You can lose some or all of the money you commit to trading.

PHG provides general education, learning frameworks, worked examples, Journal prompts and market context. PHG does not provide personalised financial, investment, legal or tax advice, and does not operate a trade-signal service. Nothing on the website, in the Campus, during a live session, in the PHG Community or in an alert is an instruction to enter, hold or exit a trade.

• Market prices can move quickly, unpredictably and against your position.
• Leverage and margin can magnify losses as well as gains.
• You may lose some or all of the money committed to trading.
• Liquidity, spreads, slippage and execution delays may produce a different outcome from the one expected.
• Technology, connectivity, platform, broker and counterparty failures may interrupt access or execution.
• Foreign-exchange and cross-border conditions may add currency, legal and operational risk.
• Past results, examples, backtests and member stories do not predict future performance.
• Emotional pressure, overconfidence and poor risk control can materially worsen losses.

You remain solely responsible for deciding whether trading is appropriate, selecting a regulated provider, understanding the product and costs, deciding how much risk to accept, and making every trading decision. Do not trade money you cannot afford to lose. Consider independent professional advice where your circumstances require it.

PHG does not guarantee profitability, funding, account growth, accuracy, access to a particular market, or any financial or trading result. Membership is payment for access to education and support, not payment for a financial outcome.