Risk Disclosure

Sonr is a tool, not advice

Rioa, LLC is not a broker-dealer or investment adviser. Sonr's scanners, chart-pattern detections, accuracy figures, backtests, and automated strategies are informational tools built from historical and real-time data. They are not recommendations and are not tailored to your situation. You alone decide what to trade.

Past performance

Accuracy figures and backtest results shown in Sonr are measured on past data under assumptions that may not hold in the future, including fill prices, liquidity, and slippage. Past performance, whether backtested or live, does not predict future results.

Automated strategies

Strategies that place orders automatically can trade while you are not watching. They can be wrong, can compound a mistake, and can be affected by data outages, broker outages, trading halts, your computer sleeping, or network problems. Protective stops may not fill at the expected price in a fast market. Monitor any strategy you enable, size it conservatively, and know how to turn it off.

Small-cap and low-priced stocks

These securities are volatile, thinly traded, and prone to halts, large spreads, and sudden reversals. News and social-media activity can move them dramatically. Short-term trading in them is among the riskiest activities in public markets.

Market data

Quotes and volume in Sonr may be delayed, partial, or incorrect, and may differ from your broker's data. Do not rely on Sonr as your only source of price information.

Your broker

Orders are executed by your broker under its own terms, including pattern-day-trading rules, margin requirements, and account restrictions. Rioa has no control over execution.

If you do not understand these risks, do not trade with Sonr. See the Terms of Use and Privacy Policy.