Grid recovery and progressive lot sizing can accumulate large positions while the market continues moving against a basket.
1. No guarantee
No profit, recovery, maximum drawdown, win rate or trading frequency is guaranteed. Historical behaviour, optimisation, screenshots, account history and backtests cannot predict future results.
2. Progressive sizing risk
Each adverse grid entry may be larger than the previous entry. Later positions can dominate total exposure. A move that does not retrace sufficiently may cause severe floating loss, insufficient margin, forced liquidation or total account loss.
3. No traditional stop loss by default
The core strategy relies on basket recovery rather than a conventional stop loss. Maximum-trade and optional risk controls do not guarantee that loss will be contained at a specific amount, particularly during gaps, disconnections, rejected orders or extreme volatility.
4. Gold and leverage
XAUUSD can move rapidly around economic releases, geopolitical events, liquidity transitions and broker rollovers. Leverage magnifies both gains and losses. Spreads, swaps and margin requirements may change without notice.
5. Execution and technology
Actual results depend on broker pricing, symbol specifications, latency, VPS reliability, terminal permissions, market liquidity, slippage and order rejection. OCO cancellation cannot prevent both sides filling in every gap or rapid-price scenario.
6. Backtest limitations
A tester cannot reproduce every live spread, queue, latency, liquidity, rejection, margin or outage. Optimising repeatedly on the same history can overfit parameters. Use unseen periods, multiple market regimes and broker-specific real ticks.
7. Your responsibility
- Use a demo account and verify every function before live trading.
- Allocate only capital you can afford to lose completely.
- Confirm a hedging account and broker compatibility.
- Monitor positions, free margin, connectivity and logs.
- Understand every setting and maintain an independent emergency plan.
- Seek independent regulated financial advice if you are unsure whether leveraged trading is appropriate.
8. No advisory relationship
NovaQuant provides software and technical information. Nothing on this site is personalised investment, tax, legal or financial advice, and purchasing a licence does not create a fiduciary or advisory relationship.
9. Refund boundary
Trading performance and losses are not product defects and are not covered by the Refund Policy. Qualifying software or licence faults remain covered as described there, along with mandatory statutory rights.