Not financial advice

Pendulum Trader is an educational and trading-psychology coaching tool. It is not, and should not be interpreted as, investment advice, tax advice, legal advice, a recommendation to buy or sell any security or futures contract, or a solicitation of any kind. Nothing produced by the AI coach, shadow-trader personas, tilt detection, journal insights, Hermetic principle articles, blog posts, or emails constitutes personalized financial advice.

Pendulum Trader is not a registered broker-dealer, investment adviser, commodity trading advisor (CTA), commodity pool operator (CPO), futures commission merchant (FCM), introducing broker, or financial planner, and no one at Pendulum Trader is acting in any such capacity. If you need personalized advice, consult a licensed professional in your jurisdiction.

Substantial risk of loss

Trading futures, options on futures, equities, options, forex, cryptocurrencies, and other leveraged or derivative products involves a substantial risk of loss and is not suitable for every investor. You can lose some, all, or — in the case of leveraged instruments — more than the amount you deposit.

Leverage magnifies both gains and losses. A small adverse move can produce a total loss of capital in a very short period of time. You should carefully consider whether trading is appropriate for you in light of your financial condition, investment experience, risk tolerance, and objectives.

Past performance is not indicative of future results

Any reference to past results — whether from your own trading data imported into Pendulum Trader, from hypothetical examples, from testimonials, or from content on our website — does not guarantee future performance. Patterns observed in the past may not repeat. Market conditions change.

Hypothetical and simulated results

Hypothetical or simulated performance results have inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading, are generally prepared with the benefit of hindsight, and do not account for all of the financial risk of actual trading. The ability to withstand losses or to adhere to a particular trading plan despite losses are material points that can adversely affect actual trading results. There are many factors related to the markets in general and to the implementation of any specific trading strategy that cannot be fully accounted for and may materially affect the actual results.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown inside Pendulum Trader, in our educational material, or in any communication from us.

CFTC Rule 4.41

In compliance with U.S. Commodity Futures Trading Commission Rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.

No guarantee of profitability

Pendulum Trader makes no guarantees, promises, or representations about your trading outcomes. Using the Service will not make you a profitable trader. The Service is a coaching and self-awareness tool — the trading decisions, risk management, and execution are entirely yours.

AI outputs are probabilistic

The AI coach features generate outputs using large language models. These outputs are probabilistic and can be inaccurate, incomplete, or misleading. They are not a substitute for professional judgment. Do not treat any AI-generated text as a trading recommendation. Always verify independently before acting on any suggestion.

Testimonials

Any testimonials or user stories displayed on the Service reflect the personal experiences of individual users and are not representative of the experience of all users. Results vary significantly based on effort, risk management, market conditions, and individual psychology. Testimonials are not paid for unless explicitly disclosed.

Affiliate disclosure

If Pendulum Trader links to third-party brokers, prop firms, platforms, books, or tools and earns a referral commission, we will clearly disclose the relationship next to the link in accordance with U.S. Federal Trade Commission (FTC) guidelines (16 CFR Part 255). Affiliate relationships do not affect our editorial content or the tools we recommend.

Jurisdictional note

The information on Pendulum Trader is not directed at residents of any jurisdiction where its use would be contrary to local law. It is your responsibility to determine whether your use of the Service complies with the laws and regulations of your jurisdiction.

Acknowledgement

By using Pendulum Trader you acknowledge that you have read, understood, and accepted this Risk Disclaimer, along with our Terms of Service and Privacy Policy. If you do not accept any of the above, you must not use the Service.

Questions? Email support@pendulumtrader.com.

Risk disclaimer.