Risk Disclosure

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Any performance figures we provide that were produced by backtesting, walk forward testing, or trading on a simulated account are hypothetical. That includes the forward test, which was run on live market data against simulated accounts rather than an account holding personal funds. The following disclosure applies to all of them:

This applies to the quantitative report provided to approved applicants, to the trade log published on the performance page, and to any figure describing tested or simulated rather than live results, wherever it appears.

We do not guarantee any result. Nothing on this site or in the report is a promise, projection, or assurance that the software will be profitable, will preserve capital, or will perform in any particular way. Any strategy that has performed well in testing can lose money, including in ways it has not previously exhibited.

The software places orders without asking you first. That is what it is for, and it carries risks a manual trader does not face.

Your machine and connection. Execution is local. The software only acts while NinjaTrader is running on your computer, the computer is awake, and it is connected to your broker and data feed. Power loss, sleep, a dropped connection, a Windows update, or a crash can leave a position unmanaged.

Data feed faults. The strategy acts on completed bars. Late, missing or incorrect data can cause it to act on a wrong picture of the market, or not act when it should.

Platform and broker behaviour. NinjaTrader, your broker, and your data provider are outside our control. Platform updates, order rejections, connection handling and maintenance windows all affect execution.

Order and fill risk. Stop and target orders are not guaranteed to fill at the price shown. Gaps, thin liquidity, fast markets and slippage can produce fills materially worse than intended, and a stop can fill far beyond its level.

Unattended operation. If you leave the software running without monitoring it, you are accepting whatever it does in your absence, including during news events and session transitions.

Overnight and session gaps. By default the software holds positions across session breaks. A position held through a break is exposed to the gap when the market reopens, and no stop protects against a gap.

Your configuration. You choose the instrument, the contract size, the risk parameters and the session. Those choices change the size of every outcome, including the losses.

The software trades one instrument family, in one direction, on one timeframe. It is not diversified, it is not a portfolio, and it is not a substitute for one. Results depend on market conditions that will not persist indefinitely, and there are market environments in which a strategy of this type performs poorly for extended periods.

If you run the software on a prop firm or evaluation account, that firm's rules govern. Whether automated strategies are permitted, and under what conditions, is between you and that firm. We do not interpret their rules for you, we do not represent that any firm permits this, and a firm's decision to restrict, fail or close your account is not our responsibility. Read your firm's terms before you enable anything.

We do not hold your funds. We do not have access to your trading account. We do not place orders on your behalf from our systems. We do not monitor your account, your positions, or your results. Everything runs on your machine, under your control, and you are responsible for what it does there.

Nothing runs until you make it run. In practice that means:

• The software does nothing on installation. You must configure it and enable it yourself, per account, in the NinjaTrader Control Center.
• You choose the instrument, the contract size, the risk parameters and the session it is permitted to trade.
• You can disable it at any time, and it stops.
• The multi-account panel does nothing when opened. You must create a profile, select which of your accounts belong to it, and enable each account individually. Every account in a profile must additionally have the strategy separately configured and enabled by you in the Control Center before any instruction can reach it.

We hold no authority over any account, and no agreement with you grants us any. There is no arrangement under which we are permitted to cause a transaction in your account, with or without your approval. Every order originates from software you installed, configured and switched on.

You are responsible for deciding whether this software is suitable for you, for the capital you put at risk, for your configuration, for monitoring operation, and for every trade placed in your account. If you do not understand a risk described above, do not subscribe until you do.

NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.

Kinetick® is a registered trademark of Kinetick, Inc.