PITTRADER LLC Terms of Use
Updated: November 17th, 2025
Welcome to pittrader.com (“Site”), operated by PITTRADER LLC (“PITTRADER”, “we”, “our”, “us”).
Please read these Terms of Use (“Terms”) carefully before using our Site or services.
By accessing or using this Site, you agree to these Terms. If you do not agree, do not use this Site or any PITTRADER services.
1. Eligibility & Invite-Only Access
The Site and programs are available only to adults 18 years or older.
Access to courses, coaching, and memberships is by invitation after a required consultation, qualification, and acceptance.
2. Behavior and Community Standards (The Golden Rule)
Treat all members, coaches, and staff respectfully and courteously (“The Golden Rule”).
Prohibited: Hate speech, discrimination, harassment, bullying, illegal activity, or advice-giving to others regarding trading/investments.
Required: Foster an open, honest, and learning-focused environment. No commercial solicitation or self-promotion without PITTRADER approval.
Violations may result in account suspension or termination without refund.
3. Informational/Educational Use Only
PITTRADER content is for educational purposes only, not investment, legal, or tax advice.
Do not rely on PITTRADER content to make investment decisions.
PITTRADER and its personnel are not brokers, investment advisers, or licensed to give personalized recommendations.
4. Intellectual Property
All Site content, courses, videos, materials, logos, and names are the exclusive property of PITTRADER LLC and protected by law.
You may not copy, distribute, modify, or use any content except for your personal educational purposes, as permitted under these Terms.
5. User Content & Submissions
If you submit content (comments, questions, feedback), you grant PITTRADER an unlimited, worldwide, royalty-free license to use, display, and share your content for any lawful purpose.
6. Privacy & Recording Consent
By using this Site and services, you consent to PITTRADER recording audio, video, and/or screen activity for quality, training, or compliance purposes.
You represent that you will not record PITTRADER sessions, coaching calls, or community meetings without express written permission.
7. Annual Memberships, Subscriptions & Billing
Course/program access is for twelve (12) months unless otherwise stated.
After the initial access term, continued access (including recordings, group coaching, and community) is available, billed automatically on the 1st–5th of each month if on a monthly subscription plan. An annual plan will be available to continue membership if paying in full.
You may cancel by written notice to [email protected] prior to renewal.
You will receive two warning emails before initial subscription renewal billing.
No refunds after any payment has been processed.
Reactivation after lapsing or canceling membership and then being reinstated requires a $500 reactivation fee, unless waived by PITTRADER at its sole discretion.
See our Terms & Conditions for full details.
8. Refunds & Chargebacks
Full refund only if you have not logged into the PITTRADER course and submit a written request to [email protected] within 7 calendar days of purchase.
After logging into the PITTRADER course, the course(s) are considered consumed, and therefore, no refunds are available for any reason.
You agree not to initiate chargebacks with your card provider for authorized payments. Any unauthorized chargebacks may result in account suspension and collection proceedings.
9. Payment Plans
Payment plans (2 or 4 installments, if approved by PITTRADER) allow for split payments.
No access to programs is granted until all installments are paid in full.
10. Conduct in Live Streams & Community Features
“Trader pod” and community rooms are unsupervised, peer-driven, social environments—no investment advice is given or permitted.
Abuse, spam, personal attacks, or misuse will result in removal.
11. Disclaimers & Limitation of Liability
Content is provided “as is, as available.” No guarantee of completeness, accuracy, or typical outcomes.
PITTRADER is not responsible for any losses or damages of any kind arising from your use of the Site or services.
Please read our full Disclosures.
12. Governing Law & Dispute Resolution
These Terms and any disputes are governed by North Carolina law.
Disputes must be resolved through binding arbitration in Mecklenburg County, NC. No class actions. See our T&C for process details.
13. Entire Agreement & Modifications
These Terms are the entire agreement between you and PITTRADER for Site use.
PITTRADER may update these Terms at any time; continued use is your acceptance of changes.
14. Contact Us
For questions, contact us at:
Email: [email protected]
Response time: within 1 business day
If you do not agree with any term or provision of our Terms and Conditions, you should not use our Site, Services, Content, or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.
PITTRADER LLC may publish testimonials or descriptions of past performance, but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty, or guarantee that similar results will be obtained by you.
The experience of PITTRADER LLC with trading is not typical, nor is the experience of traders featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication, and a significant amount of time.
Your results may differ materially from those expressed or utilized by PITTRADER LLC due to a number of factors. We do not track the typical results of our past or current customers. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
Available research data suggests that most day traders are NOT profitable.
In a research paper published in 2014 titled “Do Day Traders Rationally Learn About Their Ability?”, professors from the University of California studied 3.7 billion trades from the Taiwan Stock Exchange between 1992-2006 and found that only 9.81% of day trading volume was generated by predictably profitable traders and that these predictably profitable traders constitute less than 3% of all day traders on an average day.
In a 2005 article published in the Journal of Applied Finance titled “The Profitability of Active Stock Traders” professors at the University of Oxford and the University College Dublin found that out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619.
In a 2003 article published in the Financial Analysts Journal titled “The Profitability of Day Traders”, professors at the University of Texas found that out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of $10,000.
The range of results in these three studies exemplify the challenge of determining a definitive success rate for day traders. At a minimum, these studies indicate that at least 50% of aspiring day traders will not be profitable. This reiterates that consistently making money trading stocks is not easy. Day Trading is a high-risk activity and can result in the loss of your entire investment. Any trade or investment is at your own risk.
Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal, or investment advice. A referral to a stock or commodity is not an indication to buy or sell that stock or commodity.
This does not represent our full Disclaimer. Please read our complete disclosure
Citations for Disclaimer
Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2014). Do Day Traders Rationally Learn About Their Ability?. SSRN Electronic Journal. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2535636
Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance , Vol. 15, No. 2, Fall/Winter 2005. Available at SSRN: https://ssrn.com/abstract=908615
Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94, DOI: https://www.tandfonline.com/doi/abs/10.2469/faj.v59.n6.2578
Disclaimer | Risk Disclosure and Performance Disclaimer Statements:
NFA - Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation, and particular needs. Information should not be considered as an offer or enticement to buy, sell, or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action. Past performance does not guarantee future results. Simulated performance results contain inherent limitations. Unlike actual performance records, the results may under or over-compensate for factors such as lack of liquidity. No representation is being made that any account will or is likely to achieve profits or losses like those shown.
U.S. Government Required Disclaimer - CFTC Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT AND TEXTS. OUR COURSE(S), PRODUCTS, AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN.
Educational purposes only. PITTRADER LLC ™ does not provide investment advice, brokerage services, or trade execution.
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