your broker

Always verify results with your broker's actual historical data.

4. Risk of Loss

Trading involves substantial risk of loss. You can lose some or all of your invested capital. Never trade with money you cannot afford to lose. Consider your financial situation, investment objectives, and risk tolerance before trading.

Leverage Warning

If you use leverage (margin trading), your losses can exceed your initial investment. Leveraged trading is extremely risky and not suitable for most investors.

5. Market Risks

Financial markets are subject to various risks including but not limited to:

• Market volatility and sudden price movements
• Geopolitical events and regulatory changes
• Liquidity risk and inability to exit positions
• Currency risk for international markets
• Counterparty and credit risk
• System failures and technical issues

6. Pattern Recognition Limitations

Candlestick patterns and technical analysis:

• Are subjective and can be interpreted differently
• Do not guarantee specific outcomes
• May have low statistical significance
• Can produce false signals
• Should be combined with other analysis methods

7. No Guarantees

We make no guarantees or warranties regarding:

• Profitability of any strategy
• Accuracy of pattern recognition
• Platform uptime or availability
• Suitability for your specific situation

8. Your Responsibility

As a user of this Service, you acknowledge that:

• You are solely responsible for your trading decisions
• You understand the risks involved in trading
• You have the knowledge and experience to evaluate the information provided
• You will not hold Portfolio Signals liable for any trading losses
• You will conduct your own due diligence before trading

9. Regulatory Compliance

Portfolio Signals is a software tool and is not a registered investment advisor, broker-dealer, or financial institution. We are not subject to the same regulations as financial service providers.

Users are responsible for ensuring their trading activities comply with applicable laws and regulations in their jurisdiction.

10. Survival of Risk

This disclaimer survives termination of your account or use of the Service. Your acknowledgment of these risks continues even after you stop using Portfolio Signals.

Contact

Questions about this disclaimer? Contact us at legal@portfoliosignals.com