Risk Disclosure — Centaur

TRADING SECURITIES, OPTIONS, AND OTHER FINANCIAL INSTRUMENTS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR EVERY INVESTOR. YOU MAY LOSE SOME OR ALL OF YOUR INVESTED CAPITAL. NEVER TRADE WITH MONEY YOU CANNOT AFFORD TO LOSE.

1. General Trading Risk

Trading is inherently speculative. Prices of securities and derivatives are volatile and unpredictable. Past performance — whether of a trader, a strategy, or any tool — is not indicative of future results. Certain strategies, including short options positions and spreads, can produce losses that exceed the initial amount invested.

2. The Software Is a Tool, Not a Safeguard

The Centaur software is a technology tool that mechanically executes risk-management rules configured by the user. It does not eliminate trading risk and does not guarantee any outcome. In particular:

Stops are not price guarantees. Stop orders may execute at prices significantly worse than the stop level due to gaps, halts, fast markets, low liquidity, or wide spreads.
Automation can fail. Software bugs, connectivity loss, platform outages, broker rejections, or configuration errors may prevent orders from being placed or managed as intended.
User configuration governs behavior. The software does what its rules are set to do. Incorrect or unintended settings will produce incorrect or unintended results.
Protections can be disabled. Automation that has been paused, disarmed, or disconnected provides no protection.

3. Not Financial Advice; No Regulated Services

Sang Lucci Trading LLC is not a registered investment advisor, broker-dealer, or commodity trading advisor. Nothing on this website, in the software, or in any related communication constitutes financial advice, investment advice, or a recommendation to buy, sell, or hold any financial instrument. All trading decisions are made solely by the user, who bears full responsibility for them.

4. Testimonials and Examples

Any testimonials, examples, or descriptions of user experiences reflect individual circumstances only. They are not representative claims and are not promises of performance. Results vary and depend on market conditions, individual decisions, position sizing, and other factors beyond any software's control.

5. Broker Relationship Disclosure

Sang Lucci Trading LLC maintains a commercial relationship with its partner broker, and access to the Centaur software is conditioned on maintaining an account with that broker. Prospective users should independently evaluate the broker's services, pricing, and suitability for their needs.

6. Your Responsibility

Before using the software in live trading, users are responsible for understanding how each configured rule behaves, testing in a simulated environment, monitoring their own positions, and maintaining their platform and API access. The software is a supplement to — not a replacement for — the user's own risk management.

By using this website or the Centaur software, you acknowledge that you have read and understood this Risk Disclosure. Licensed users additionally execute a comprehensive Liability Waiver and Trading Risk Disclosure during onboarding.