Risk Disclosure
1. Introduction
Before using the Gofund trading platform ("Platform"), it's important to understand the risks associated with trading. The following risk disclosure outlines potential risks and considerations that users should be aware of.
2. General Risks
a. Market Risks:
Trading involves market risks, and prices of financial instruments can fluctuate rapidly. Users may experience losses due to market movements beyond their control.
b. Leverage Risks:
The use of leverage amplifies both potential gains and potential losses. While leverage can enhance profits, it also increases the risk of significant losses.
c. System Risks:
The Platform relies on technology, and system failures, interruptions, or disruptions may occur. Users should be aware of the possibility of technical issues affecting trading activities.
Trading involves market risks, and prices of financial instruments can fluctuate rapidly. Users may experience losses due to market movements beyond their control.
b. Leverage Risks:
The use of leverage amplifies both potential gains and potential losses. While leverage can enhance profits, it also increases the risk of significant losses.
c. System Risks:
The Platform relies on technology, and system failures, interruptions, or disruptions may occur. Users should be aware of the possibility of technical issues affecting trading activities.
3. Trading Simulations
a. Educational Purpose:
The simulated trading platform on Gofund is designed for educational purposes. It allows users to practice trading without using real funds.
b. No Guarantee of Profits:
Simulated trading does not guarantee future profits. Results achieved in a simulated environment may not reflect actual market conditions.
The simulated trading platform on Gofund is designed for educational purposes. It allows users to practice trading without using real funds.
b. No Guarantee of Profits:
Simulated trading does not guarantee future profits. Results achieved in a simulated environment may not reflect actual market conditions.
4. Financial Risks
a. Financial Independence:
Users should only trade with funds they can afford to lose. Trading with borrowed money or funds essential for living expenses is strongly discouraged.
b. Individual Financial Situation:
Users are responsible for assessing their individual financial situation and risk tolerance before engaging in trading activities.
Users should only trade with funds they can afford to lose. Trading with borrowed money or funds essential for living expenses is strongly discouraged.
b. Individual Financial Situation:
Users are responsible for assessing their individual financial situation and risk tolerance before engaging in trading activities.
5. Trading Plan and Strategies
a. Educational Material:
Educational materials provided by Gofund are for informational purposes only. Users should not solely rely on such materials for making trading decisions.
b. Strategy Effectiveness:
The effectiveness of trading strategies cannot be guaranteed. Users are encouraged to continuously monitor and adjust their strategies based on market conditions.
Educational materials provided by Gofund are for informational purposes only. Users should not solely rely on such materials for making trading decisions.
b. Strategy Effectiveness:
The effectiveness of trading strategies cannot be guaranteed. Users are encouraged to continuously monitor and adjust their strategies based on market conditions.
6. Compliance with Laws
a. Regulatory Compliance:
Users are responsible for understanding and complying with relevant laws and regulations related to trading activities in their jurisdiction.
b. Tax Implications:
Users are advised to consider the tax implications of trading and seek professional advice regarding tax obligations.
Users are responsible for understanding and complying with relevant laws and regulations related to trading activities in their jurisdiction.
b. Tax Implications:
Users are advised to consider the tax implications of trading and seek professional advice regarding tax obligations.
7. Acknowledgment
By using the Gofund trading platform, users acknowledge that they have read and understood this risk disclosure and agree to assume the risks associated with trading. Users are encouraged to seek advice from financial professionals before engaging in trading activities.
You Learn & You Earn
