|
RISK DISCLOSURE:
Before deciding to participate in Forex trading, you should carefully consider your investment objectives, level of experience and risk appetite. There is a significant learning curve to trading successfully in Forex. Most importantly, do not invest money you cannot afford to lose. Forex investing is not ideally suited for investment of retirement (IRA) accounts. There is considerable exposure to risk in any foreign exchange transaction. The market remains open 24 hours a day for 5 ½ days. This means that unexpected events may affect your investment while you are resting. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price, spread, or liquidity of a currency. The most enticing aspect of trading currencies is the high degree of leverage used. Leverage seems very attractive to those who are expecting to turn small amounts of money into large amounts in a short period of time. However, a high leverage refers to the speed at which an account gains or loses money. One cannot hope to make extraordinary gains without taking extraordinary risks. There also additional risks that affect your Forex investments, such as, but not limited to: losing internet connectivity for various reasons (your machine, your ISP provider, ISP provider), computer or server malfunction, software upgrade disruptions, and inappropriate usage of trading tools. As a result, prudent investors should be prepared for unexpected contingencies by implementing appropriate procedures such as having: multiple computers setup for trading, multiple ISP providers., In addition, investors should always gradually upgrade their operations by starting with a demo testing period, followed by setting up a mini account, and upgrading to a live account if all tests are working to plan.
TRADING PERFORMANCE DISCLOSURE
Past results are not indicative of future results. Hypothetical performance on demo accounts or historical performance on live accounts have inherent limitations, such as not being able to accurately predict the impact of unforeseen market-moving events. Any indication provided by a forex fund manager is not a guarantee of performance. Any guarantee of profit or future return is illegal. It is the responsibility of the investor to assess the qualifications of the money manager prior to signing the limited power of attorney (LPOA) granting him the ability to trade and to charge commissions. It is also the responsibility of the client to monitor trading activity through daily reports.
|