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Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance results have many inherent limitations, some of which are outlined below. It is not being claimed that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are often significant differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One limitation of hypothetical performance results is that they are typically prepared with the benefit of hindsight. Additionally, hypothetical trading does not involve financial risk, and no hypothetical trading record can fully account for the impact of financial risk in actual trading. For instance, the ability to withstand losses or to adhere to a specific trading program despite trading losses are significant factors that can adversely affect actual trading results. There are numerous other factors related to the markets in general or the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results, all of which can negatively impact trading outcomes.

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