Risk Disclosure Statement
Please read this disclosure carefully before using Between.
IMPORTANT WARNING
Trading financial instruments, including stocks, options, futures, and other derivatives, involves substantial risk of loss and may not be suitable for all investors. You may lose some or all of your invested capital. Past performance is not indicative of future results.
1. Nature of Between
Between is a trade journaling, analytics, and educational platform. It is NOT:
- A registered investment adviser
- A broker-dealer or securities firm
- A commodity trading adviser
- A financial planning service
- A signal service or trading system
Between is not registered with the SEC, FINRA, CFTC, or any equivalent regulatory body. No content on Between constitutes investment advice or a recommendation to buy or sell any security.
2. Specific Risk Factors
Options Trading Risk
Options are complex financial instruments. Buyers of options risk losing the entire premium paid. Sellers of options risk unlimited losses. Options positions can expire worthless. Options trading requires understanding of time decay (theta), implied volatility, and other factors that affect pricing.
Leverage and Margin Risk
Many trading strategies involve leverage, which amplifies both gains and losses. Margin trading can result in losses exceeding your initial investment. You may be required to deposit additional funds to meet margin calls.
Market Volatility Risk
Financial markets can be highly volatile. Prices can move rapidly and unpredictably due to economic events, earnings announcements, geopolitical developments, or other factors. Stop-loss orders may not execute at intended prices in fast-moving markets.
Liquidity Risk
Not all securities or options contracts are liquid. You may not be able to close a position at a favorable price. Options with wide bid-ask spreads can create significant transaction costs.
Data and Technology Risk
Market data displayed in Between may be delayed, incomplete, or inaccurate. Technology failures, internet outages, or data provider issues may affect the availability of information. Do not rely solely on Between for time-sensitive trading decisions.
AI Analysis Risk
The Bubble AI system provides analysis based on your historical trading data and current market context. AI outputs are probabilistic, may be incorrect, and do not constitute trading advice. AI models can hallucinate, generate plausible-sounding but incorrect analysis, and may not reflect current market conditions accurately.
Flow Data Risk
Options order flow data displayed in Between is for informational purposes only. Flow data does not predict future price movements. Unusual options activity does not guarantee directional price action and may reflect hedging, complex strategies, or closing trades rather than directional bets.
3. Regulatory Notice
Between complies with applicable laws and regulations in the jurisdictions where it operates. Users are responsible for complying with all applicable securities laws and regulations in their own jurisdictions. Certain features may not be available in all regions.
If you are unsure whether trading is appropriate for your financial situation, consult a licensed financial advisor before making investment decisions.
4. No Guarantee of Results
Between does not guarantee any specific trading results, performance improvements, or financial outcomes. The gamification features (XP, badges, streaks) are designed to encourage disciplined journaling habits — they do not represent or predict trading performance.
5. Testimonials and Performance Displays
Any performance statistics displayed in Between reflect only the data that users have entered into the platform. Results are not independently verified and may not account for all trading costs, commissions, slippage, or taxes. Individual results will vary.
6. Acknowledgment
By using Between, you acknowledge that you have read, understood, and agree to this Risk Disclosure Statement. You confirm that you are using Between as an educational and journaling tool, and that all trading decisions are made solely at your own discretion and risk.
For questions about this disclosure: legal@betweentrades.com