Risk Disclosure

Market Risk

Trading and investing involve substantial risk of loss. Prices can move rapidly, markets can gap, liquidity can disappear, and losses may exceed expectations.

Leverage and Derivatives

Forex, futures, options, margin, and leveraged digital-asset products can magnify gains and losses. Options may expire worthless, spreads can create assignment and execution risks, and some leveraged products can produce losses beyond the amount initially committed.

Digital Assets

Cryptocurrency and digital assets may be affected by extreme volatility, custody failures, exchange insolvency, cybersecurity incidents, regulatory changes, and permanent loss.

Commodities and Futures

Commodity exposure may involve contract specifications, expiration, roll costs, weather, geopolitics, supply shocks, and overnight gaps.

Market Data and Technical Summaries

Embedded calendars, charts, market briefs, and technical ratings may be delayed, incomplete, unavailable, or incorrect. A Buy, Sell, or Neutral display is a mechanical summary based on selected inputs and timeframes; it is not a recommendation, prediction, or assurance of future price movement. Verify material information independently before making a decision.

Proprietary Trading Evaluations

Evaluation-based trading programs can require upfront or recurring fees and strict compliance with drawdown, consistency, payout, inactivity, and prohibited-strategy rules. Many stages may use simulated accounts. Passing an evaluation does not guarantee access to live capital, payouts, profits, or continued participation. Program terms and eligibility can change.

Framework Metrics

Any figures used in educational frameworks—including the Iron Citadel’s 1.5% maximum capital allocation, 50% credit-spread profit target, and 100% or greater long-premium objective—are illustrative components of that framework. They are not personalized recommendations, expected returns, or guarantees.

Your Responsibility

Evaluate your financial circumstances, experience, objectives, and risk tolerance. Consider consulting appropriately licensed professionals before making financial decisions. Never trade money you cannot afford to lose.