Risk Disclaimer

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This disclaimer applies to everything on CandleSniff — charts, datasets, notebooks, backtests, signals, strategies, AI-generated summaries and anything posted by other users.
Nothing on CandleSniff is investment advice. We do not know your circumstances, your objectives or your risk tolerance, and nothing we show you is a personal recommendation to buy, sell or hold any financial instrument. Trading and investing carry the risk of losing some or all of your money.

1. Not advice, not a recommendation

[COMPANY_LEGAL_NAME] is not authorised as an investment firm and does not provide investment advice, portfolio management, or any other regulated investment service. The platform gives you data and tools; the interpretation and every decision that follows are entirely yours.

If you need advice, speak to someone authorised to give it in your country, who can take your personal situation into account.

2. We do not execute trades

CandleSniff does not place orders, route them to any venue, hold your money or hold your financial instruments. Portfolio, order and position features are for recording and simulating; they do not connect to a live market. Anything you actually trade, you trade through your own broker, under your own responsibility.

3. The risks

  • You can lose money. Prices move against you as easily as with you. Never risk money you cannot afford to lose.
  • Leverage multiplies losses as well as gains, and can cost you more than you deposited.
  • Crypto-assets are largely unregulated in many jurisdictions, are highly volatile, and are not covered by investor compensation schemes.
  • Past performance says nothing about the future. This applies to your own backtests as much as to anyone else’s track record.
  • Illiquid markets may not let you exit at the price you see.

4. Backtests and simulated results

Simulated results are hypothetical. They are prepared with the benefit of hindsight, and they routinely overstate what a strategy would have achieved in reality because of:

  • overfitting a rule to the sample it was designed on;
  • survivorship bias in the instrument universe;
  • look-ahead bias where data was not actually available at the moment the rule assumes;
  • unmodelled slippage, spreads, funding, borrowing costs, commissions and taxes;
  • the absence of the real constraint that you would have had to keep trading the strategy through its worst drawdown.

Treat a backtest as a hypothesis you have not yet tested, not as evidence of an edge.

5. Data may be wrong

Market data comes from third parties and may be delayed, revised, incomplete or simply incorrect. Corporate actions, splits and delistings may not be reflected. We do not warrant the accuracy, completeness or timeliness of any data, and you should verify anything that matters against your broker or the primary source.

6. Content from other users

Strategies, notebooks, signals, posts and comments published by other users are their opinions, not ours. We do not verify them, endorse them, or check whether their author has any competence or track record. Contributors may hold positions in what they discuss and may profit from your acting on what they say.

Paid channels and subscriptions to other users’ content are a contract between you and that creator. We provide the platform and take a fee; we do not stand behind the content.

7. AI-generated content

Parts of the product use large language models to summarise, explain and suggest. These systems produce fluent text that can be confidently wrong, including inventing figures and misreading data. Check anything an AI feature tells you before relying on it.

8. Your responsibility

You are responsible for determining whether any transaction is suitable for you, for complying with the law and tax rules that apply where you live, and for the consequences of your decisions. [COMPANY_LEGAL_NAME] accepts no liability for trading or investment losses, as set out in our Terms of Service.

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CandleSniff provides research and analytics tools. Nothing on this site is investment advice or a recommendation to trade. Trading carries risk, including the loss of your capital.