Risk Disclaimer

Last updated 16 September 2026

Trading futures, options and other leveraged products involves substantial risk of loss and is not suitable for every investor. You can lose more than your initial deposit. Only trade with money you can afford to lose.

Education, not advice

All content provided by The Trading Path — including levels, charts, calculations, indicators, simulators, videos, AI-generated commentary and community posts — is for educational and informational purposes only. It is not investment, financial, legal or tax advice, and it is not a recommendation to buy or sell any instrument. We are not registered as an investment adviser, broker-dealer, commodity trading advisor or commodity pool operator with the SEC, CFTC, NFA, FCA or any other regulator. Consider consulting a licensed professional before making financial decisions.

Levels and market data

Levels and positioning statistics are estimates derived from third-party market data and our own calculations and models. They may be delayed, incomplete or wrong. Conversions between indices, ETFs and futures are approximations. A level is not a prediction: markets can and do move through levels without reacting.

AI-generated content

The morning bias, chat assistant and other AI features generate content automatically. It may contain errors and is not individually reviewed before you see it.

Hypothetical and simulated results

Backtests, simulators and any example or hypothetical trades are simulated. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT 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 REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Past performance and other traders

Past performance is not indicative of future results. Results shared by educators or other members are not typical, are not verified by us and do not guarantee that you will achieve similar results. Educators and members may hold positions in the instruments they discuss.

Your responsibility

You are solely responsible for your trading decisions and their results. By using the Service you accept that we are not liable for any loss or damage arising from reliance on its content, as set out in our Terms of Service.