Risk Disclaimer
⚠ TRADING INVOLVES SUBSTANTIAL RISK OF LOSS. Past performance does not guarantee future results. Algorithmic trading does not guarantee profit. You may lose some or all of your capital. Trade only with money you can afford to lose.
1. General disclaimer
The content on jara-trading.com, including all Expert Advisors (EAs), backtest results, blog posts, videos, and any other materials, is provided for educational and informational purposes only. Nothing on this site constitutes financial, investment, legal, or tax advice.
I am not a licensed financial advisor, broker, or investment manager. I am an individual algorithmic trader and software developer. You are solely responsible for your own trading decisions and any resulting gains or losses.
2. No guarantee of results
All backtest results, performance metrics, and historical data presented on this site are based on past market conditions. Past performance is not indicative of future results. Live trading results may differ significantly from backtested results due to:
- Slippage and order execution differences
- Spread variations between brokers
- Market liquidity changes
- Real-world latency vs. simulated execution
- Different market regimes (volatility, correlations, regulations)
- Broker-specific quoting and pricing differences
3. Backtest limitations
All backtests shown on this site are conducted in MetaTrader 5 Strategy Tester using historical data from specific brokers (typically IC Markets or Roboforex demo accounts). These results are subject to inherent limitations:
- Historical data quality varies by broker and time period
- Spread and commission models in backtests may not match live conditions
- Curve-fitting risk: results may be optimized to historical data and underperform live
- Strategy Tester does not simulate real-world latency, requotes, or partial fills
4. Free EAs specific disclaimer
The free EA (JARA ORB) is provided as a complimentary tool for clients of partner brokers. By using it, you acknowledge:
- The EA is provided "as is" without warranty of any kind
- I make no guarantees about live trading performance
- You are solely responsible for monitoring the EA and managing risk
- I may discontinue, modify, or revoke authorization at any time
- You should test on a demo account before deploying real capital
5. Paid EAs (MQL5 Marketplace)
EAs sold on the MQL5 Marketplace (Gold Spectrum, Gold Breakout Fusion, Range Breakout Fusion, New York Breaker, Broker XRay, EA Performance Hub) are subject to MQL5 Marketplace terms in addition to this disclaimer. Refund policies are governed by MQL5's policies — see MQL5.com for details.
6. Affiliate and IB relationships
I have introducing broker (IB) relationships with IC Markets and Roboforex, and affiliate relationships with TradingFXVPS and FX Monitor. When you sign up through my links:
- I may earn a commission from the third party (at no extra cost to you)
- I clearly disclose these relationships in the Resources page
- These relationships do not influence the trading performance you experience
- You are not obligated to use my links — alternatives exist
7. Regional restrictions
Some financial products and brokers may not be available or legal in your jurisdiction. It is your responsibility to verify that:
- Forex/CFD trading is legal in your country
- The broker you choose is authorized to serve clients in your region
- You comply with all local tax and reporting obligations on trading income
8. Suitability
Forex and CFD trading is not suitable for all investors. The high leverage available in these markets can work against you as well as for you. Before trading, you should carefully consider:
- Your investment objectives
- Your financial situation
- Your level of experience
- Your risk tolerance
You should not invest money that you cannot afford to lose. If you have any doubts, seek advice from an independent licensed financial advisor.
9. Limitation of liability
To the maximum extent permitted by law, I (João Jara, operating as Jara Trading) shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from:
- Use of any EA, indicator, or tool I have developed
- Reliance on any information published on this site
- Decisions made based on backtests or performance data
- Technical failures, bugs, or unexpected behavior of any software
- Losses incurred while trading with any broker
10. Acknowledgment
By using this site, downloading any EA, or trading based on any strategy or tool I provide, you acknowledge that you have read, understood, and agreed to this Risk Disclaimer.
Contact
For questions about this Disclaimer, contact: [email protected]