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◆ RISK DISCLOSURES

Futures Trading Risk Disclosure

Trading in futures and options involves substantial risk of loss and is not suitable for every investor. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. The use of leverage can amplify both gains and losses. Past performance is not necessarily indicative of future results. Only risk capital — money that can be lost without affecting one's standard of living — should be used for trading. Investors must fully understand the risks involved prior to engaging in futures trading.

CFTC Hypothetical Performance Disclosure

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 actually been executed, the results may have under-compensated 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 profits or losses similar to those shown. All information on this website is for educational purposes only and is not intended to provide financial advice.