Risk Disclosure

Investing and trading involve risk. Users may lose some or all of the capital committed to a financial instrument or strategy. No research process, model, score, risk control or diversification method can eliminate risk.

Principal risks include: Market risk. Equity and issuer risk. Volatility. Liquidity. Concentration. Sector and factor risk. Model risk. Data quality. Valuation uncertainty. Forecast error. Backtest and overfitting. Look-ahead and survivorship bias. Transaction costs. Slippage. Currency risk. Leverage and margin. Derivatives. Counterparty and custodian risk. Platform outages. Cybersecurity. Tax and legal changes. Jurisdictional restrictions.

Founder record. The founder's personal account may differ materially from any other account. Differences may arise from account size, deposits, withdrawals, currency, available instruments, timing, liquidity, spreads, platform rules, copy-allocation algorithms, risk controls and user intervention.

Performance. Past performance does not guarantee future results. A positive historical record may be followed by substantial losses or complete loss of capital.

Corporate Status. Salox Capital Inc. is a Delaware corporation engaged in research, financial analysis, model development and technology.