top of page

​This document outlines the terms and conditions for using the trading bot software, including the acknowledgment of risks, user responsibilities, and a release of liability for The Financial Mirror, LLC.

The
Financial
Mirror

LOGO TRANSPARENCY_edited.png

Release of Liability


Read Carefully - This Affects Your Legal Rights

In consideration of using a trading robot for automated trading (also known as algorithmic trading) designed, developed, and delivered by The Financial Mirror, LLC, and/or utilizing the services of The Financial Mirror, LLC, I, the undersigned, agree for myself and, if applicable, for the members of my family, to the following:


1. Agreement To Follow Directions. I agree to follow all instructions provided by The Financial Mirror, LLC, including the instruction guide for setting up the trading bot, the format for TradingView alerts, and any additional guidance or walkthroughs provided by The Financial Mirror, LCC or its representatives. I acknowledge that proper setup and adherence to these instructions are critical for the correct functioning of the trading bot.


2. Acknowledgment of Risks. I acknowledge that using a trading robot involves significant risks, including but not limited to:

  • Financial losses due to the trading bot not functioning as intended.

  • Financial losses incurred by failing to properly test the bot with a simulated/paper trading account before live trading.

  • Financial losses resulting from the trading strategies implemented by the user.

  • Malfunctions in the user's computer or software environment.

  • Damages to the user's personal property.

  • Market risks inherent in financial trading, including rapid market fluctuations and unexpected events.

  • Risks associated with strategies created by The Financial Mirror, LLC based on user input. Misunderstandings or misinterpretations of the strategy may occur, and it is the user’s responsibility to properly test the strategy to ensure it functions as intended.


3. Capabilities and Limitations of the Trading Bot. I understand and acknowledge that the trading bot:

  • Is designed to automate trading strategies as specified by the user.

  • Does not guarantee any profits or specific outcomes.

  • Cannot make predictions; it will only execute the strategy that is passed to it.

  • Requires the user to continually monitor and check to ensure it is functioning correctly.

  • Must be monitored to ensure it remains logged in; if the bot logs out, trades will not execute.

  • Relies on TradingView to deliver the alerts to process the trade; any malfunctions in TradingView will cause the strategy to fail.

  • Requires the user to ensure that the alerts they want to process are executing properly.

  • Requires a specific format in the alert; if this is not used, the order will not process properly.

  • May stop functioning if brokers update their methods without notice; it is not The Financial Mirror, LLC's responsibility to provide continuous updates. Any updates due to broker, TradingView, or other dependency changes will require a new order.

  • Depends on various Python libraries; if these libraries become outdated or unsupported, it is not The Financial Mirror, LLC's responsibility to provide a new and updated bot. A new order will be needed.


4. User Responsibilities. I understand and acknowledge that:

  • It is my responsibility to ensure that my broker account remains secure. The Financial Mirror, LLC is not responsible for any loss of funds, security, access problems, or any other issues related to my brokerage account.

  • I must keep all information about the trading bot safe and secure and not share it with anyone.

  • I must ensure that my personal computer remains up-to-date and has received all security patches. The Financial Mirror, LLC is not responsible for any hack, breach, or any other matter related to my personal computer for any reason.

  • If The Financial Mirror, LLC created the strategy based on my input (whether verbally, written, or through any form of transmission), it is my responsibility to test the strategy to ensure it functions as intended. The Financial Mirror, LLC is not liable for any misunderstandings or misinterpretations of the strategy.


5. Assumption of the Risks and Release. I assume full responsibility for any personal injury, financial loss, or damage to myself and, if applicable, my family members, arising from the use of the trading bot provided by The Financial Mirror, LLC. I further release and discharge The Financial Mirror, LLC from any liability for injury, loss, or damage caused by the fault of myself, my family, The Financial Mirror, LLC, or other third parties. I understand that financial markets and trading in them are inherently risky, and The Financial Mirror, LLC is not liable for any financial losses that occur.


6. Indemnification. I agree to indemnify and defend The Financial Mirror, LLC against all claims, causes of action, damages, judgments, costs, or expenses, including attorney fees and other litigation costs, arising from my or my family's use of the trading bot provided by The Financial Mirror, LLC.


7. Fees. I agree to pay for all damages to The Financial Mirror, LLC caused by any negligent, reckless, or willful actions by me or my family while using the trading bot and related services and/or improperly distributing it or its source code.


8. Applicable Law. Any legal or equitable claim that may arise from participation in the above shall be resolved under the laws of Idaho, United States.


9. No Duress. I agree and acknowledge that I am under no pressure or duress to sign this agreement and that I have been given a reasonable opportunity to review it before signing. I further agree and acknowledge that I am free to have my own legal counsel review this agreement if I so desire. I further agree and acknowledge that The Financial Mirror, LLC has offered to refund any fees I have paid to use its services if I choose not to sign this agreement.


10. Arm's Length Agreement. This agreement and each of its terms are the product of an arm's length negotiation between the Parties. In the event any ambiguity is found to exist in the interpretation of this agreement or any of its provisions, the Parties, and each of them, explicitly reject the application of any legal or equitable rule of interpretation which would lead to a construction either "for" or "against" a particular party based upon their status as the drafter of a specific term, language, or provision giving rise to such ambiguity.


11. Enforceability. The invalidity or unenforceability of any provision of this agreement, whether standing alone or as applied to a particular occurrence or circumstance, shall not affect the validity or enforceability of any other provision of this agreement or of any other applications of such provision, as the case may be. Such invalid or unenforceable provision shall be deemed not to be a part of this agreement.


12. Dispute Resolution. The parties will attempt to resolve any dispute arising out of or relating to this agreement through friendly negotiations among the parties. If the matter is not resolved by negotiation, the parties will resolve the dispute using the below Alternative Dispute Resolution (ADR) procedure:


Any controversies or disputes arising out of or relating to this agreement will be submitted to mediation in accordance with any statutory rules of mediation. If mediation is not successful in resolving the entire dispute or is unavailable, any outstanding issues will be submitted to final and binding arbitration under the rules of the American Arbitration Association. The arbitrator's award will be final, and judgment may be entered upon it by any court having proper jurisdiction.


I HAVE READ THIS DOCUMENT AND UNDERSTAND IT. I FURTHER UNDERSTAND THAT BY SIGNING THIS RELEASE, I VOLUNTARILY SURRENDER CERTAIN LEGAL RIGHTS.

bottom of page