Trading is dangerous. Read this.

Most retail traders lose money. Many lose more than they expected to. EVE makes decisions easier — not safer. The platform doesn't reduce market risk; it only reduces the risk that you add through emotion. The trade is still yours. The loss is still yours.

What EVE is, in risk terms

EVE is a software workstation. She speeds up your decision-making, enforces the rules you set for yourself, and surfaces patterns from your historical trading. She does not predict the market. She does not have access to information you don't have. She does not guarantee any outcome on any single trade or across any number of trades.

What EVE is not

• Not a broker. Your money lives at your broker (Charles Schwab today). Disputes about account balances, fills, settlements, or fees are between you and your broker.
• Not a financial advisor. Nothing EVE displays, says, draws, or grades is investment advice. Setups, confluence grades, and pattern callouts are mechanical pattern-recognition output — not recommendations.
• Not a guarantee of profit. The Killer Scanner can grade a setup A+ and that trade can still lose. The Compact can stop your tilt and your remaining trades can still lose. The Journal can show you Thursdays are 78% wins and your next Thursday can still be the loss.
• Not infallible. Data feeds glitch. Voice transcripts mishear. Drawings misalign. Patterns false-positive. Every output requires your judgment before you act on it.

Specific risks you should understand

Day trading risk

Day trading involves substantial risk of loss and is not suitable for all investors. Pattern Day Trader rules apply if you make 4 or more day trades in 5 business days with under $25,000 in equity. EVE displays your trade count; you are responsible for understanding and complying with PDT rules.

Options trading risk

Options are leveraged instruments. You can lose the entire premium paid on long options. Short options can incur losses many times the premium received. Understand the option's behavior — including time decay, implied volatility, and assignment risk — before trading.

Margin risk

Trading on margin can amplify losses beyond your initial capital. A margin call can force liquidation of positions at unfavorable prices. EVE displays your buying power but does not control margin policy — that's your broker's responsibility.

Software risk

Software has bugs. Networks have outages. Data feeds have delays. Voice transcription has errors. EVE may show a stale price, miss a fill, mis-draw a stop, or fail to fire an intervention. The Compact's auto-snap-back is a discipline tool, not a stop-loss execution guarantee — the broker's real stop-loss order is what actually controls your downside. Always verify your real stop is in place at your broker.

Voice + reasoning risk

EVE's voice and reasoning are generated, not from a person. She can sometimes get things wrong, repeat outdated information, or misinterpret what you mean. Always check her work. Treat every spoken statement as a hypothesis, never as a fact. The annotation EVE draws on the chart may be wrong.

Pattern-recognition risk

The Journal's pattern coach finds correlations in your historical trades. Correlation is not causation. A pattern that held last quarter may not hold next quarter. "Your Thursdays are 78% wins" is a statistical artifact of a small sample, not a future guarantee.

Before you trade with EVE

• Read your broker's account agreement and risk disclosures
• Trade only with money you can afford to lose entirely
• Practice in your broker's paper-trading environment until EVE's flow is familiar
• Configure The Compact with risk limits you can actually live with
• Set real stop-loss orders at your broker — do not rely on EVE's chart-line stops alone
• Read the Terms of Service and Privacy Policy

If you're in over your head

If you find yourself trading bigger than your plan allows, chasing losses, hiding trades, lying to people in your life about your account, or unable to stop — please pause. Free crisis support in the United States: 988 (Suicide & Crisis Lifeline). Problem gambling support: 1-800-GAMBLER. EVE's job is to help you trade well. There's no version of trading well that includes destroying your life.