Risk Disclaimer
Last updated: August 4, 2026· Operational Standards & Risk Parameters
Extremely Important: High-Risk Capital Disclosure
Trading financial instruments — including foreign exchange (forex), contracts for difference (CFDs), financial spread bets, equities, options, and cryptocurrencies — carries a high level of risk and may not be suitable for all investors. Leverage amplifies both gains and losses. Before entering any trade, evaluate your financial goals, trading experience, and appetite for risk.
You may lose some or all of your invested capital. Never trade with money you cannot afford to lose.
1. Non-Advisory Status & Market Signal Scope
Black & Rowan Management Group Limited t/a Drawdown does not provide financial advice. Pete Currey and the Drawdown team are not licensed financial advisers, wealth managers, or registered brokers. No content on the platform should be construed as individualized investment recommendations.
Quantitative Market Signals & Model Indicators
Drawdown publishes general, non-personalised quantitative market signals, technical alerts, and algorithmic pattern indicators across our Signal Centre and analytical tools. These outputs represent data-driven calculations derived from processing market feeds, technical indicators, and statistical risk models.
Market signals do not constitute guaranteed outcomes or financial recommendations. They reflect statistical probability models derived from historical data. Any trade executed based on these signals remains entirely your responsibility.
2. Data Feeds & Market Probabilities
While Drawdown sources pricing data, economic metrics, and market sentiment from reputable tier-1 feeds and trading networks (such as TradingView), we make no warranties regarding uninterrupted availability, timing, or absolute accuracy of live feeds. Financial markets are dynamic, volatile, and subject to unexpected liquidity gaps or slippage. Past performance, backtest calculations, and trade journal records are not guarantees of future trading performance.
3. AI Tool Limitations & Strategy Backtesting
Our AI Trade Journal, Market Scanner, and Strategy Backtester use quantitative algorithms to assist in pattern discovery and trade journaling. Algorithmic outputs are calculated tools, not absolute predictors of future price movement. You are responsible for validating backtest assumptions and stress-testing strategy logic in demo environments prior to allocating real capital.
Legal, Financial & Tax Disclaimer Hub
Explore detailed regional tax treatment (including UK Spread Betting vs CFD rules, US CFTC 4.41 disclosures, Australian ASIC leverage limits, Singapore MAS regulations, and HK SFC rules) tailored to your jurisdiction.
By accessing Drawdown, you confirm that you have read, understood, and agreed to these risk warnings and accept full responsibility for your financial decisions.