Risk disclosure

1. Automated trading can produce losses

Automated trading involves a substantial risk of loss and is not suitable for every person. Losses can occur quickly and can include all money allocated to live trading. Some instruments, margin facilities, short positions, futures, derivatives, or broker credit arrangements can produce losses greater than deposited funds.

2. My Portfolio is software, not a broker or adviser

My Portfolio is not a broker, not an investment adviser, not a fiduciary, and not an asset manager. The Vendor does not open brokerage accounts, custody assets, provide brokerage execution, choose broker routing as a broker, or provide individual investment recommendations. User-configured software may send order instructions through broker APIs, but the broker, exchange, and market infrastructure control acceptance, routing, execution, rejection, partial fills, liquidation, account restrictions, and account permissions.

Product content, strategy catalog labels, descriptions, ratings, examples, screenshots, simulations, and marketing materials are informational or marketing materials only. They are not an offer, not a solicitation, not a research report, not tax advice, not legal advice, and not an endorsement of any instrument, issuer, broker, exchange, strategy author, or trading method. You must rely on your own judgment or consult appropriately licensed professionals.

3. User responsibility and suitability

You decide whether automated trading fits your goals, financial situation, experience, jurisdiction, investment profile, and risk tolerance. You choose the broker account, broker credentials and permissions, strategy, parameters, position sizing, limits, live-mode status, and monitoring process. Use only risk capital — money whose total loss would not materially harm your financial position.

4. Mechanical and automated execution

The software can place, modify, or cancel orders automatically according to the configuration you set. Automation can continue while you are away from the screen unless you stop it, disconnect it, shut down the local device, lose connectivity, the broker blocks activity, or your configuration otherwise prevents execution. Mechanical rules do not judge whether current market conditions are appropriate for your personal circumstances.

5. Market risk

Market prices can move sharply and without warning. Volatility, price gaps, trading halts, exchange closures, geopolitical events, interest-rate moves, liquidity shocks, broker actions, issuer events, and market regime changes can create rapid losses, missed entries or exits, and prices materially different from the prices expected by the strategy.

6. Strategy, model, portfolio, and marketplace risk

Strategies and models can be wrong. They may rely on bad assumptions, overfitting, survivorship bias, look-ahead bias, stale parameters, unstable correlations, crowded trades, or market regimes that change after testing. Poor portfolio concentration, lack of diversification, correlated strategies, multiple strategies acting at once, aggregate exposure, leverage, and cross-account or account-level margin effects can make losses larger than expected.

Marketplace and third-party strategy content can carry additional risks. A third-party strategy may be written by an unaffiliated author, contain unverified claims, rely on ratings or reviews with limited reliability, involve author conflicts or compensation, and behave differently in your account because of broker, instrument availability, permissions, fees, taxes, execution venue, capital, or configuration differences.

7. Backtest, simulation, hypothetical-performance, and past-performance limitations

Simulated, hypothetical, or backtested results are not actual trading results. Past performance does not predict, guarantee, or imply future results; the same is true for actual historical performance, live screenshots, ratings, examples, strategy descriptions, community or provider track records, and past performance figures used in marketing.

Backtests and simulations may omit or simplify liquidity, taxes, commissions, fees, slippage, rejects, latency, queue priority, market impact, borrow costs, corporate actions, broker differences, execution venue differences, unavailable instruments, configuration differences, and human behavior under stress. A strategy that looked profitable in a historical test can lose money in live trading.

8. Execution and order-routing risk

Orders may experience slippage, partial fills, rejection, cancellation failure, delayed execution, incorrect order type handling, broker risk filters, exchange limits, position limits, insufficient buying power, or other routing and execution constraints. My Portfolio cannot override broker or exchange decisions and cannot guarantee execution quality, execution speed, order acceptance, fills, or cancellation.

9. Data and market-data risk

Market data and account data may be stale, delayed, missing, corrupted, adjusted, misclassified, duplicated, incomplete, or timed differently across broker, exchange, data vendor, and local-device systems. Bad data can trigger trades, prevent expected trades, produce incorrect indicators or portfolio state, and make monitoring views inaccurate.

10. Connectivity and local-device risk

Live automation depends on your local device and network. Internet outages, power loss, sleep or hibernation, local firewall or antivirus actions, operating-system updates, clock drift, disk or memory limits, broker API downtime, API rate limits, cloud service downtime, notification failure, and monitoring failure can interrupt, delay, duplicate, or prevent expected strategy actions.

11. Software, configuration, and runaway-automation risk

Software can contain defects and strategy content can contain errors. User configuration mistakes, position-sizing mistakes, duplicate orders, repeated retries, accidental live-mode selection, stale strategy versions, misunderstood parameters, and runaway automation can create trades you did not intend. You are responsible for reviewing, testing, limiting, and monitoring each live configuration.

12. Stop, stop-loss, and safety-control limitations

Stop commands, stop-loss orders, limits, kill switches, exposure caps, alerts, and monitoring controls are risk-reduction tools, not guarantees. They may fail, be delayed, be rejected, be unavailable, or execute at worse prices during fast markets, gaps, market closures, connectivity loss, broker API incidents, account restrictions, exchange restrictions, or other operational failures.

13. Leverage, margin, short positions, futures, derivatives, and complex products

Leverage, margin, short positions, futures, derivatives, structured products, currency instruments, and other complex products are not suitable for every investor and can create losses greater than deposits. Broker margin, collateral, risk-level, liquidation, close-out, and short-sale rules apply and may change without notice. Liquidation can occur at unfavorable prices and can leave you owing money.

14. Liquidity and capacity risk

You may be unable to enter or exit the desired size at a reasonable price. Wider spreads, thin order books, small-order effects, minimum lot sizes, strategy capacity limits, crowded trades, and large relative impact in thin instruments can reduce or eliminate expected returns and can increase realized losses.

15. Broker, exchange, and counterparty risk

Your broker and market infrastructure hold or control the account, assets, instruments, orders, and access permissions. Broker API outages, account restrictions, rejected orders, forced liquidation, custodial or counterparty failure, broker fee changes, exchange rule changes, trading suspensions, and account suspension can affect your positions and orders. My Portfolio cannot recover assets from a broker or exchange on your behalf.

16. Cybersecurity and credential risk

Malware, phishing, device compromise, stolen broker tokens, stolen API keys, leaked signing keys, support impersonation, weak local security, or overbroad broker credential permissions can let unauthorized parties view information or place trades. You are responsible for protecting your device, broker sessions, broker tokens, API keys, permissions, and recovery channels.

17. Fees, taxes, and third-party costs

Trading and automation costs can materially affect results. Broker commissions, exchange fees, broker tariffs, taxes, borrow fees, margin interest, subscription fees, market-data fees, depository fees, settlement costs, currency conversion, and other third-party costs may apply. You are responsible for understanding and paying taxes and costs that apply to your trading.

18. Regulatory, sanctions, and product-availability risk

Changes in law, regulator rules, exchange rules, broker policies, sanctions, AML restrictions, trading restrictions, qualified-investor limits, client-category limits, delisting, instrument unavailability, product shutdown, service discontinuation, and jurisdiction restrictions can make a strategy, instrument, broker connection, feature, or account unavailable or unlawful for you.

Do not trade live unless you understand and accept the risks. If you are unsure whether automated trading, a strategy, an instrument, or a broker facility is appropriate or lawful for you, stop automation and consult a licensed professional before proceeding.