Since we are being taught about AM-GM inequality, I decided to use the method however I am getting two different answers by slightly different methods.
Method 1 \begin{equation} v=x (1-x^2)$ \implies v^2=x^2 (1-x^2)^2 \end{equation} Using the AM-GM-inequality we obtain \begin{equation} x^2+(1-x^2)+(1+x)+(1-x) >4 (v^2)^{\frac{1}{4}} \implies \frac{9}{16} \ge v. \end{equation} Therefore the max value is $\frac{9}{16}$.
Method 2 $$ v=x (1-x^2) \implies 2v^2= 2x^2 (1-x^2)^2 $$ With the AM-GM-inequality $$2x^2+(1-x^2)+(1-x^2) >3 (2v^2)^{\frac{1}{3}} \implies \frac{2}{(27)^{\frac{1}{2}}} > v. $$
Let $x=\frac{a}{\sqrt3}.$
Thus, by AM-GM $$x(1-x^2)=\frac{1}{3\sqrt3}(3a-a^3)=\frac{1}{3\sqrt3}(2-(a^3+2-3a))\leq$$ $$\leq\frac{1}{3\sqrt3}(2-(3\sqrt[3]{a^3\cdot1^2}-3a))=\frac{2}{3\sqrt3}.$$ The equality occurs for $a=1$ or $x=\frac{1}{\sqrt3},$ which says that we got a maximal value.
We can use AM-GM also by the following way. $$x(1-x^2)=\sqrt{\frac{1}{2}\cdot2x^2(1-x^2)^2}\leq$$ $$\leq\sqrt{\frac{1}{2}\left(\frac{2x^2+1-x^2+1-x^2}{3}\right)^3}=\frac{2}{3\sqrt3}.$$