Disclaimers

Trading in futures and forex markets involves significant risks and is not suitable for all investors. An investor could potentially lose all or a portion of their initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. 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 described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

Trading futures, options, and foreign exchange involves substantial risk and is not suitable for all individuals. Financial instruments may fluctuate in value, and losses may exceed the initial investment, particularly when leverage is used. All trading decisions are made at the individual's own discretion, and any profits or losses are solely the responsibility of the trader. Any performance examples shown are hypothetical and provided for educational purposes only and do not represent actual trading results. Past performance is not indicative of future results, and no representation is made that any account will or is likely to achieve profits or losses similar to those shown. Trade only with capital you can afford to lose. DISCLAIMER: Futures and forex trading contain 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 lifestyle. 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.