Risk disclosure

Options and futures are complex and move fast. Many traders lose money. A short-dated option can lose its whole value in hours; a futures position or a sold option can lose more than the money in the trade.

Every result on CopyTap is worked out from the traders' and bots' posts, buying at the ask and selling at the bid at each signal, at the trader's own size (10 contracts when they don't post one). Nobody actually got exactly these results, and fees, slippage and delays would have lowered them. Bot records before a bot's live date are a forward test, not real trades.

A good record over a few weeks or months is often luck. Look at the number of trades, the drawdown, and how much of the result came from a few trades before you copy anyone.

Orders go out after the signal reaches us. Your fills can be worse or missing, and a broker may reject an order or be unavailable. Check your broker account and close anything a copy leaves open.