Important Trading, Signal & Data Disclosures

1. No Investment or Trading Advice; Not a Registered Adviser or Broker-Dealer: Coteau Systematic Strategies (“Coteau”) is an independent research and software publisher, not a registered investment adviser, broker-dealer, or FINRA member. Nothing in Pro constitutes individualized investment advice, a fiduciary recommendation, or an offer or solicitation to buy, sell, short, or hold any security.

2. Setups, Signals, Technical Dials, Ratings & 1R Sizing May Be Wrong: All setups, BUY/SELL/STRONG BUY/STRONG SELL ratings, speedometer dials, indicator readings, multi-timeframe trends, automated signals, key price levels (PMH/PML/PDH/PDL/PDC, support/resistance, round numbers), 1R position sizing, squeeze scores, SEC dilution/offering flags (S-3/ATM/424B5/warrants/splits), analyst consensus ratings, price targets, and Morningstar ratings are automated mathematical outputs or third-party aggregations that frequently produce false signals, calculation errors, or stale readings and must never be relied upon for any trade.

3. Data May Be Slow, Delayed, Incomplete, Single-Exchange, or Inaccurate: Prices, quotes, charts, volume, relative volume, float, short interest, halts, corporate actions, news wires, and fundamentals from third parties (Alpaca IEX, Yahoo Finance, Webull, Morningstar, TradingView, SEC EDGAR) may be slow, delayed by 15+ minutes, throttled, stale, mis-adjusted for splits/halts, or inaccurate. IEX real-time data reflects ~2–3% of U.S. volume and differs from consolidated NBBO. Always verify live quotes and order parameters directly in your brokerage before acting.

4. Extreme Risk of Trading & Total Loss of Capital: Active, day, momentum, and short trading and volatile, low-float, or micro-cap equities involve extreme risk of rapid, substantial, or total loss of capital. Past or hypothetical performance is never indicative of future results. You bear 100% sole responsibility for all trading decisions, execution, and financial outcomes.