Risk Disclosure

Investing and trading involve risk, including the possible loss of capital.

Markets can be volatile and losses can occur quickly.
Past performance, backtests, or simulations do not guarantee future results.
Leverage and derivatives (e.g., options) can magnify both gains and losses.
Liquidity can disappear in stressed markets; exits may be difficult or expensive.
All decisions remain your responsibility.

Kerbros does not execute trades and does not take custody. We provide general consulting and research.