Risk disclosure

DayTradingSoftware is a software tool for scanning, alerts, journaling, analytics and simple backtests. The administrator of the daytradingsoftware.com service is not a registered investment adviser, broker-dealer or financial planner, and does not hold your funds or execute trades.

Nothing on the website, in the product, in emails or in support replies is investment, financial, tax or legal advice, and nothing is a recommendation to buy, sell or hold any security.

A stock appearing in a scan, a watchlist or an alert means only that it matched the conditions you or a template defined at that moment. It is not a signal, a forecast or an opinion about the stock.

Trading stocks, and day trading in particular, involves substantial risk of loss and is not suitable for everyone. You can lose some or all of the money you trade with. Only trade with money you can afford to lose. Many people who day trade lose money.

Trading on margin increases both potential gains and potential losses. You can lose more than your initial deposit and may be required to add funds on short notice, and your broker may close positions without asking you.

Under FINRA rules, a customer who makes four or more day trades within five business days in a margin account, where those trades are more than 6% of total trades in that period, is generally treated as a pattern day trader and must keep at least $25,000 of equity in the account on any day they day trade. These rules can change and your broker may apply stricter ones, so check the requirements that apply to your account with your broker.

Low float and low priced stocks can move very quickly in both directions, have wide bid and ask spreads and thin liquidity. Trading can be halted for volatility or pending news, and a stock can reopen far from the last price, so a stop order may fill well beyond its level or not at all. Premarket and after hours sessions have lower liquidity and larger price swings.

We use licensed real-time US market data, but data can be delayed, incomplete or wrong, and the service, your internet connection, the data provider or your broker can be unavailable. Always confirm prices and order status in your brokerage platform before acting.

Backtest results are hypothetical. They are calculated after the fact on historical data, do not reflect real fills, slippage, halts, borrow availability, commissions in every case or the emotional pressure of live trading, and can be tuned to fit the past. Past performance, real or hypothetical, does not guarantee future results.

The AI day review summarizes your own journal entries. It can misread or miss information, does not see the market, does not predict prices and does not give recommendations. Treat it as a prompt for your own review.

Statistics such as expectancy, profit factor and average R describe your past trades as recorded. They depend on the accuracy of your imports and entries and do not predict future results.

You alone decide whether, when and how to trade, and you are responsible for your results, your compliance with the rules of your broker, exchange and jurisdiction, and your taxes. Consider talking to a licensed professional before trading. Questions about this disclosure can be sent to [email protected].