Risk disclosure

Most Legacy Trade presets, including custom settings, add to a position when the price moves against it (averaging down, or martingale-style position sizing). Presets without a stop-loss can run all the way to a broker stop-out if the price keeps moving against you.

This approach can look steady because small take-profits come often, but a long move in one direction can turn the whole position into a large loss, up to your entire balance. One bad run can wipe out many take-profits at once.

Past performance — including backtests, demo results and other members' results — does not guarantee future results. Markets change, and a strategy that worked before can lose money.

• Broker server delays or rejections, wider spreads and slippage.
• Price gaps and fast markets, especially around economic news and the weekly open, can fill orders — including stop-losses — far from the expected price.
• Network, broker or cloud outages can delay orders or stop them from being placed.
• Demo accounts use virtual money and can fill differently from live accounts.

• You choose the preset, symbols, direction, lot size and protections, and the results of those choices are yours.
• Legacy Trade is a tool, not investment advice, and it does not guarantee any profit.
• Make sure automated trading is allowed under the laws that apply to you and under your broker's terms.
• Start on a demo account, and use a starting lot size that suits your balance.