All information in this document is for educational purposes only and nothing here should be considered personalized financial or investment advice. It is not to encourage you to follow our lead. If you follow our lead, you do so at your own risk. In any case you should only trade in a simulation account, or with funds you can afford to lose. Futures, FOREX, and Stocks trading is not appropriate for all traders. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or prevent losses. No representation or implication is being made that using the systems or signals described in this document will generate returns or ensure against losses. We do not and cannot give individual investment advice. We do not and cannot manage funds. We are simply developers of trading systems and portfolios mainly for our own use. Please note that since we trade for a living, we may have open trades in any one of our systems. We do not recommend or endorse any brokers, dealers, or advisers. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Thank you for being on our list. To opt-out just let us know.

U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options 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 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 or options. 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.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT 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.