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Risk Disclosure Statement

Last updated: September 7, 2026  ยท  Pirate Traders Inc.

Read this before you use CutlassEdge. It is short on purpose, and it is honest.

1. Trading futures can cost you everything you put in, and more

Futures and other leveraged instruments carry substantial risk. Leverage works both ways: small market moves can produce losses larger than your initial deposit. You are responsible for every trade you place and every dollar you lose. Only risk capital, money you can afford to lose without changing your life, should ever be traded. If losing your trading account would harm your financial security, do not trade.

2. CutlassEdge is a chart and analytics tool, not an advisor

CutlassEdge draws market structure and computes statistics from data you supply. It does not know you, your account, your risk tolerance, or your situation. Nothing it displays is investment advice, trading advice, a recommendation, or a signal. No feature tells you to buy or sell anything. Pirate Traders Inc. is not registered as an investment adviser or commodity trading advisor with any federal or state authority. If you need advice, consult a qualified professional who knows your circumstances.

3. The statistics describe the past, not the future

Features like base rates, "what happened next" tables, analog days, and confluence scores are computed from historical data, with sample sizes shown. History does not repeat on command. Markets change, and a pattern that held in the data can fail immediately after you act on it. A base rate is a description of what happened before. It is never a promise about what happens next.

4. Hypothetical and historical results have built-in limits

Any statistic derived from historical data, and any backtested or hypothetical result, has inherent limitations. Such results do not represent actual trading, are prepared with the benefit of hindsight, do not reflect the discipline, fear, slippage, fees, and liquidity of real markets, and no representation is being made that any account will or is likely to achieve results similar to those shown. Past performance, real or hypothetical, is not indicative of future results.

5. Software has bugs, data has errors, feeds go down

CutlassEdge is software. Despite testing, it can contain defects, display inaccurate values, mislabel structure, or fail at a bad moment. Your data connection can stall, deliver bad prices, or disconnect during a trade. Never depend on CutlassEdge alone to manage open-position risk. Keep your protective orders with your broker, verify important levels independently, and have a plan for acting without the app if it becomes unavailable. We do not warrant accuracy, completeness, or uninterrupted operation, and we are not liable for your trading losses.

6. AI and automated analysis have limits

Where CutlassEdge presents automated classifications or, in future versions, AI-generated narration of computed data, that content is descriptive, can be wrong, and is clearly not advice. Automated analysis inherits every limitation of the data and rules behind it.

7. You accept all of this by using CutlassEdge

By purchasing or using CutlassEdge you acknowledge that you have read and understood this statement, that you assume all risk of your trading decisions and results, and that Pirate Traders Inc. and its officers bear no responsibility for your trading outcomes, as further detailed in the End User License Agreement.

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Trading futures involves substantial risk of loss and is not suitable for everyone. Everything we publish is education and information, not investment advice or a recommendation. Past performance, real or simulated, does not indicate future results.
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