Risk disclosure

The page the rest of the industry keeps in small print.

This product exists because these facts are usually hidden. Here they are in body text.

The arithmetic is against you by default

On a fixed-payout instrument, a win pays less than a loss costs. At a 92% payout you must be right about 52.1% of the time just to stand still; at 80%, about 55.6%. Being right half the time — which is what randomness gives you — loses money at every payout below 100%. The breakeven panel in the chart computes this for whatever you are looking at, live.

Costs are real even when invisible

On the real market the spread is charged on the way in and the way out; the chart measures it live and shows what share of a typical bar it eats. On OTC instruments there is no visible spread — the cost is carried inside the payout instead. It has not gone anywhere.

Small samples lie

Ten winning trades prove almost nothing; the practice record in this product reports a confidence interval and a coin-flip comparison precisely because a short winning streak is the most dangerous thing a new trader can experience. Strategies validated on hundreds of trades have gone on to lose — one such case is documented, with its numbers, inside the course.

What follows