Placeholder text: the final wording is still to be written (TODO(owner)). Nothing on this page is legal advice.

Risk disclosure

TODO(owner): final wording. The points below are the ones the app also asks you to acknowledge before your first live bot.

Live trading uses real money

A live bot places real orders with the money in your exchange account. You can lose some or all of the bot's budget.
There are no guaranteed returns. Past results, backtests and paper results do not predict future results.
A stop-loss is checked on each candle's close, not its low. In a fast fall the sale can happen well below the stop-loss level.
Exchanges have outages, maintenance and delays. An order may fill late, at a worse price, or not at all while the exchange is unavailable.
Fees and slippage reduce every trade's result.

TODO(owner): volatility, liquidity, regulation and custody risks.

TODO(owner): bugs, delays, and what the service does if it cannot reach an exchange.