Read this before you connect a broker or arm live trading in Dawnstar Trading. Using the software means you accept everything below.
Dawnstar Trading is software — a tool for research, backtesting, and optional automated order placement against brokers you connect. It is not an investment adviser, broker-dealer, financial planner, or fiduciary, and it does not provide personalized investment, trading, tax, or legal advice. Nothing it or this website displays — scores, statistics, AI commentary, or backtest results — is a recommendation to buy, sell, or hold any security or instrument.
Trading carries a substantial risk of loss, potentially all of the capital you deploy, and in leveraged instruments such as forex potentially more than your initial deposit. Past, backtested, simulated, and hypothetical results never guarantee future results. Dawnstar deliberately surfaces anti-overfitting statistics precisely because good-looking backtests routinely fail live. No result in the software demonstrates a profitable edge, and none guarantees future performance.
Any backtested, simulated, or hypothetical result shown in the software is exactly that. Hypothetical results have inherent limitations: they are prepared with the benefit of hindsight, do not involve financial risk, and cannot fully account for real-money frictions such as slippage, fills, latency, fees, and taxes. No representation is made that any account will or is likely to achieve results similar to those shown.
Dawnstar defaults to paper trading. Live trading requires you to deliberately clear two independent gates and supply your own live broker keys. Once armed, the software can place real orders with real money on your accounts, and every such order is your responsibility. You are responsible for monitoring the software, your positions, and your accounts.
Dawnstar is not a wallet, bank, money transmitter, or custodian. It never holds, receives, moves, or has withdrawal access to your funds. Your money stays at the regulated brokers you connect; Dawnstar only sends orders through their official APIs using keys you control and can revoke.
Alpaca, OANDA, Coinbase, and any other named service are independent third parties, not affiliated with, endorsed by, or sponsoring Dawnstar. Your use of each is governed by that provider’s own terms. To the fullest extent permitted by law, Dawnstar Development & Publishing is not liable for any loss, damage, missed trade, erroneous order, software defect, downtime, or data error. Use entirely at your own risk.