The risk of loss trading commodities, futures, or equities can be substantial. Commodity trading (and all trading in general) has large potential risks in addition to any potential rewards. You must be aware of the risks and be willing to accept them in order to invest in the futures, commodities, or equities markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy or sell commodity, futures, options or equity interests. The use or placement of any stop-loss or stop-limit orders may not limit your losses and you could lose more than your intended amount of money at risk. Past performance of any trading system or methodology is not indicative of future results. Any and all systems, methodologies, or patterns discussed within or in any of the product materials are for illustrative purposes only and are not to be construed as advisory recommendations. Any opinions expressed are intended strictly for education purposes only. 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 actually been executed, the results may have under or overcompensated 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 profits or losses similar to those shown. There are numerous other factors related to the futures and commodity markets in general or to the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
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