Risk Disclaimer

Trading forex, CFDs, metals, indices, cryptocurrencies and other leveraged products carries a high risk of losing money. Only trade with money you can afford to lose.

If a translation of this page differs from the English version, the English version applies.

Trading is risky

Leverage magnifies losses as well as gains. Prices can move quickly, gap over your stop loss or become impossible to trade, and depending on your broker and your country you may lose more than you deposited. Most retail traders who trade leveraged products lose money. Make sure you understand how these products work and whether you can afford the risk.

PipLog is not investment advice

PipLog is a trading journal and analytics tool. We are not a broker, an investment adviser or a fund manager, and we are not regulated as one. Nothing on piplog.pro, in the app, in our blog, in alerts or in the PipLog EA is investment, financial, tax or legal advice, or a recommendation to buy or sell anything. Articles and examples are general education. If you need advice, talk to an independent, qualified adviser.

Statistics describe the past

Win rate, profit factor, expectancy, drawdown, equity curves and every other figure in PipLog are calculated from your past trades. They do not predict future results. They are only as accurate as the data they are based on: broker statements, platform data and imports can contain errors, and so can our calculations. Check important numbers against your broker statement.

The PipLog EA

The PipLog EA sizes and manages orders in your own MetaTrader 4 or 5 terminal according to the settings you choose. It does not make trading decisions for you, and it does not guarantee profits or prevent losses.

Its protections, such as risk-based lot sizing, daily loss limits and trade caps, are best-effort. They can fail or act late because of slippage, price gaps, broker execution, a lost internet connection, a closed terminal, platform errors or wrong settings. Always test the EA on a demo account first, check its settings, and supervise your account.

Your responsibility

You alone decide what to trade, when and how much, and you are responsible for the results. PipLog is not liable for trading losses, as set out in our Terms of Service.