Risk disclosure

1. General warning

Market tools can organize information and execute configured processes, but they cannot make uncertainty disappear. The amount you commit should be money you can afford to lose without affecting essential expenses.

Illustrations, prior observations and customer experiences are not forecasts. Your outcome can differ because of timing, settings, fees, liquidity and market conditions.

2. Market risk

Prices can change rapidly following economic releases, company news, policy decisions or shifts in sentiment. Digital assets may move outside normal Canadian business hours, leaving less time to react.

Practical measure: set exposure limits in advance, diversify thoughtfully and avoid increasing a position solely because its price has fallen.

3. Liquidity risk

A market may not have enough willing buyers or sellers at the displayed price. An order can fill in parts, at a worse average price or not at all. This difference is often called slippage.

Practical measure: consider order type, current volume and spread. Treat a quoted price as an indication, not a guaranteed execution level.

4. API and integration risk

Connections can fail because of expired credentials, changed permissions, provider maintenance or configuration error. Excessive API permissions can expose more account functions than necessary.

Practical measure: use the least privilege required, disable withdrawal access where possible and revoke unused credentials.

5. Counterparty and custody risk

Funds or assets held by a bank, broker, exchange, custodian or payment provider depend on that entity's operations and legal structure. Insolvency, fraud or withdrawal suspension may affect access.

Practical measure: identify the legal entity holding each asset, review its registration and understand whether any statutory protection applies.

6. Operational risk

Software defects, data errors, internet outages and infrastructure failures can interrupt monitoring or activity. A screen may display stale information while a market continues to move.

Practical measure: maintain independent access to important accounts, review timestamps and know how to pause or revoke a connection.

7. Cybersecurity and phishing risk

Attackers may imitate the brand, support personnel or a payment provider. A successful theft of credentials can lead to unauthorized access, changed settings or loss.

Practical measure: verify the domain, enable multi-factor authentication and never disclose a password, one-time code or recovery key.

8. Model and automation risk

A model can identify a relationship that is temporary, misleading or based on incomplete data. An automated strategy may continue applying a poor configuration faster than a person would.

Practical measure: understand the logic, test settings cautiously, monitor results and set clear conditions for pausing.

9. Service availability risk

Maintenance, network disruption, provider failure or exceptional demand can make functions temporarily unavailable. A planned maintenance window can also overlap with market movement.

Practical measure: do not rely on one interface as the only way to understand or access an important position.

10. Before you begin

Define the strategy in plain language, the maximum loss you can accept and the events that require review. Secure the account, verify the receiving entity and read the fee and withdrawal documents.

Reassess regularly. Changes in income, obligations or market behaviour may make a previously acceptable setting inappropriate. Consider independent professional advice for your circumstances.