Disclaimer

1. PortfolioTA is not investment advice

Trade Confident LLC is not a registered investment adviser, broker-dealer, commodity trading advisor, financial planner, tax professional, attorney or accounting firm in any jurisdiction.

Nothing on PortfolioTA.com constitutes investment, financial, securities, commodity trading, legal, accounting or tax advice, or a recommendation, offer or solicitation to buy, sell or hold any cryptocurrency, security, exchange-traded fund, commodity, precious metal or other asset.

PortfolioTA does not tell you what to buy, what to sell, when to trade, or how to allocate your money. It does not evaluate your financial situation, investment objectives, risk tolerance, liquidity needs, tax position or any other personal circumstance, and no output of the Website is tailored to you or generated from information about you.

Your use of the Website does not create any fiduciary, advisory, professional, agency or client relationship between you and Trade Confident LLC. Any decision to buy, sell or hold any asset is yours alone.

2. Your figures come from your own entries

All position information is entered by you. PortfolioTA does not connect to your exchange, brokerage or bank, and does not verify, validate or independently source anything you enter.

Break-even, cost basis, position size and profit and loss are arithmetic performed on the values you supply, combined with third-party market price data. If what you entered is wrong, every figure derived from it will be wrong. Unless you have entered them, figures exclude trading fees, spreads, slippage, funding costs and taxes.

3. Indicators and models are impersonal and identical for every user

Every indicator, level and model on the Website is computed from publicly observable market price data using a fixed, predetermined formula. None of them uses, references or responds to your holdings, your portfolio, your cash balance or anything else about you. Every user with access to a given feature sees the same output for the same asset over the same period.

This includes:

• automatically calculated support and resistance levels, which describe price levels at which an asset has previously traded or reacted;
• the DCA Indicator, including its Accumulation and Distribution markers and its calculated break-even line;
• DCA Model Exposure, which expresses a calculation as a market-versus-cash weighting and is not a description of your portfolio and not a recommended allocation; and
• the Cycle Models described in Section 4.

3. (continued)

The Company expresses no view on what any indicator, level, marker or value means for any asset, or on what you should do in response to one.

4. Cycle models are extrapolations, not forecasts

The Website makes available two model outputs:

• the BTC 4-Year Cycle Pattern, which extends a formula derived from Bitcoin’s prior halving-cycle price behaviour forward in time. It is available for Bitcoin and other cryptocurrencies only; and
• the Asset Seasonality Model, which extends a formula derived from an individual asset’s historical monthly price behaviour forward in time. It is available across supported cryptocurrencies, stocks, exchange-traded funds and precious metals.

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Both display specific modelled values at specific future dates. Those values are not forecasts, predictions, price targets, expected values, estimates of what any asset will be worth, or representations of any kind about future prices.

A modelled value is the arithmetic result of extending a formula derived from past price data. The pattern the model is built from may not repeat, may repeat with materially different magnitude or timing, or may not recur at all. Actual prices may differ substantially from any modelled value, and a model may be materially wrong at any point and for any period.

Any figure shown at a future date is model output. It is not a profit, a gain, a return, or an amount that you or anyone else would receive, and it must not be presented, quoted or relied upon as any of those things.

5. Hypothetical and illustrative results

Unless expressly identified otherwise, the DCA break-even line, any DCA Accumulation or Distribution marker, any DCA P&L figure, any DCA Model Exposure value, any Cycle Model value or deviation band, any illustrative position, and any figure showing what a result “would have been” or what a modelled value would be at a future date, are hypothetical, simulated or illustrative. They do not represent actual trading and no actual position was taken.

HYPOTHETICAL PERFORMANCE DISCLOSURE

Hypothetical or simulated results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. There are frequently sharp differences between hypothetical results and the actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical results is that they are generally prepared with the benefit of hindsight. Simulated results do not involve financial risk and cannot account for the impact of financial risk in actual trading, including the ability to withstand losses or to adhere to a particular approach in spite of losses.

Simulated results also may not fully reflect liquidity, execution delays, slippage, fees, spreads, funding costs, taxes, or the emotional factors associated with actual trading. Past performance is not indicative of future results.

6. Market data may be wrong, delayed or unavailable

Market price data is licensed from third-party providers. We do not warrant that any price, calculation or indicator output displayed is accurate, current or complete. Data may be delayed, incomplete, interrupted or incorrect, and any figure derived from it may be incorrect or misleading as a result. Do not rely on any figure shown on the Website as a definitive record of market conditions or of your own position.

7. Trading involves substantial risk

Trading and investing in cryptocurrencies, securities, exchange-traded funds, commodities, precious metals and other assets involves substantial risk, including the total loss of your principal.

Cryptocurrency markets in particular are highly volatile, operate continuously, may be thinly traded, and are subject to regulatory change, exchange failure, fraud and irreversible loss. Leverage magnifies both gains and losses. Never risk more than you can afford to lose.

You should consult appropriately licensed financial, legal, accounting and tax professionals before making any decision based on your individual circumstances.

8. This page is part of our Terms

This disclosure summarises and forms part of our Terms & Conditions, which govern your use of PortfolioTA.com in full. Where this page summarises a provision of the Terms, the Terms govern.

9. Contact

We work Monday to Friday, excluding United States federal holidays.

Trade Confident LLC, 418 Broadway St., Chico, CA 95928, United States. legal@portfoliota.com

PortfolioTA.com is owned and operated by Trade Confident LLC. PortfolioTA is an informational and educational tool and is not investment advice.