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 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 DISCLOSURE 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. The trading ideas and trading methods shown in this book may have worked in the past. Past results are not necessarily indicative of future results. While there is a potential for profits there is also a huge risk of loss. Therefore, it is advised to consider carefully whether such trading is suitable for you with regard to your financial situation. All information in this book serves for educational purposes only. It does not constitute an instruction or a recommendation to trade futures contracts or forex. Professional advice should be sought where appropriate. Neither the author nor the publisher is responsible for losses arising from the use of the content of this course.

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