READ THIS BEFORE YOU TRADE. Trading futures involves substantial risk of loss and is not suitable for every investor. The leveraged nature of futures trading means that small market movements can produce proportionally large effects on your account. You can lose more than you initially deposit. Past performance — yours, anyone else's, or any pattern's statistics shown in the Service — is not indicative of future results. Carefully consider whether trading futures is appropriate for your financial circumstances, experience, and risk tolerance.
This Risk Disclosure explains the risks of futures trading generally and the specific risks of relying on TRADECOACH (the "Service") in your trading practice. It supplements (and does not replace) any risk disclosures provided by your broker, your futures commission merchant, or your prop firm. You should read all of those documents as well.
By using the Service you acknowledge that you have read and understood this disclosure.
Futures contracts are leveraged instruments. A small adverse move in the underlying market can result in a loss substantially greater than your initial deposit (margin). In some cases the loss can exceed the value of the account. You should never trade with money you cannot afford to lose.
Futures markets can move rapidly and unpredictably. News events, economic releases, geopolitical developments, and shifts in market sentiment can cause large price movements with little or no warning. Slippage, gaps, and execution failures can produce losses worse than expected stop-loss levels.
In certain market conditions, it may be difficult or impossible to liquidate a position at a reasonable price. Spreads can widen dramatically. Limit-up and limit-down conditions can lock positions for extended periods.
If your account equity falls below required margin levels, your broker may liquidate your positions at unfavorable prices without prior notice. You remain responsible for any resulting deficit.
Broker insolvency, exchange disruption, and infrastructure failures can result in trading losses, delayed execution, and impaired access to your account. TRADECOACH has no control over and no responsibility for these risks.
Proprietary trading firms ("prop firms") typically impose strict rules on their evaluation and funded accounts. Common rule categories include maximum drawdown limits (intraday or end-of-day, often trailing), daily loss limits, consistency rules, minimum trading days, position-size caps, prohibited products, news-trading restrictions, end-of-day flat requirements, and payout cadence rules. Violating any of these rules can result in immediate account closure, forfeiture of fees paid, and loss of access to allocated capital.
Prop firm rules vary significantly between firms, between plan tiers within a single firm, and between phases of a trader's progression (evaluation, sim-funded, live-funded). Rules also change over time, sometimes without advance notice. The mechanics of trailing drawdown calculations, lock thresholds, consistency-rule scope, and payout caps can be subtle and easy to misunderstand.
Your responsibility: You are responsible for understanding the rules of any prop firm account you trade and for ensuring your trading complies with those rules. Misunderstanding or misapplying a rule — whether you found that rule in TRADECOACH or elsewhere — can result in account loss for which TRADECOACH bears no responsibility.
Using TRADECOACH does not increase your probability of passing a prop firm evaluation or remaining funded. Trading outcomes are determined by your trading decisions and market behavior, neither of which TRADECOACH controls.
TRADECOACH is a software journal and analytics tool. We are not a broker, futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, registered investment advisor, financial advisor, fiduciary, or any other category of regulated financial entity. We do not produce trading signals, recommendations, or specific advice. Any analytics, statistics, AI-generated commentary, or suggestions displayed in the Service are informational only and are not a recommendation to make or refrain from making any trade.
TRADECOACH includes pre-built rule templates for various prop firms. These are informational only. We source values directly from each firm's official Help Center or Knowledge Base on the verification date displayed on the saved account, and we run automated daily audits to detect changes.
However, prop firms may change rules without notice, our automated processes may fail or lag, and we may make extraction or interpretation errors. You must independently verify any rule with your firm before relying on it. We accept no liability for losses, account violations, missed payouts, account closures, or any other adverse outcome arising from inaccurate, outdated, incomplete, or misinterpreted templates.
Every saved account in the Service shows a link to the source rules page and the date we verified it. Click through. Compare against your firm's current published rules. If something is inconsistent, use the "Report incorrect" link in the account view or email support@tradecoach.pro.
The Service computes statistics from the trade data you log: win rates, profit factors, R-multiples, MAE/MFE distributions, pattern performance, and many others. These statistics describe your historical trading. They are not predictions of future performance.
Common analytical pitfalls to be aware of:
TRADECOACH does not detect or correct for any of these biases on your behalf. Apply judgment.
The Service may include AI-generated commentary on your trades, journal entries, or accounts. AI outputs may be inaccurate, biased, incomplete, or misleading. Treat them as input to your thinking, not as conclusions. Do not place trades, take payouts, accept losses, or make any other decision based solely on an AI output.
The Service depends on the data you provide. If you log a trade incorrectly, all downstream analytics involving that trade will be incorrect. If you mis-tag a pattern, pattern-level statistics will reflect the mis-tagging. We provide tools to help you maintain clean data but ultimately your data hygiene is your responsibility.
We do not guarantee uninterrupted access to the Service. Outages, maintenance windows, third-party infrastructure failures, and other disruptions may occur. Do not rely on the Service for time-sensitive decisions where its unavailability could cause harm. In particular, do not rely on the Service's live drawdown gauge or daily-loss-limit countdown as your primary risk control during a trading session — your broker's risk controls are authoritative.
Past performance is not indicative of future results. This applies to your own trading history shown in the Service, to any aggregate or anonymized statistics we may publish, to any case studies or testimonials, and to AI-generated assessments of patterns or strategies. A pattern that has worked may stop working. A trader who has been profitable may stop being profitable. Markets change.
Nothing in the Service or its documentation constitutes individualized financial, investment, tax, or legal advice. We do not know your financial situation, risk tolerance, tax position, or trading objectives, and we are not qualified to opine on them. For advice tailored to your situation, consult a licensed professional.
TRADECOACH is a software service, not a financial services firm. We are not registered with the U.S. Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA), the Securities and Exchange Commission (SEC), or any equivalent regulator. We do not require such registration to operate as a software journal and analytics tool, because we do not solicit trades, accept funds, manage accounts, or give individualized advice. If your circumstances require regulated advice, seek a registered professional.
Regulations differ by jurisdiction. You are responsible for understanding the rules that apply where you live and where you trade.
By using TRADECOACH, you acknowledge that:
We may update this Risk Disclosure as our Service evolves and as relevant laws and regulations change. Material changes will be communicated by email and/or via a prominent notice in the Service. Continued use of the Service after the effective date constitutes acceptance.
Questions or concerns about risk-related aspects of the Service: support@tradecoach.pro.