Risk Disclaimer

1. No Financial Advice

The Anvil is a technical analysis and decision-support tool. It is not financial advice, investment advice, tax advice, or legal advice. Signal Smith Labs does not recommend specific securities, trades, or investment strategies. All trading and investment decisions are your sole responsibility.

2. Risk of Loss

Trading carries significant risk. You should be aware of and accept the following risks:

• Capital loss: You can lose some or all of your invested capital.
• Leverage risk: Using margin or leverage amplifies both gains and losses.
• Past performance: Past results do not guarantee or predict future performance.
• Market conditions: Markets can be volatile, illiquid, or subject to sudden price movements.
• Gaps and slippage: Your actual entry or exit price may differ from expected levels due to market gaps, slippage, or execution delays.

3. No Guaranteed Returns

The Anvil does not promise, guarantee, or imply any specific returns, win rates, or profitability. Signal quality tiers (LEGENDARY, ELITE, QUALITY) are relative assessments based on technical criteria — they do not guarantee that a trade will be profitable.

4. Methodology Limitations

The Anvil uses technical analysis, which has inherent limitations:

• Technical analysis is based on historical price data and does not account for fundamental factors, news events, or market sentiment.
• Indicators can produce false signals or fail to predict sudden market changes.
• No methodology works in all market conditions or timeframes.
• The Anvil's logic may not align with your personal trading style, risk tolerance, or goals.

5. Your Responsibility

By using The Anvil, you acknowledge that:

• You are solely responsible for all trading decisions and their outcomes.
• You have read and understood this Risk Disclaimer.
• You will conduct your own research and analysis before entering any trade.
• You will only trade with capital you can afford to lose.
• You will use appropriate stop losses, position sizing, and risk management techniques.
• You will consult a qualified financial advisor if you are unsure about trading or investing.

6. Position Sizing and Risk Management

Proper risk management is critical to long-term trading success. We recommend:

• Risk no more than 1-2% of your account per trade.
• Always use stop losses to limit downside risk.
• Avoid over-leveraging or concentrating too much capital in a single position.
• Adjust position size based on the distance to your stop loss.
• Never risk more than you can afford to lose on any single trade.

7. Hypothetical Performance

Any performance data, backtests, or examples provided by Signal Smith Labs are hypothetical and for educational purposes only. Hypothetical results do not represent actual trading and may not reflect the impact of slippage, commissions, fees, or real-world execution conditions.

8. Third-Party Platforms

The Anvil runs on TradingView, a third-party platform. Signal Smith Labs is not responsible for TradingView's performance, availability, data accuracy, or any issues arising from TradingView's service. You are responsible for complying with TradingView's Terms of Service.

9. Regulatory Notice

Signal Smith Labs is not a registered investment advisor, broker-dealer, or financial institution. We do not hold client funds, execute trades on your behalf, or provide personalized investment recommendations. The Anvil is a software tool only.

10. Limitation of Liability

To the maximum extent permitted by law, Signal Smith Labs is not liable for any trading losses, damages, or financial harm resulting from your use of The Anvil. You use the Service at your own risk.

11. Acknowledgement

By subscribing to and using The Anvil, you acknowledge that you have read, understood, and agree to this Risk Disclaimer. You accept full responsibility for your trading decisions and their consequences.

12. Contact

If you have questions about this Risk Disclaimer, contact us at support@signalsmithlabs.com.