Risk Disclosure

Important Notice

Trading futures, options on futures, foreign exchange, contracts for difference, securities, and other financial instruments involves a substantial risk of loss and is not suitable for every person.

Leveraged trading allows a trader to control a position whose value may be substantially greater than the amount deposited in the trading account. Leverage can magnify both gains and losses. A relatively small market movement may result in a significant gain, a significant loss, the loss of the entire account balance, or, depending on the instrument, broker, account agreement, and market conditions, a loss greater than the amount initially deposited.

Forex trading commonly involves leverage, which can magnify relatively small price movements and can result in the loss of all invested capital or more.

You should not trade with money required for:

Only genuine risk capital should be used for trading.

Risk capital is money that you can afford to lose completely without impairing your financial security, family obligations, retirement plans, or lifestyle.

No Guarantee of Profitability

PredicTrader does not guarantee:

No trading strategy, automated trading system, algorithm, artificial-intelligence tool, indicator, signal service, or software application can reliably predict all future market movements.

The CFTC has specifically warned that automated algorithms, artificial intelligence, and trading bots cannot predict the future or unexpected market changes, and that promises of guaranteed or unusually high returns are warning signs.

PredicTrader may generate losing trades, consecutive losses, substantial drawdowns, or periods in which market behavior does not fit the system’s rules.

Past success under one set of market conditions does not establish that the same settings or methods will succeed under future conditions.

PredicTrader Is a Software Tool

PredicTrader is software designed to assist users with market monitoring, rule-based trade identification, order automation, and trade management.

PredicTrader is not:

PredicTrader does not take possession of customer trading funds. Trading accounts and funds remain with the user’s selected broker, futures commission merchant, or other financial-services provider.

PredicTrader does not control the user’s broker, exchange, data provider, internet provider, computer, operating system, or NinjaTrader platform.

Optional registration statement

The following should be added only after legal counsel confirms that it is accurate:

Pricellator LLC is not registered as a commodity trading advisor, investment adviser, broker-dealer, futures commission merchant, introducing broker, or financial planner. PredicTrader does not provide individualized investment advice or manage customer accounts.

Do not publish this statement without confirming the company’s actual registration and exemption status.

No Personalized Financial Advice

Information provided through PredicTrader, PredicTrader.com, documentation, demonstrations, emails, videos, webinars, support communications, sample settings, or educational materials is general in nature.

It is not based on a complete review of any user’s:

Nothing on the website or in the software should be interpreted as a personalized recommendation to buy, sell, hold, or trade any particular instrument.

Users are responsible for deciding whether trading, a particular instrument, and a particular PredicTrader configuration are appropriate for them.

User Responsibility

The user retains full responsibility for all trading decisions and account activity, including decisions to:

The fact that PredicTrader can submit and manage orders automatically does not transfer responsibility for the account to PredicTrader, Pricellator LLC, its owners, developers, contractors, affiliates, or service providers.

Users must independently verify:

Simulation-First Requirement

Users should begin with a simulation account and remain in simulation until they understand:

Default settings are provided only as starting points. They may not be appropriate for every instrument, timeframe, account size, market condition, or user.

Successful simulation results do not establish that similar results will occur in live trading.

Automated Trading Risks

Automated trading introduces risks in addition to ordinary market risk.

These risks include:

Automated systems may enter or manage trades faster than a user can manually respond. An error may therefore create multiple or unintended orders in a short period.

Users should not assume that an automated strategy can be left running indefinitely without supervision.

The CFTC has recognized that automated trading can create operational and market risks requiring appropriate controls and safeguards.

Platform and Third-Party Risks

PredicTrader operates in conjunction with third-party products and services, which may include:

A third-party update may alter, restrict, or interrupt PredicTrader’s operation.

Users are responsible for reviewing and complying with all broker, platform, exchange, data-provider, and account rules.

Order Execution and Slippage

A signal generated by PredicTrader does not guarantee that an order will be:

Market orders prioritize execution, not price. The actual execution price may differ from the price displayed when an order is generated.

Actual results may be affected by:

During rapidly moving markets, losses may exceed the intended stop-loss amount.

Stop-Loss Limitations

A stop-loss order is intended to limit risk, but it cannot guarantee the amount of the loss.

Once triggered, a stop order may become a market order and may execute at a price materially different from the stop price.

A stop may fail to protect the user as expected because of:

No user should interpret a configured stop loss as a guarantee that losses cannot exceed a predetermined amount.

Margin and Liquidation Risk

Brokers may change margin requirements without advance notice, particularly during volatile markets or near contract expiration.

If account equity falls below required levels, the broker may:

PredicTrader cannot prevent or control broker liquidation actions.

Market-Condition Risk

PredicTrader is based on programmed rules. No fixed rule set performs equally well in every market environment.

Performance may change significantly during:

Filters intended to reduce undesirable trades may also block profitable trades. Filters do not eliminate losses.

Settings and Optimization Risk

Changing PredicTrader’s settings can materially alter:

A setting that appears effective during a particular historical period may perform poorly in another period.

