Risk Disclosure

Futures and forex trading risk

Futures and forex trading involves substantial risk and is not suitable 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 one's financial security or lifestyle. 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.

You can lose more than you deposit

Futures are leveraged instruments. A relatively small market movement can have a proportionately larger impact on the funds you have deposited or will have to deposit. You may sustain a total loss of the funds you deposit with your broker, and you may incur losses beyond these amounts. If the market moves against your position, your broker may require additional margin at short notice, and positions may be liquidated at a loss.

Hypothetical performance (CFTC Rule 4.41 / NFA Rule 2-29(c))

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

How the results on this website are produced

• Every result shown is hypothetical: a Strategy Analyzer backtest or simulated trading. None is from a real-money account unless explicitly labelled otherwise.
• Figures are calculated automatically from the platform's trade export and show fixed position size, the commission stated, and the slippage stated. Real fills, commissions, data and latency will differ.
• Backtests on continuous (back-adjusted) contracts may not match prices actually traded in each contract month.
• Results are shown for the default settings stated next to each dataset. Different settings, instruments or periods will produce different results, including larger losses.

Martingale sizing

The strategy includes an optional Martingale mode (off by default) that doubles position size after a losing trade, up to a user-defined multiplier. This mode increases exposure after losses and can amplify drawdowns and losses significantly. Use it only if you fully understand and accept this risk.

Automated trading risk

Automated strategies can malfunction or behave unexpectedly because of software errors, connectivity problems, data-feed errors, platform updates, broker rejections, power loss or incorrect configuration. You must monitor your account, test in simulation first, and keep the ability to intervene manually at all times.

No investment advice

Nothing on this website is investment advice or a recommendation to buy or sell any financial instrument. The strategy is a software tool. All trading decisions, settings and results are the sole responsibility of the user.

Any testimonials may not be representative of the experience of other customers and are not a guarantee of future performance or success.

Third parties

NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. AutoMaker – Cycle Breakout is an independent third-party product. NinjaTrader does not sponsor, endorse, sell, or promote this product and is not responsible for its performance.

Partner trading rooms are independent businesses. Their educational content, opinions and offers are their own.