Risk Disclosure

Investing and trading carries a REAL possibility of losing part or ALL committed capital, in very short timeframes and regardless of trader experience. No strategy, system, indicator, formula, AI or technology — however sophisticated — can eliminate, reduce or guarantee coverage of loss risk. Never invest money you cannot afford to lose IN FULL and that is not EXPLICITLY earmarked for risk.

CFDs, futures and other leveraged products are COMPLEX financial instruments and come with a high risk of rapid loss of money due to leverage. According to ESMA data and standard disclosures of EU-regulated brokers, between 70% and 85% of retail accounts LOSE money trading CFDs. You must consider whether you understand how CFDs and other leveraged products work and whether you can afford to take this HIGH risk of loss. Leverage amplifies both gains and losses and may cause losses EXCEEDING the initially posted margin (negative balance).

Cryptocurrencies, tokens, NFTs and digital assets are extremely volatile, illiquid on many markets, largely not uniformly regulated (MiCAR is being phased in across the EU), exposed to specific risks of: custody, exchange (insolvency, hacking, freezes), smart-contract (bugs, exploits, rug-pulls), forks, 51% attacks, irreversible loss of private keys, sudden regulatory bans, market manipulation, wash trading and fraudulent schemes. A crypto asset's value can drop to ZERO in very short timeframes. No deposit-guarantee schemes (analogous to bank deposit insurance) apply.

Options, futures and derivative strategies may involve POTENTIALLY UNLIMITED losses (e.g. naked call/put writing, short futures, synthetic spreads), require advanced understanding of greeks, implied volatility, time decay (theta), early assignment, active margin management, rolling, hedging and venue-specific rules. They are NOT suitable for beginners and may require an appropriateness/suitability assessment with your broker.

Backtests, historical replays, Monte Carlo simulations, walk-forward, equity curves, win-rate, R-multiple, profit factor, expectancy, sharpe, sortino, max drawdown, calmar and any other metric displayed in the Service are EDUCATIONAL INDICATORS computed on historical or simulated data and do NOT represent results actually achievable. Past, simulated or hypothetical performance is NOT indicative of, nor a guarantee of, future performance.

Hypothetical performance warning (analogous to CFTC Rule 4.41 and NFA Rule 2-29(c)): HYPOTHETICAL or SIMULATED performance results have inherent limitations. Unlike actual performance, simulated results do not represent actual trading and, being constructed with the benefit of hindsight, may compensate for or understate the impact of real market factors such as insufficient liquidity, slippage, gaps, transaction costs, taxes, commissions, widened spreads, trading halts and volatility shocks. Simulated trading programs are also subject to the fact that they are designed with the benefit of hindsight. No representation is made that any account will or is likely to achieve profits or losses similar to those shown.

Service outputs are generated, in whole or in part, by probabilistic AI models (LLMs, vision models, quantitative models). Such models CAN AND TYPICALLY produce: factual errors, hallucinations (plausibly-stated but invented information), omissions, inaccurate price levels, misinterpretations of charts, references to nonexistent events, outdated volume/open-interest data, approximate statistical calculations, training bias. The models do NOT have exhaustive real-time access to order books, instant news, dividends, splits, corporate actions or private information. NEVER treat an AI output as fact: ALWAYS verify prices, levels, news and data on your broker's and market-data provider's official sources.

The Service does NOT profile your financial situation, experience, knowledge, investment objectives, time horizon, risk tolerance, loss capacity, tax knowledge or pension needs. Accordingly, NO output, lesson, alert or coach message can be considered "suitable" or "appropriate" for you, nor can it replace the suitability/appropriateness assessment your regulated intermediary must perform under MiFID II. Before trading, consult a financial advisor authorised in your jurisdiction.

Joining prop firm challenges involves paying NON-REFUNDABLE fees if you fail, and accepting strict rules (daily drawdown, max drawdown, news trading, weekend hold, scaling, payout, risk/reward ratios). Such rules ALWAYS prevail over Service output. WhaleGPT does NOT guarantee: challenge passing, profit-split crediting, funded-account delivery, funded-account duration, firm solvency, continuity of your relationship with the firm, accuracy of data published by the firm. ALWAYS verify up-to-date conditions on the firm's official website before participating.

• Risk of insolvency of broker, exchange, prop firm or depositary bank;
• Risk of slippage, requotes, latency, disconnection, execution errors;
• Risk of market gaps at opening, after holidays, during high-impact news, during geopolitical crises;
• Risk of trading halts, regulatory suspensions, circuit breakers, unilateral margin changes;
• Risk of hacking, phishing, social engineering, smishing, sim-swap, credential loss;
• Risk of blackouts, DDoS attacks, cloud failures, trading-platform unavailability.

Trading can induce stress, anxiety, addiction, FOMO, revenge trading, overtrading, cognitive dissonance, cognitive biases (loss aversion, anchoring, confirmation bias, recency bias), sleep loss and impact on personal relationships. If you believe you have a compulsive relationship with trading or gambling, seek professional help immediately (e.g. in Italy: Telefono Verde Nazionale 800 558 822).

You are SOLELY responsible for the correct declaration and payment of taxes on your capital gains, dividends, interest, crypto gains, prop-firm earnings and any other income arising from your trading or investment activity. WhaleGPT does NOT provide tax advice. Consult a qualified tax advisor or accountant.

The Service may not be available or lawfully usable in some jurisdictions due to local regulatory restrictions. You must verify the lawfulness of using the Service in your country of residence BEFORE subscribing. WhaleGPT is not liable for consequences arising from use of the Service in breach of local laws.

No Service content, lesson, output, mentor, framework or technology guarantees, promises or suggests any financial result. Claims such as "+X% per month", "guaranteed funded trader", "90% win-rate", "risk-free profits" or "infallible systems" are ALWAYS to be considered false: WhaleGPT does not endorse them.

By continuing to use the Service you confirm you have read, understood and FULLY accepted this Risk Disclosure and assume FULL and EXCLUSIVE risk of any of your financial, trading or investment decisions. WhaleGPT disclaims any responsibility for losses, lost gains or damages of any nature.