IMPORTANT: Trading financial instruments carries a high level of risk and may not be suitable for all investors. You should carefully consider your investment objectives, level of experience, and risk appetite before trading. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
1. Not Financial Advice
The Ladder Model, all associated course materials, website content, Discord community discussions, and any communications from the course creator ("Tony") constitute educational content only and do not constitute financial advice, investment advice, trading advice, or any other form of advice regulated under financial services legislation in any jurisdiction.
Nothing in this course should be construed as a recommendation to buy, sell, or hold any financial instrument, currency pair, index, commodity, or any other asset. All content is provided for educational and informational purposes only.
2. No Regulatory Registration
The creator of The Ladder Model is not registered, licensed, or authorised as a financial adviser, investment adviser, broker-dealer, or any other regulated financial professional with:
- The National Futures Association (NFA)
- The Commodity Futures Trading Commission (CFTC)
- The Financial Industry Regulatory Authority (FINRA)
- The Financial Conduct Authority (FCA)
- The Australian Securities and Investments Commission (ASIC)
- Any other national or international financial regulatory body
Before making any financial or investment decisions, you should seek advice from a qualified, regulated financial professional who is licensed in your jurisdiction.
3. Hypothetical and Simulated Performance
HYPOTHETICAL PERFORMANCE DISCLOSURE: The Monte Carlo simulation results shown in this course are hypothetical and were generated using computer modelling based on assumed parameters (win rate, reward-to-risk ratio). Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Hypothetical performance results are subject to the following limitations:
- They do not reflect actual trading. There is no guarantee that any trader would have executed trades as described or achieved the simulated results.
- They do not account for the impact of financial risk in actual trading, including the effects of slippage, spread costs, commissions, platform fees, or execution delays.
- They assume fixed win rates and reward-to-risk ratios that may not be sustained in live market conditions.
- Past performance — whether actual, backtested, or simulated — is not indicative of future results.
- The performance of the course creator's personal account (as shown in the course) represents individual results achieved under specific market conditions and does not represent typical results achievable by course participants.
4. Risk Disclosure for Retail Traders
Trading in forex, indices, commodities, futures, contracts for difference (CFDs), and other leveraged instruments involves significant risk of loss. You should be aware of the following risks before trading:
- Leverage risk: The Ladder Model involves high position sizing (30% of equity per trade) which results in large effective leverage. Losses can and will exceed the amount risked on individual trades in certain market conditions. High leverage means high potential gains and high potential losses.
- Market risk: Financial markets can move rapidly and unexpectedly. Events such as economic announcements, geopolitical developments, and liquidity gaps can cause losses greater than anticipated.
- Execution risk: Slippage, requotes, and platform outages can result in fills at prices significantly different from expected entry and exit points, affecting actual results versus simulated results.
- Counterparty risk: Trading through brokers and platforms involves trust in third parties. Broker insolvency, platform failure, or regulatory changes can affect your ability to access funds.
- Strategy degradation risk: A trading edge that has been verified historically may cease to be effective due to changes in market structure, liquidity, volatility, or participant behaviour.
- Psychological risk: Emotional decision-making, overtrading, deviation from strategy rules, and failure to accept losses are among the most common causes of trading failure.
5. The "Shot Account" Concept
The course introduces the concept of a "shot account" — an account funded with capital the trader is prepared to lose entirely. This concept is described for educational purposes as a framework for understanding risk tolerance. The Ladder Model explicitly states that shot accounts should only be funded with capital that the trader can genuinely afford to lose without financial hardship.
We strongly discourage funding any trading account — shot account or otherwise — with:
- Savings required for essential expenses or emergencies
- Borrowed money, including personal loans or credit card debt
- Money belonging to or relied upon by others
- Capital representing a significant portion of your net worth
6. Prop Firm Comparisons
The course includes comparative analysis of prop firm trading models versus personal account trading using the Ladder Model framework. These comparisons are based on Monte Carlo simulations using assumed parameters and are intended to illustrate mathematical concepts only. They do not constitute a recommendation for or against any specific prop firm, broker, or trading vehicle.
Prop firm terms, rules, payout structures, and reliability vary significantly between providers and may change at any time. The commentary regarding prop firms in this course reflects the personal experience and opinion of the course creator and should not be relied upon as a comprehensive or current assessment of any specific firm.
7. Broker Recommendations
Any broker mentioned in this course, including TMGM, is mentioned based on the personal trading experience of the course creator. The mention of any specific broker does not constitute an endorsement, guarantee of services, or assurance of regulatory compliance. An affiliate relationship may exist between the course and any broker recommended.
You are solely responsible for conducting your own due diligence on any broker before depositing funds. Ensure any broker you use is appropriately regulated in your jurisdiction.
8. Jurisdiction Notice
This course and its associated content may not be appropriate or legally accessible in all jurisdictions. It is your responsibility to ensure that accessing and using this course complies with the laws and regulations of your country of residence. This course is not directed at residents of jurisdictions where the sale of such educational content is restricted or prohibited.
9. Your Responsibility
By accessing this course, you acknowledge and accept that:
- All trading decisions are made solely by you
- The course creator bears no responsibility for any financial outcomes resulting from your trading activity
- You have read, understood, and accept the full risk disclosure above
- You will seek qualified financial advice before making any investment decisions
- You understand that no trading system or framework, including the Ladder Model, guarantees profits or eliminates the risk of loss
Final note from Tony: I built this course because I believe the information in it is genuinely useful to traders who already have a real edge. I also believe in being completely honest about what trading involves. If anything in this disclaimer gives you pause — good. It should. Trading is hard, losses are real, and no framework changes that. The Ladder Model is a tool. You bring the edge, the discipline, and the risk capital. Trade responsibly.