Risk notice
CFD and Forex trading involve substantial risks and are to be regarded as highly speculative transactions which, in extreme cases, involve risks that may exceed the total loss of the capital invested. CFD and Forex trading may be subject to increased risk due to their leverage effect caused by economic and political developments. When using these instruments, one must consciously accept very high risks and very strong fluctuations in returns, prices, currencies and accounts in order to have the chance of very high capital growth in the long term.
By using automated trading systems, a large number of trades can be executed in a short period of time. This allows large leveraged positions to build up in the trading portfolio, which are only reduced in the medium term. Particularly in the case of automatic trading systems, these positions can thus result in a high book loss (drawdown) over this period, which can lead to a substantial loss and can also exceed the total loss of the capital invested. Trading systems sometimes use only market orders and no stop or limit orders for trading transactions. There is a risk that trading losses may be incurred as a result of technical problems (e.g., Internet failure, hardware and software problems, errors in the trading system, failure of the broker connection to the order and quote system). The same trading systems can lead to different results with different brokers. Positive results of trading strategies in the past are not an indicator of future profits.
Please note the following when using our trading systems:
Key figures about past performance are not a guarantee of future performance. They can only be an optimized representation of the past.
Our trading systems have been developed to the best of our knowledge and belief. Despite careful programming, errors may still exist. We assume no liability for errors in the programming of the trading systems.
Use the trading systems only after careful review and only if you are familiar with and agree with the operation of the trading system.
You should only engage in trading with risk capital. The capital that you do not need to live and whose elimination would not change your life circumstances.
You use the trading systems on your own responsibility. You are responsible if the trading systems cause losses.
Often the position size cannot be determined individually directly before each order execution.
Especially when operating trading systems, it is necessary to have an uninterrupted connection to the broker and to the quote supply.
The buy orders (especially MKT orders) can be executed much worse than actually wanted. This can lead to unintentional losses.
Programmed semi- or fully-automatic trading systems should never be activated on an account with real money immediately after receipt. When operating on a demo account, you should make sure that the trading system works technically and logically 100% error-free. When operating trading systems, there are additionally the same dangers that exist with manual trading.
All semi- and fully automated trading systems, indicators and analyses are only information and not a recommendation or investment advice in the sense of the Securities Trading Act. All published information (e.g. backtest results) have been checked to the best of our knowledge and belief. Nevertheless, we do not assume any liability with regard to its accuracy.
Status: 01.03.2022