UNDER CERTAIN MARKET CONDITIONS, YOU MAY FIND
IT DIFFICULT OR IMPOSSIBLE TO LIQUIDATE A POSITION. THIS CAN
OCCUR, FOR EXAMPLE, WHEN THE MARKET MAKES A "LIMIT MOVE".
THE PLACEMENT OF CONTINGENT ORDERS , SUCH AS
A "STOP-LOSS" OR "STOP-LIMIT" ORDER, WILL NOT NECESSARILY LIMIT
YOUR LOSSES TO THE INTENDED AMOUNTS, SINCE MARKET CONDITIONS MAY
MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS.
A "SPREAD" POSITION MAY NOT BE LESS RISKY
THAN A SIMPLE "LONG" OR "SHORT" POSITION.
THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN
OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST YOU AS WELL AS
FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS
GAINS.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY
INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO
REPRESENTATION IS BEING MADE THAT ANY COMMODITY TRADING ACCOUNT
WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE
SHOWN, IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN
HYPOTHETICAL COMMODITY TRADING PERFORMANCE RESULTS AND THE
ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR COMMODITY
TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL
COMMODITY TRADING PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY
PREPARED THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL
COMMODITY TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO
HYPOTHETICAL COMMODITY TRADING RECORD CAN COMPLETELY ACCOUNT FOR
THE IMPACT OF FINANCIAL RISK IN ACTUAL COMMODITY TRADING. FOR
EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A
PARTICULAR COMMODITY TRADING PROGRAM IN SPITE OF TRADING LOSSES
ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL
COMMODITY TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS
RELATED TO THE COMMODITY MARKETS IN GENERAL OR TO THE
IMPLEMENTATION OF ANY SPECIFIC COMMODITY TRADING PROGRAM WHICH
CAN NOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF
HYPOTHETICAL COMMODITY TRADING PERFORMANCE RESULTS, AND ALL OF
WHICH CAN ADVERSELY AFFECT ACTUAL COMMODITY TRADING RESULTS.
PAST RESULTS
OF THE WINNING EDGE FOREX SYSTEM TRADING PERFORMANCE IS NOT
INDICATIVE OF FUTURE PERFORMANCE.
THE MONTHLY AND COMPOSITE
ANNUAL RESULTS SHOULD BE VIEWED HYPOTHETICALLY.
IN REALITY, THE RESULTS DO
NOT REPRESENT THE TRACK RECORD OF THE METHODOLOGY ORIGINATOR,
STUDENTS, OR SUBSCRIBERS.
THIS ALSO MEANS THERE IS NO GUARANTEE THAT ONE APPLYING
THIS SYSTEM AND METHODOLOGY AND SIGNALS WOULD HAVE THE SAME
RESULTS AS POSTED. SINCE TRADING FOREX, SPOT AND/OR FUTURES,
SUCCESSFULLY, DEPENDS ON MANY ELEMENTS INCLUDING BUT NOT LIMITED
TO A TRADING METHODOLOGY AND TRADER'S OWN PSYCHOLOGY, The
WINNING EDGE FOREX SYSTEM, STRATEGIES COURSES, MANUALS, AND
SIGNALS DO NOT MAKE ANY REPRESENTATION WHATSOEVER THAT ABOVE
MENTIONED TRADING SYSTEM, STRATEGIES, SIGNALS MIGHT BE OR ARE
SUITABLE OR PROFITABLE FOR YOU. NO IMPLICATIONS IS BEING MADE
THAT ANYONE UTILIZING THE WINNING EDGE S&P STRATEGIES HAS OR CAN
OBTAIN SUCH PROFITS AND RESULTS.