Backtesting & Hypothetical Results: Past performance, whether actual or indicated by historical backtesting, is not a guarantee of future results. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Market Conditions: Simulated results do not represent actual trading and cannot account for the impact of financial risk or market liquidity in a live environment (e.g., slippage, news spikes, broker execution). Market conditions are subject to change without notice, which may render previous strategies ineffective.