Risk disclosure
Last updated 12 September 2026
Trading can lose you money quickly, and a verified record does not change that. Read this before you act on anything you see on PickVesting. It does not list every risk.
1. You can lose money
- Any trade can lose value, and you can lose all of the money you put in — with some instruments, more than that. Only trade with money you can afford to lose.
- Every decision is yours. PickVesting and the creators on it are not responsible for your results. Consider speaking to a licensed professional who knows your circumstances.
2. Past performance is not a prediction
- A verified record is a true account of the past. It does not tell you what will happen next.
- Short records and small numbers of trades can look better or worse than the skill behind them. A strong run can end at any time.
- Simulated and demo results are not real trading and have inherent limits: no real money was at risk, and they may not reflect how a real account would have fared.
3. Acting on someone else’s trades
- You will usually act later than the creator did, at a different price, and often a worse one. The same position can be a winner for them and a loser for you.
- A creator may reduce or close a position before you see that they have. Their position size, time horizon and risk tolerance are not yours.
- Our cooling-off rules and monitoring reduce some conflicts. They do not guarantee that a creator acts in your interest.
4. Options
- Options can expire worthless — a 100% loss — and lose value as time passes even when the stock does not move. Records here count expired contracts as losses.
- They are leveraged: small price moves produce large gains or losses. Selling options can expose you to losses far larger than the premium received, and to assignment.
- Options are not suitable for everyone. Read your broker’s options disclosure document before trading them.
5. Short selling, margin and leverage
- A short position can lose more than its original value — in theory without limit — and borrowed shares can be recalled.
- Trading on margin amplifies losses as well as gains. Your broker can sell your positions without warning to meet a margin call.
6. Volatility, liquidity and concentration
- Prices can gap past your intended exit, and trading can be halted. Thinly traded securities can be hard to sell at a fair price.
- Concentrating in a few positions, or in positions that move together, increases the damage a single move can do.
7. Prices, data and outages
- Prices on PickVesting may be delayed, and figures for open positions change until they close.
- Brokerage data can arrive late or contain errors, and services — ours, your broker’s, and our providers’ — can go down. Do not rely on PickVesting to manage a live trade.
8. Taxes
- Trading gains and losses have tax consequences that depend on where you live and how you trade. Nothing on PickVesting is tax advice.
Questions: hello@pickvesting.com. See also the disclosures, the subscriber acknowledgment and the terms of service.