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Risk Disclosure

Important information for traders

Trading in foreign exchange (Forex), commodities, and other financial instruments carries a high level of risk and may not be suitable for all investors. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite.

1. High Risk Investment

Trading leveraged products such as Forex and CFDs involves substantial risk of loss and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. You could sustain a loss of some or all of your initial investment.

2. No Guarantee of Profits

Losses Possible
You may lose capital
Past ≠ Future
Results may vary
Risk Capital
Only trade what you can lose

There is no guarantee that any trading system, including the Monk Breakout EA, will generate profits or prevent losses. Past performance shown in backtests or historical data is not indicative of future results.

3. Automated Trading Risks

Using automated trading systems (Expert Advisors) carries additional risks:

  • Technical failures including internet connectivity issues, server downtime, and platform errors
  • Slippage and requotes during volatile market conditions
  • Differences between backtest results and live trading due to market conditions
  • Broker-specific execution policies and spread variations

4. Backtest Limitations

The performance data shown on this website is based on historical backtesting. Backtest results have inherent limitations: they are prepared with the benefit of hindsight, do not reflect actual trading, and may not account for all market factors such as liquidity constraints and slippage.

5. Not Financial Advice

Nothing on this website constitutes investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any of the website's content as such. Monk Algo does not recommend that any financial instrument should be bought, sold, or held by you.

6. Your Responsibilities

  • Conduct your own due diligence before trading
  • Consult with a qualified financial advisor if needed
  • Only invest money that you can afford to lose
  • Understand the risks associated with leveraged trading
  • Monitor your trading account regularly

7. Disclaimer of Liability

Monk Algo, its owners, employees, and affiliates will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on the information provided on this website or the use of our EA software.

8. Acknowledgment

By using Monk Algo's services, you acknowledge that you have read and understood this Risk Disclosure, and you accept full responsibility for your trading decisions and any resulting profits or losses.