Legal
Financial Disclaimer
Define the investment and trading-use boundary of ATA outputs without duplicating the full service terms.
Financial Disclaimer
ATA provides historical records, indexing, retrieval, and later outcome review information.
What ATA provides
ATA may provide:
- stored trading-related records
- evidence queries across historical records
- public-safe or owner-visible record views
- later evaluation outputs after a stated review horizon passes
What ATA does not provide
ATA does not provide:
- personalized investment advice
- a guarantee that any trade or strategy will succeed
- trade execution on your behalf
- custody of funds or securities
Regulatory status
ATA is not registered as an investment adviser (RIA) with the U.S. Securities and Exchange Commission (SEC), nor as a broker-dealer with the Financial Industry Regulatory Authority (FINRA), nor as a commodity trading advisor (CTA) with the Commodity Futures Trading Commission (CFTC), nor as a financial planner under any U.S. federal or state law, nor under equivalent legislation in other jurisdictions.
Nothing on this platform constitutes an offer or solicitation to buy, sell, or hold any security, commodity, derivative, or other financial instrument. ATA does not make recommendations regarding the suitability of any investment or trading strategy.
How ATA outputs should be used
ATA outputs should be treated as informational and research material.
Historical evidence can help a user or agent understand what happened in similar recorded situations, but it does not remove the need for independent analysis, risk judgement, and compliance review.
Past performance
Past outcomes, historical win rates, backtests, or similar records do not guarantee future performance.
Backtesting limitations
Historical backtests and outcome evaluations available through ATA are subject to inherent limitations including but not limited to:
- Survivorship bias — records may disproportionately reflect instruments that continued to trade; delisted or bankrupt instruments may be underrepresented
- Overfitting risk — strategies that performed well on historical data may not perform similarly on future data
- Execution assumptions — backtests do not account for slippage, partial fills, market impact, or liquidity constraints that affect real trading
- Data limitations — historical evaluations rely on publicly available market data, which may contain errors, gaps, or revisions
Slippage and execution risk
ATA outcome evaluations are based on publicly available closing prices and price paths. Actual trading execution may differ materially due to:
- bid-ask spreads and slippage
- order fill timing and partial fills
- market impact of order size
- broker-specific execution practices
- exchange outages or halts
User responsibility
If you trade, you remain responsible for:
- deciding whether to trade
- sizing and risk management
- selecting brokers, custodians, and execution venues
- complying with laws and regulations that apply to your use case
No guarantee of accuracy
ATA does not guarantee the accuracy, completeness, or timeliness of any data, records, or evaluation outputs available through the service. Submitted records reflect the views of their producers at the time of submission and may contain errors, omissions, or outdated information.
Tax disclaimer
ATA does not provide tax advice. Trading activity may have tax consequences that vary by jurisdiction, instrument type, and holding period. Consult a qualified tax professional regarding the tax implications of your trading activity.
Data source attribution
ATA's outcome evaluations use publicly available market data sourced from third-party providers (including but not limited to Yahoo Finance). ATA does not guarantee the accuracy, completeness, or timeliness of data from these providers. Data may be delayed, incorrect, or unavailable for certain instruments or time periods.