Users should not assume that:

Over-optimization, curve-fitting, and selection bias can create historical results that are unlikely to be repeated.

Hypothetical, Simulated, and Backtested Performance Disclosure

Required Caution

Hypothetical or simulated performance results have inherent limitations.

Unlike an actual performance record, simulated results do not represent actual trading. Because the trades were not executed, the results may have undercompensated or overcompensated for the effects of market factors such as lack of liquidity, slippage, spreads, latency, partial fills, rejected orders, commissions, and changing margin requirements.

Simulated trading programs are generally designed with the benefit of hindsight.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

The ability to withstand losses, continue following a trading system during a drawdown, or maintain sufficient capital can materially affect actual results in ways that a hypothetical record cannot fully reflect. These limitations are specifically recognized in NFA’s required hypothetical-performance disclosure.

CFTC/NFA-Style Hypothetical Disclosure

Where PredicTrader displays hypothetical, simulated, optimized, or backtested results, the following disclosure should appear prominently and in immediate proximity to those results:

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDERCOMPENSATED OR OVERCOMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

NFA guidance states that a hypothetical-performance disclaimer should be displayed as prominently as the hypothetical results themselves. A disclosure hidden only on a separate risk page may be insufficient when hypothetical results appear elsewhere.

Backtesting Limitations

Backtest results may differ materially from live results because of:

Results generated by NinjaTrader Strategy Analyzer, Market Replay, Playback, simulation, or another testing environment should be treated as hypothetical unless they represent verified live brokerage activity.

Simulated Trading Limitations

Simulation accounts may:

A strategy that performs profitably in simulation may lose money in live trading.

Performance Screenshots and Examples

Any chart, screenshot, statement, trade example, P&L display, testimonial, demonstration, webinar, video, email, social-media post, or website illustration may represent:

Unless expressly identified as verified live performance, users should not assume that a displayed result reflects actual trading with real money.

Screenshots may be selected to explain software functionality and should not be interpreted as a promise, forecast, or representation of expected performance.

Past Performance

Past performance, whether actual, simulated, or hypothetical, is not necessarily indicative of future results.

Markets change. Strategy performance can deteriorate or cease to be profitable.

No historical winning percentage, profit factor, drawdown, net profit, or other performance measurement guarantees a similar future outcome.

Testimonials and User Statements

Testimonials, reviews, case studies, and statements from users reflect individual experiences and may not represent the experience of all users.

A user’s result may depend on:

Testimonials should not be interpreted as a guarantee, prediction, or typical result.

Where compensation, discounts, affiliate commissions, free subscriptions, or other incentives are provided in connection with a testimonial or endorsement, that relationship should be clearly disclosed.

CFTC rules governing promotional materials restrict misleading testimonials and require appropriate disclosures.

Educational Content and Demonstrations

PredicTrader demonstrations, webinars, Zoom sessions, user guides, support communications, and educational materials are intended to explain software features and general trading concepts.

They do not establish:

Examples discussed in educational material are illustrative and may omit factors that would affect actual results.

No Reliance on Marketing Statements

Users should not rely on slogans, headlines, advertisements, short-form descriptions, or promotional summaries as a complete explanation of the risks or operation of PredicTrader.

Users should review:

before enabling automated trading.

Independent Professional Advice

Before trading, users should consider consulting:

PredicTrader does not provide tax or legal advice.

Trading profits and losses may have significant tax consequences. Tax treatment varies by instrument, account type, jurisdiction, and individual circumstances.

Eligibility and Legal Restrictions

Users are responsible for determining whether the purchase, installation, possession, or use of PredicTrader is lawful in their jurisdiction.

PredicTrader should not be used:

Availability of the software does not constitute a representation that it is lawful or appropriate in every jurisdiction.

Limitation of Responsibility

To the maximum extent permitted by applicable law, the user assumes the risks associated with:

PredicTrader and Pricellator LLC do not warrant that the software will be uninterrupted, error-free, compatible with every configuration, or suitable for a particular trading objective.

Nothing in this disclosure excludes or limits liability that cannot legally be excluded or limited under applicable law.

Detailed warranty disclaimers, liability limitations, dispute-resolution provisions, and indemnification terms should also appear in the website’s formal Terms of Service, drafted or reviewed by qualified counsel.

Acknowledgment

By downloading, installing, accessing, enabling, or using PredicTrader, the user acknowledges that:

Trading involves a substantial risk of loss.

The user may lose all or more than the initial investment.

PredicTrader does not guarantee profitability.

Automated trading creates additional operational and technological risks.

Stop losses cannot guarantee the amount of a loss.

Simulated and hypothetical results may differ materially from live results.

Default settings may not be appropriate for the user.

The user is solely responsible for account selection, settings, position sizing, supervision, and trading decisions.

PredicTrader does not replace professional financial, legal, accounting, or tax advice.

The user has reviewed and accepts the Risk Disclosure and Terms of Service.