Not financial advice. PairsCopilot sells data: the output of our statistical model, published identically to every subscriber. We are not investment advisers or brokers — nothing here is a recommendation to buy or sell any security, and no figure is a prediction or guarantee of profit. Do your own research: every trade is your own decision, made with your own risk management, at your own risk. Trading involves substantial risk of loss, including loss of principal.
PairsCopilot is an impersonal publication: it sells data — the output of a statistical model — published identically to every subscriber at the same time. Nothing is tailored to any person, account, or portfolio. PairsCopilot is not a registered investment adviser or broker-dealer, does not provide individualized investment advice, and relies on the bona fide publisher exclusion. Nothing on this site or in any report is a recommendation to buy or sell any security.
Modeled gains, losses, returns, and simulations are hypothetical: they were not achieved by actual trading. Hypothetical results have inherent limitations — they cannot reflect the slippage, fees, borrow costs, or discipline of real execution, and they benefit from hindsight in ways that can be impossible to eliminate. A short version of this notice appears beside every modeled figure on the site and in every report. Past performance, real or modeled, never guarantees future results.
Pairs trades short one stock: losses on a short leg are potentially unlimited, and both legs can lose at the same time. Margin requirements can force a position closed at the worst moment; borrow availability and costs change; a "market-neutral" pair is neutral only to the extent the historical relationship holds, and relationships break. You can lose more than the cash a trade consumed, and substantially more than you expect.
The operator of PairsCopilot may hold or trade positions in securities that appear in published signals, including the same pairs, and may enter or exit at different times or prices than any subscriber. Signals are generated by the model and published on a fixed nightly schedule; the operator does not trade ahead of publication in the signals' direction between generation and publication.
Support can help with the product, never with whether a trade suits you — we do not discuss suitability, allocation, or individual situations.
Do your own research; consult a licensed financial advisor before making investment decisions. Every trade you make is your own decision, at your own risk, with your own risk management. Trading involves substantial risk of loss, including loss of your entire investment.
Short-form notice used beside modeled figures: “Modeled, not achieved. Hypothetical results have inherent limitations and do not represent actual trading.”