Risk disclosures
Draft — not yet reviewed by counsel. The risks described here are real and stated plainly, but this page has not been through legal review and must be replaced with a reviewed version before launch.
Trading involves substantial risk
Trading stocks, options, futures and cryptocurrency carries a significant risk of loss and is not suitable for everyone. You can lose more than you initially invested, particularly when trading on margin or in leveraged products such as futures. Past performance — yours, ours, or anyone else's — does not indicate future results.
We are not your adviser
ezpztrader does not provide investment advice, recommendations, signals, or research. We are not a broker-dealer or a registered investment adviser. Every trading decision is yours, and you should consider taking independent professional advice before trading.
Risks specific to automation
Automating a strategy introduces failure modes that manual trading does not have:
- Faults in your own logic. A strategy that behaved well in a backtest can behave very differently live, and errors execute at full speed without hesitation.
- Delivery failure. Alerts from third-party platforms can be delayed or never arrive at all. An entry may fill while its intended exit does not.
- Broker and connectivity failures. Outages, rate limits, expired authorisations and API changes can all prevent an order from reaching the market.
- Conflicting signals. Signals arriving close together are not guaranteed to execute in the order you intended.
- Speed of loss. An automated system can accumulate losing positions faster than you would manually, and faster than you may be able to intervene.
- Rejections are not retried. Once an order has been submitted and rejected by a broker, we do not resubmit it automatically.
You must monitor your positions
Automation reduces manual work; it does not remove your responsibility. You are expected to monitor your accounts and be prepared to intervene manually — including closing positions directly with your broker if the platform is unavailable.
Simulated results
Paper trading results are simulated. Fills are modelled rather than real, and simulated performance routinely overstates what the same strategy would achieve live, because it cannot fully reproduce slippage, liquidity, or the emotional reality of trading actual capital.
Prop firm accounts
Many proprietary trading firms restrict or prohibit automated execution and copy trading. ezpztrader does not monitor or enforce firm rules such as drawdown limits, daily loss caps, or consistency requirements. Complying with your firm's rules — including confirming that automation is permitted at all — is entirely your responsibility.