Disclaimer & Risk Notice

1. Not Investment Advice · 非投資建議

All content published on this website, including strategy descriptions, backtests, commentary, charts, code, and trade journals, is provided for educational and research purposes only. Nothing on this site constitutes investment advice, financial advice, trading advice, tax advice, legal advice, or any other professional advice. You should not rely on any content on this site as the basis for making financial decisions.

本網站所有內容（包括策略說明、回測、評論、圖表、代碼及交易日誌）僅供教育與研究用途。所有內容均不構成投資、財務、交易、稅務、法律或其他專業建議。你不應依賴本網站任何內容作為財務決策依據。

2. Past Performance Disclaimer · 過往表現聲明

Past performance, whether simulated or actual, is not a reliable indicator of future results. Backtests shown on this site are hypothetical performance results and are subject to well-known limitations, including (but not limited to) the benefit of hindsight, the inability to model the psychological impact of real losses, and the fact that they are typically designed with the benefit of knowing historical outcomes.

過往表現（不論模擬或實盤）均不為將來結果之可靠指標。本網站展示之回測為假設性表現，存在眾所周知之局限性，包括但不限於事後之見、無法模擬真實虧損造成的心理影響、以及往往於已知歷史結果之基礎上設計。

3. Risk Of Loss · 虧損風險

Trading foreign exchange, contracts for difference, equities, commodities, cryptocurrencies, and other leveraged financial instruments carries a high level of risk and may not be suitable for all investors. You could lose all of your invested capital, and in some cases you may be required to deposit additional funds. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and appetite for risk.

外匯、差價合約、股票、商品、加密貨幣及其他槓桿金融工具之交易涉及高度風險，不一定適合所有投資者。你有可能損失全部投入資金，部分情況下更可能須追加注資。在決定交易之前，你應仔細考慮自己的投資目標、經驗水平及風險承受能力。

• Leveraged products can amplify both gains and losses.
  槓桿產品會放大收益與虧損。
• Market conditions can change without warning.
  市況可能毫無徵兆地改變。
• Past strategy behaviour is not a guarantee of future strategy behaviour.
  策略的過往表現不保證未來表現。
• Automated execution does not eliminate market, slippage, broker, or technology risk.
  自動執行不會消除市場、滑點、券商或技術風險。

4. Jurisdictional Restriction · 地區限制

The content on this website is not intended for distribution to, or use by, any person or entity who is a resident of, or located in, any jurisdiction where such distribution or use would be contrary to local law or regulation. In particular, this site is not directed at and not intended for residents of the following jurisdictions:

• Hong Kong Special Administrative Region
• The People's Republic of China (mainland)
• The United States of America and its territories

本網站內容並非針對以下地區之居民，亦不打算供其使用：香港特別行政區、中國大陸、美國及其屬地。如你為上述地區之居民，請勿瀏覽、訂閱或依據本站任何內容行事。

If you are a resident of any of the above jurisdictions, please do not use this website or rely on any information published here. It is your responsibility to verify the legality of accessing this site under the laws of your country of residence.

5. Educational Content Only · 僅供教育用途

AI Trading Lab is an independent research collective. We are not a licensed investment adviser, brokerage, bank, or asset manager. We do not manage client funds, we do not accept discretionary trading authority, and we do not offer personalised financial services. Everything published on this site is shared as educational material for independent study.

AI Trading Lab 為獨立研究小組。我們並非持牌投資顧問、券商、銀行或資產管理公司。我們不管理客戶資金、不接受全權委託交易、亦不提供個人化財務服務。本站所有內容均為供獨立學習之教育材料。

6. No Warranty · 不提供擔保

All content is provided "as is" and "as available," without warranty of any kind, whether express, implied, statutory, or otherwise. We do not warrant that the content is accurate, complete, reliable, current, or error-free. We do not warrant that the website will be available without interruption or that defects will be corrected.

所有內容按「現狀」及「可用」提供，不提供任何形式之明示、默示、法定或其他保證。我們不保證內容準確、完整、可靠、即時或無誤，亦不保證網站持續可用或缺陷將獲糾正。

7. Limitation Of Liability · 責任限制

To the maximum extent permitted by applicable law, in no event shall AI Trading Lab or any of its members be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation loss of profits, data, goodwill, or other intangible losses, resulting from your access to or use of, or inability to access or use, the website or any content on it.

於適用法律允許之最大範圍內，AI Trading Lab 及其任何成員均不就你因瀏覽、使用或無法瀏覽／使用本網站或其任何內容而引致之任何直接、間接、附帶、特殊、後果性或懲罰性損害（包括但不限於利潤、數據、商譽或其他無形損失）承擔責任。

8. Affiliate Disclosure · 聯盟披露

AI Trading Lab may earn referral commissions from broker partners, including but not limited to Vantage. If you open a trading account through a referral link on this site, the partner broker may pay us a one-time or ongoing commission, at no additional cost to you. We only partner with brokers we already use for our own research and execution. Affiliate relationships do not influence our methodology, our strategy selection, or our published results.

AI Trading Lab 可能透過券商合作夥伴（包括但不限於 Vantage）收取介紹佣金。若你透過本站之介紹連結開立交易帳戶，合作券商可能向我們支付一次性或持續性佣金，而你本身不會因此承擔額外成本。我們只會與自己本身用於研究與執行之券商合作。聯盟關係不會影響我們的方法論、策略選擇或公開成果。

9. No Personal Data Collection · 不收集個人資料

This website does not set tracking cookies and does not collect personal information beyond what is voluntarily submitted via the newsletter form. Email addresses submitted to the newsletter are stored solely for the purpose of delivering the weekly research digest and are never sold, rented, or shared. You may unsubscribe at any time.

本網站不設追蹤 cookie，除非你透過訂閱表格主動提交，否則不收集個人資料。訂閱所用電郵僅用於每週研究摘要之投遞，絕不出售、出租或分享。你可隨時退訂。

10. Changes To This Disclaimer · 聲明變更

We may update this disclaimer from time to time. The most current version will always be posted on this page. Your continued use of the website after changes are posted constitutes your acceptance of the revised disclaimer.

我們可能不定期更新此聲明，最新版本將始終發佈於本頁。若你於修訂後繼續使用本網站，即視為接受修訂後之聲明。

11. Governing Principle · 適用原則

If any part of this disclaimer is held to be unenforceable, the remainder will continue in full force and effect. This disclaimer is written in English; the Chinese translation is provided for convenience only and, in case of any discrepancy, the English version prevails.

若本聲明任何部分不可強制執行，其餘部分將繼續有效。本聲明以英文書寫，中文翻譯僅供參考，如有歧義以英文版為準。