Financial & Trading Disclaimer

Last reviewed

Template, not legal advice

This page is an editable starting point, not a finished legal document. Have a qualified lawyer in your jurisdiction review and adapt it before you rely on it. Edit this page in the admin under Content → Legal pages.

Read this before using anything in AlgoStrategy Lab

AlgoStrategy Lab is educational research. Nothing in it is financial advice, an investment recommendation, a solicitation, or an offer to buy or sell any instrument.

No personalised advice#

Nothing published here takes account of your circumstances, objectives, or risk tolerance. We are not your financial adviser or broker.

Backtests are not predictions#

Backtested and simulated results are hypothetical. They benefit from hindsight, and no matter how carefully constructed they are affected by:

  • Survivorship bias in historical universes
  • Look-ahead bias from data that was not available at decision time
  • Transaction costs, slippage and market impact that are estimated rather than incurred
  • Overfitting from repeated testing against the same history

Past performance — real or simulated — does not indicate future results.

Risk of loss#

Trading and investing involve substantial risk, including total loss of capital. Leveraged and derivative instruments can produce losses exceeding your deposit. Never trade money you cannot afford to lose.

Do your own work#

Any strategy, indicator or code published here is a starting point for your own research. Validate it independently and consult a licensed professional before risking capital.

No results claimed#

We make no claim, expressed or implied, that any approach described here is or will be profitable.