- P-4.1
How the program loses money
- its logic was fitted to conditions that have already happened, and the market does not hand the same ones back;
- gaps, thin books, requotes and slippage run straight through a planned stop and out the other side;
- it never flinches — a unit that has the market wrong keeps taking the same position at full size until a human intervenes;
- every program carries defects, this one included.
- P-4.2
How your own setup adds to it
- pulling a unit while it sits under water books the loss it was still carrying;
- a machine that sleeps, reboots, fills its disk or loses its line leaves whatever is open to look after itself;
- a risk input pushed past the deployment protocol is a configuration the desk has never run and cannot vouch for;
- your broker’s spread, commission, swap and fill are not the desk’s, and the whole of that gap lands in your result.
- P-4.3
The base case is loss
Assume the money goes. Part of a balance, all of it, and at some brokers more than was deposited. Leverage scales both directions without caring which: units here are profiled for 1:30 and under, and a run of losers at 1:30 still empties an account. Fund this with money whose disappearance would change nothing about your week.
- P-4.4
What is on you
Read the unit before you run it. Demo it at your own broker, not at the desk’s. Size it to a loss you can take. Keep the terminal up. Stay inside your law and inside your broker’s account terms. Any of those you are not willing to do: automated trading is the wrong product, from this desk or from anyone.
- P-4.5
What a past account proves
That the past happened. A published account, where one exists at all, is a record and not a forecast.
- P-4.6
What the money actually bought
Permission to run a compiled file on an account of your own. The desk takes no custody, opens no position, manages nothing, and can neither see nor close anything you have running.
- P-4.7
Nobody here is advising you
No page on this site is financial, investment, legal or tax advice. AlgoTeraX is not a broker, an exchange, a fund or an adviser and holds no licence to act as one. For your own position, pay somebody who is licensed to have an opinion on it.
- P-4.8
Read with
P-5 Benchmark Disclosure and P-1 Sale Terms. Disagree with any line above: do not arm.
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