Full Disclaimer

What Vrrrt! is

Vrrrt! is a research and education tool. You describe a trading strategy in plain English. The system runs historical simulations against real market data from multiple instruments, time frames, and date ranges. It returns statistical results: win rates, net pips, risk-adjusted ratios, equity curves, and robustness assessments.

That is all Vrrrt! does. It does not manage money. It does not execute trades. It does not provide personalised financial advice. It does not predict the future. It is a tool for researching whether a strategy has performed historically — not a guarantee that it will perform in the future.

What Vrrrt! is not

Vrrrt! is not:

• A licensed financial advisor, investment advisor, or financial services provider
• A broker or trading platform
• A signal service or trading recommendation system
• A guarantee of future trading results
• A substitute for professional financial advice

Nothing on this platform constitutes financial advice, investment advice, trading advice, or any other form of advice. If you are unsure whether trading is appropriate for your financial situation, consult a licensed financial advisor in your jurisdiction before trading.

Hypothetical performance results

All results shown on Vrrrt! — including but not limited to win rates, net pips per month, Sharpe ratios, Sortino ratios, Calmar ratios, equity curves, profit factors, and Monte Carlo survivability percentages — are hypothetical.

Hypothetical performance results have inherent limitations and will differ from actual trading results. The following factors mean that actual results will always differ from backtest results:

• Slippage. In live markets, order execution prices differ from the prices at which a backtest assumes fills occur. This difference (slippage) reduces real-world performance.
• Spread variation. Vrrrt! deducts a fixed spread assumption from every backtest trade. In live trading, spreads widen during news events, low-liquidity periods, and market opens — often materially beyond the assumption used in testing.
• Execution latency. Backtests assume instantaneous order execution. Real-world execution involves network latency, broker processing delays, and partial fills that do not occur in simulation.
• Survivorship bias. Historical data includes all bars that occurred. Live trading involves market conditions, broker outages, and operational events that cannot be simulated in historical data.
• Overfitting risk. A strategy that performs well on historical data may be overfitted to that data — optimised for past conditions that no longer exist. Strong backtest results do not guarantee robust live performance.
• Market regime change. Markets evolve. Central bank policy, regulatory changes, volatility regimes, and liquidity conditions change over time. A strategy that performed for 15 years may encounter a changed market regime that invalidates its edge.
• Position sizing. Backtest results assume fixed or idealised position sizing. Live trading involves margin constraints, broker-specific lot sizing rules, and psychological factors that affect position sizing in ways that simulation cannot replicate.

Vrrrt! takes steps to improve backtest integrity — including mandatory spread deduction, perturbation testing, and minimum data requirements. These measures reduce (but do not eliminate) the gap between backtest and live performance.

Monte Carlo simulation results

Full Reports from Vrrrt! include Monte Carlo simulation results, which show survivability percentages and drawdown distributions across thousands of randomised trade sequences.

Monte Carlo results are a robustness measure — they test whether a strategy's backtest performance is consistent or fragile by randomly reshuffling trade outcomes and measuring survival rates.

A high Monte Carlo survivability score does not guarantee future performance. It indicates that the historical result is not solely dependent on a specific sequence of trades — it does not indicate that the strategy will produce the same results in live markets. All limitations described in the hypothetical performance section apply equally to Monte Carlo results.

Past performance

Past performance does not guarantee future results. This is not a formality. It is a material statement about the nature of financial markets.

Historical data tells us what happened. It does not tell us what will happen. Every strategy that has worked historically has eventually stopped working — due to market regime changes, increased competition from similar strategies, or structural changes to the underlying instrument.

Vrrrt! requires a minimum of 15 years of historical data for a strategy to be considered reliable. This is a higher standard than most backtesting tools. It means we show you performance across multiple market cycles, interest rate regimes, and volatility periods. It does not mean the next 15 years will resemble the last 15.

Risk of loss

Trading financial instruments — including forex, indices, and commodities — involves substantial risk of loss. You may lose more than your initial investment. Losses can exceed deposited funds when trading with leverage.

Trading is not suitable for all investors. Before trading any financial instrument, you should carefully consider your financial objectives, level of experience, and risk appetite. Only trade with money you can afford to lose.

Vrrrt! is not responsible for any losses incurred as a result of using its research outputs. The decision to trade, and the responsibility for the outcome of that decision, is entirely yours.

No guarantee of results

Vrrrt! does not guarantee that any strategy will be profitable in live trading. We do not guarantee the accuracy of backtest results. We do not guarantee that our historical data is complete or error-free. Historical data may contain gaps, inaccuracies, or vendor-introduced anomalies that affect results.

We take reasonable steps to ensure data quality and calculation accuracy. These steps reduce risk but do not eliminate it. You should independently verify any results before making trading decisions.

Do your own research

Vrrrt! gives you tools to research a strategy. It does not tell you whether to trade it. Before taking any strategy live:

• Understand exactly what the strategy does and why it should work
• Test it on a demo account before risking real capital
• Understand the risk management rules: position sizing, stop losses, maximum drawdown tolerance
• Consider how the strategy behaves in different market conditions beyond what the backtest covers
• Consult a licensed financial advisor if you are unsure

A backtest result is a starting point for research. It is not a trading signal.

Regulatory status and jurisdiction

Vrrrt! is operated by Jaco Schoeman, Johannesburg, South Africa. It is a research and education tool. In its current form, it does not constitute a financial service, financial advisory service, or financial product under the South African Financial Advisory and Intermediary Services Act (FAIS) or equivalent legislation in other jurisdictions.

Users in the United Kingdom, European Economic Area, United States, Australia, and other jurisdictions are responsible for determining whether use of Vrrrt! is permitted under the laws of their jurisdiction. We make no representation that our platform is compliant with the laws of any jurisdiction outside South Africa.

This disclaimer will be updated to reflect Georgian LLC registration once that entity is formed.

Questions

Questions about this disclaimer? Email support@vrrrt.app or reach us via the Vrrrt! Telegram community.

For full terms of use and privacy policy, see our Legal page.