Risk Disclosure

Last updated: February 19, 2026

TRADING CRYPTOCURRENCIES INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR EVERY INVESTOR.

You should carefully consider whether trading is appropriate for you in light of your financial condition. You could lose some or all of your invested capital. Do not trade with money you cannot afford to lose.

1. No Investment Advice

Pulse Trader is a software tool that executes trades based on algorithmic strategies. We are not a registered investment advisor, broker-dealer, or financial planner. Nothing in our Software, website, documentation, or communications constitutes investment advice, financial advice, trading advice, or any other form of professional advice.

2. Past Performance

Past performance does not guarantee future results. Any performance figures shown on our website, in the Software, or in marketing materials (including paper trading results, backtests, and historical returns) are for illustrative purposes only. Actual live trading results may differ materially due to market conditions, slippage, latency, and other factors.

3. Market Risks

  • Volatility: Cryptocurrency prices can move 10-50% in a single day.
  • Liquidity: Some coins may have insufficient liquidity to execute orders at expected prices.
  • Flash crashes: Markets can gap down instantly, bypassing stop-loss orders.
  • Exchange risk: Binance or other exchanges may experience outages, freezing your funds.
  • Regulatory risk: Cryptocurrency regulations may change in your jurisdiction.

4. Technical Risks

  • Software bugs: Despite our testing, the Software may contain bugs that result in unintended trades or missed exits.
  • Connectivity: Internet outages or API failures can prevent the bot from managing positions.
  • Slippage: Market orders may execute at prices different from what was displayed.
  • Hardware failure: If your computer crashes, open positions may not be managed until you restart.

5. Risk Management Limitations

While Pulse Trader includes 8 risk safety gates (circuit breaker, drawdown limit, hard stops, etc.), these mechanisms are not foolproof. In extreme market conditions (flash crashes, exchange halts), stop-loss orders may not execute at the intended price. The circuit breaker relies on BTC price data, which itself may be delayed or unavailable during extreme events.

6. Your Responsibility

You are solely responsible for:

  • Determining whether automated trading is legal in your jurisdiction
  • Configuring the Software with appropriate risk parameters
  • Monitoring your positions and overall portfolio
  • Ensuring your API keys have correct permissions (spot only, no withdrawal)
  • All tax reporting obligations arising from your trades

7. Acknowledgment

By using Pulse Trader in live trading mode, you acknowledge that you have read and understood this Risk Disclosure, that you understand the risks involved in cryptocurrency trading, and that you accept full responsibility for your trading decisions and their outcomes.