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Commodity
Futures Trading Commission Futures, Options trading, and Forex 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, forex 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, options, forex currencies. No representation is being
made that any account will or is likely to achieve profits or losses
similar to those discussed on this web site. The past performance of any
trading system or methodology is not necessarily indicative of future
results. Due
to the inherent risks of internet data transfer, data feed
interruptions, rejected orders, etc., Trading Systems Live cannot be
held responsible for any order not properly processed.
Trading these systems from a home computer must therefore be
monitored at all times to ensure proper execution and it is understood
to be totally dependent on the user’s oversight of these automated
trading systems. To ensure
that this risk is acceptable to the user, a document stating same must
be signed and returned, absolving Trading Systems Live from any
liability from trade aberrations. RISK DISCLOSURE STATEMENT
(CFTC Reg. Sec. 1.55) The
risk of loss in trading commodity futures contracts can be substantial.
You should, therefore, carefully consider whether such trading is
suitable for you in light of your circumstances and financial resources.
You should be aware of the following points: (1)
You may sustain a total loss of the funds that you deposit with your
broker to establish or maintain a position in the commodity futures
market, and you may incur losses beyond these amounts. If the market
moves against your position, you may be called upon by your broker to
deposit a substantial amount of additional margin funds, on short
notice, in order to maintain your position. If you do not provide the
required funds within the time required by your broker, your position
may be liquidated at a loss, and you will be liable for any resulting
deficit in your account. (2)
Under certain market conditions, you may find it difficult or impossible
to liquidate a position. This can occur, for example, when the market
reaches a daily price fluctuation limit (“limit move”). (3)
Placing contingent orders, such as “stop-loss” or “stop-limit”
orders, will not necessarily limit your losses to the intended amounts,
since market conditions on the exchange where the order is placed may
make it impossible to execute such orders. (4)
All futures positions involve risk, and a “spread” position may not
be less risky than an outright “long” or “short” position. (5)
The high degree of leverage (gearing) that is often obtainable in
futures trading because of the small margin requirements can work
against you as well as for you. Leverage (gearing) can lead to large
losses as well as gains. (6)
You should consult your broker concerning the nature of the protections
available to safeguard funds or property deposited for your account. ALL
OF THE POINTS NOTED ABOVE APPLY TO ALL FUTURES TRADING WHETHER FOREIGN
OR DOMESTIC. IN ADDITION, IF YOU ARE CONTEMPLATING TRADING FOREIGN
FUTURES OR OPTIONS CONTRACTS, YOU SHOULD BE AWARE OF THE FOLLOWING
ADDITIONAL RISKS: (7)
Foreign futures transactions involve executing and clearing trades on a
foreign exchange. This is the case even if the foreign exchange is
formally “linked” to a domestic exchange, whereby a trade executed
on one exchange liquidates or establishes a position on the other
exchange. No domestic organization regulates the activities of a foreign
exchange, including the execution, delivery, and clearing of
transactions on such an exchange, and no domestic regulator has the
power to compel enforcement of the rules of the foreign exchange or the
laws of the foreign country. Moreover, such laws or regulations will
vary depending on the foreign country in which the transaction occurs.
For these reasons, customers who trade on foreign exchanges may not be
afforded certain of the protections which apply to domestic
transactions, including the right to use domestic alternative dispute
resolution procedures. In particular, funds received from customers to
margin foreign futures transactions may not be provided the same
protections as funds received to margin futures transactions on domestic
exchanges. Before you trade, you should familiarize yourself with the
foreign rules which will apply to your particular transaction. (8)
Finally, you should be aware that the price of any foreign futures or
option contract and, therefore, the potential profit and loss resulting
therefrom, may be affected by any fluctuation in the foreign exchange
rate between the time the order is placed and the foreign futures
contract is liquidated or the foreign option contract is liquidated or
exercised. THIS
BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER
ASPECTS OF THE COMMODITY MARKETS CFTC
REG SEC. 4.41 HYPOTHETICAL PERFORMANCE RESULTS DISCLOSURE THESE
RESULTS ARE BASED ON SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT
HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL
PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO,
BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY
HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET
FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL 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 PROFITS OR LOSSES SIMILAR TO THESE
BEING SHOWN. This
Site is provided by "TradingSystemsLive.com". Please be
advised that TradingSystemsLive.com, it's owners and/or operators are
not a registered broker, financial advisor, nor is registered in any way
with any government regulator agency. TradingSystemsLive.com makes this
information, its products and services available through this website
under the First Amendment of the Unites States Constitution.
TradingSystemsLive.com has makes great effort to list all information to
be very accurate. All data included in this website is considered
HYPOTHETICAL. Futures, Forex, and Options on Futures trading involves
substantial risk and is not suitable for all investors.
TradingSystemsLive.com products and services are not suitable for
everyone. Trading should only be done with true risk capital. Past
performance is not necessarily indicative of future results. Upon
subscribing to a system found on TradingSystemsLive.com and/or any
website linked to or affiliated with TradingSystemsLive.com you agree to
not hold TradingSystemsLive.com it's and its owners and/or operators
liable for loss of any kind, including but not limited to, financial
loss. Additionally you understand that you are subscribing under a
no-refund policy. ALL subscription fees (including monthly and yearly)
are non-refundable regardless of program performance. ALL SALES ARE
FINAL. TradingSystemsLive.com and it's owners and/or operators do not
offer advice but rather the automated trading systems found on
TradingSystemsLive.com are traded through third party brokers; therefore
it may be prudent to discuss your trading with the broker carrying your
account. You agree to indemnify, defend and hold harmless
TradingSystemsLive.com, its officers, directors, employees, agents,
licensors, suppliers from and against all losses, expenses, damages and
costs, including reasonable attorneys fees, resulting from any violation
of this Agreement (including negligent or wrongful conduct) or loss of
any kind, by you or any other person accessing the Service. Termination. This
Agreement may be terminated by either party without notice at any time
for any reason. This
Agreement shall survive any termination of this Agreement and be
governed and construed in accordance with the laws of The United States
of America applicable to agreements made and to be performed in The
United States of America. You agree that any legal action or proceeding
between TradingSystemsLive.com, it's owners and/or operators and you for
any purpose concerning this Agreement or the parties obligations
hereunder shall be brought exclusively in a federal or state court of
competent jurisdiction sitting in the State of Idaho in The United
States of America, unless otherwise decided by TradingSystemsLive.com,
it's owners and/or operators. Any cause of action or claim you may have
with respect to the Service must be commenced within one (1) year after
the claim or cause of action arises or such claim or cause of action is
barred. TradingSystemsLive.com, it's owners and/or operators failure to
insist upon or enforce strict performance of any provision of this
Agreement shall not be construed as a waiver of any provision or right.
Neither the course of conduct between the parties nor trade practice
shall act to modify any provision of this Agreement.
TradingSystemsLive.com, it's owners and/or operators may assign its
rights and duties under this Agreement to any party at any time without
notice to you.
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