Trading is risky. Backtests lie. Read this before relying on anything Strategy OS produces.

1. Trading risk

All forms of trading and investing in securities, including but not limited to equities, options, futures, ETFs, and cryptocurrencies, carry substantial risk. You can lose part or all of your capital. You can lose more than your initial deposit if you trade on margin. The use of leverage amplifies both gains and losses.

2. Past performance

Any reference on the Strategy OS website, panel, dashboard, or research output to historical returns, backtests, win rates, profit factors, t-statistics, drawdowns, expectancies, or other quantitative metrics describes hypothetical performance derived from past data under specific assumptions. Past performance is not indicative of future results. Future market conditions, regime changes, liquidity, transaction costs, and execution behavior will differ from the historical sample.

3. Backtest and simulation limitations

Backtests and paper simulations are subject to well-known limitations, including but not limited to:

• Sampling error. A few hundred trades is a small statistical sample. Apparent edges can disappear with additional data.
• Overfitting. Filter parameters chosen on historical data may capture noise rather than signal, producing in-sample performance that does not repeat out-of-sample.
• Cost assumptions. Simulated fees and slippage are estimates. Real execution can produce worse fills, particularly in thin names or fast markets.
• Lookahead bias. Even careful backtests can inadvertently use data unavailable at the simulated decision time.
• Survivorship bias. Historical universes may exclude delisted or failed instruments, inflating apparent outcomes.
• Regime change. Even a valid historical edge may decay or reverse as market participants, liquidity, regulation, and macro conditions evolve.

4. Paper-to-live divergence

Live trading routinely diverges from paper simulation. Common causes include position sizing differences, order-type differences, broker-imposed risk caps, account constraints (e.g., cash versus margin), connectivity outages, partial fills, missed signals, delayed entries, taxes, and operator discretion. Our own EC_V1 case study illustrates an extreme version of this gap. Always assume your live results will be worse than your simulation results.

5. No personalized advice

Strategy OS does not consider your personal financial situation, objectives, tax position, risk tolerance, or jurisdiction. Nothing on the service constitutes personalized investment, legal, accounting, or tax advice. You should consult appropriately licensed professionals in your jurisdiction before acting on any research output.

6. AI-generated content

Strategy OS includes AI-assisted review and summary features. AI output can be incorrect, incomplete, or inconsistent with the underlying data. AI output is provided as a research aid, not as a substitute for independent judgment. Do not act on AI output without verifying the underlying evidence.

7. Data sources

Research output is derived from public sources, including SEC EDGAR filings and third-party historical price feeds. We make reasonable efforts to validate ingestion accuracy, but we do not warrant the completeness, timeliness, or correctness of third-party data. Errors in source data will propagate to our output.

8. Your responsibility

Trading decisions, position sizing, order entry, risk management, and account-level constraints are your sole responsibility. Strategy OS is a research and audit tool, not a portfolio manager, not a broker, and not a fiduciary. Use the output only as one input among several in your own decision process.

9. Where you should not use this

Strategy OS is built for active, experienced traders who can independently assess research output. It is not built for:

• Retirement-account passive investing.
• Investors looking for “what to buy today” without doing their own analysis.
• Anyone trading with capital they cannot afford to lose entirely.
• Use as the sole basis of an investment decision in any account.

10. Acknowledgement

By using Strategy OS, you confirm that you have read, understood, and accepted this Risk Disclosure together with our Terms of Service and Privacy Policy, and that you take full responsibility for any trading or investment decisions you make.