Risk Disclosures

General risk statement

Futures trading involves substantial risk of loss and is not suitable for every investor. Past performance, whether actual or simulated, is not indicative of future results. You are solely responsible for your own trading decisions.

Hypothetical and simulated performance (CFTC Rule 4.41)

Any performance figures shown on this site or in our videos that are derived from backtesting, simulation, or hypothetical trading are subject to the following required disclosure:

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

Tools and engineering, not advice

TakeFlight Trading sells software tools and custom software engineering. We do not provide trade signals, personalized trading advice, or account management, and we will not tell you what or when to trade. All tools are standardized software: they compute and display; you decide. TakeFlight Trading is not registered as a Commodity Trading Advisor; its products and services are of the standardized, impersonal character exempt under CFTC Rule 4.14(a)(9).

Custom development is software engineering to the client's specification — the client supplies and owns all trading logic. Nothing in the engagement constitutes a recommendation of that logic.

Trademarks

NinjaTrader® is a registered trademark of NinjaTrader, LLC. TakeFlight Trading is an independent developer and is not affiliated with, endorsed by, or sponsored by NinjaTrader, LLC.