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DISCLAIMER, RISK
DISCLOSURE AND MEMBER AGREEMENT
BY JOINING OUR SERVICE
YOU INDICATE YOUR ACCEPTANCE OF ALL OF THE RISKS DESCRIBED IN THIS
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THERE CAN BE
SUBSTANTIAL RISK OF LOSS IN TRADING STOCKS. YOU SHOULD, THEREFORE,
CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT
OF YOUR FINANCIAL CONDITION. IN DECIDING TO TRADE STOCKS, YOU SHOULD
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YOU MAY SUSTAIN A TOTAL LOSS OF
THE STOCK VALUE AND OF ALL TRANSACTION COSTS. THIS STATEMENT AND
THIS WEBSITE CANNOT DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT
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IF YOU ENGAGE IN MARGIN TRADING, IF THE MARKET MOVES
AGAINST YOUR POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO
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FIND IT DIFFICULT OR IMPOSSIBLE TO LIQUIDATE A POSITION. THE
PLACEMENT OF CONTINGENT ORDERS BY YOU OR YOUR TRADING ADVISOR, SUCH
AS A "STOP-LOSS" OR "STOP LIMIT" ORDER, WILL NOT NECESSARILY LIMIT
YOUR LOSSES TO THE INTENDED AMOUNTS, SINCE MARKET CONDITIONS MAY
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SOME RESULTS ON
THIS WEBSITE ARE BASED ON BACK TESTING. AS SUCH, THEY ARE
HYPOTHETICAL RESULTS. BACK TESTED PERFORMANCE RESULTS HAVE MANY
INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO
REPRESENTATION IS BEING MADE THAT ANY STOCK TRADING ACCOUNT WILL OR
IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN, IN
FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN BACK TESTED
STOCK TRADING PERFORMANCE RESULTS AND THE ACTUAL RESULTS
SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR STOCK TRADING PROGRAM.
HYPOTHETICAL STOCK TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO
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IMPACT OF FINANCIAL RISK IN ACTUAL STOCK TRADING.
FOR
EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO STICK TO A PARTICULAR
TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH
CAN ALSO ADVERSELY AFFECT ACTUAL STOCK TRADING RESULTS. THERE ARE
NUMEROUS OTHER FACTORS RELATED TO THE STOCK MARKETS IN GENERAL OR TO
THE IMPLEMENTATION OF ANY SPECIFIC STOCK TRADING PROGRAM WHICH CAN
NOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL STOCK
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ACTUAL STOCK TRADING RESULTS.
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