Risk disclosure

Securities, futures, options, currencies and crypto assets move for reasons no software predicts. Nothing in While25 reduces market risk; it gives you better tools for deciding what to do about it, which is not the same thing.

A running strategy can lose money quickly, repeatedly, and while you are not watching. A mistake in one line of code can place the wrong order, the right order in the wrong size, or the same order many times.

Test in a backtest, then on paper, then live with small size. Set risk limits before you start, not after something goes wrong. Keep watching: automation is not supervision.

Stop, stop-limit, trailing and bracket exits and entry triggers you create in While25 are watched and fired by the app on your computer. They are not placed at your broker.

They do nothing while the app is closed, starting, restarting or updating, while your computer sleeps or is offline, or while the connection to your broker or market data is down. Bad or late data can make them fire late, early, twice or not at all. If you cannot keep the app running and watched, keep the protective orders you depend on at your broker.

A backtest simulates your rules over past data. Markets you tested on will not repeat. Costs, slippage, liquidity and the exact moment of a fill are approximations, however careful the engine is.

Past performance does not indicate future results. Paper trading results are not live trading results: paper fills do not compete for liquidity and never move the market.

Code the AI assistant writes can be incorrect in ways that are not obvious from reading the output. It can misunderstand your intent, use a function that does not exist, or state something untrue with confidence. Read what it writes before you run it; the full statement is in the AI disclosure.

Your machine can crash or sleep. A network can drop mid-order. A broker or exchange can reject, delay, duplicate or mis-execute an order, or go down entirely. Market data can be late, wrong or missing, and a strategy acting on bad data acts badly.

Know how to stop everything by hand: the kill switch, cancel all, square off. Know your broker's phone number and how to reach them if your software cannot.

While25 does not recommend trades and does not supply strategies. Everything that runs is what you wrote or approved, and you are responsible for every order that leaves your computer, including orders sent by a strategy you started.

You are also responsible for trading lawfully, including your exchange's and broker's rules and any registration or reporting your own regulator requires of you. If you are unsure whether a strategy is appropriate for you, take advice from someone qualified and independent. That is not us.