Risk Disclosure

Risk Disclosure Statement

The trading frameworks, research materials, reports, software, and documentation provided by Elora Capital Partners involve substantial risk.

All users should carefully review and understand the risks associated with futures trading, systematic trading, and quantitative research before implementing any framework.

1. Hypothetical Performance Disclosure

Any performance results presented may be based on simulated, hypothetical, or backtested trading activity. Hypothetical results have inherent limitations and do not represent actual trading.

2. Past Performance Disclaimer

Past performance is not indicative of future results. Market conditions change and future performance may differ substantially from historical performance.

3. Futures Trading Risk

Trading futures contracts involves substantial risk of loss and is not suitable for all investors. You may lose more than your initial investment.

4. Market Risk

Financial markets are subject to volatility, unexpected events, economic developments, and geopolitical uncertainty. No framework can eliminate market risk.

5. Technology Risk

Framework implementation relies upon technology, software, internet connectivity, brokerage systems, and third-party platforms. Interruptions may impact trading outcomes.

6. Data Risk

Historical data may contain inaccuracies, omissions, survivorship bias, or vendor-specific differences. Future market behavior may not resemble historical market behavior.

7. Slippage & Liquidity

Actual trading results may differ from backtests due to:

Slippage Liquidity Constraints Commissions Order Queue Position Bid/Ask Spread

8. Execution Differences

Backtested results assume perfect order execution. Live trading may experience:

Delayed fills Connectivity interruptions Partial fills Brokerage differences Missed trades

9. Independent Evaluation

Clients are solely responsible for independently evaluating all research, frameworks, reports, and recommendations before implementation. All decisions remain the responsibility of the user.

10. Your Acknowledgement

By accessing or using any framework, report, software package, research note, performance report, or educational material provided by Elora Capital Partners, you acknowledge that trading involves substantial risk, losses may occur, past performance does not guarantee future results, backtested performance may differ from live trading, and you assume full responsibility for your trading decisions.

Trading involves substantial risk

Losses may occur

Past performance does not guarantee future results

Backtested performance may differ from live trading

Important Reminder

The materials provided by Elora Capital Partners are intended exclusively for educational and research purposes and should not be interpreted as investment advice, solicitation, or a recommendation to buy or sell any financial instrument.