Disclosures

The CFTC (Commodities Futures Trading Commission) mandates that you be shown their risk disclosure statements BEFORE you are shown futures trading hypothetical performance results.

Therefore,

Please read the disclosures presented below, then click on ‘I accept’ at the bottom of the page to activate this website.

All performance data shown in this website is hypothetical performance in that it is not the result of actual trading.  Consequently, the following very concise and well written two paragraphs provided by the CFTC are applicable:

 “HYPOTHETICAL PERFORMANCE RESULTS MAY HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.”

”ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY EFFECT ACTUAL TRADING RESULTS.”

The CFTC wants you to be presented a balanced picture of futures trading.  Looking at some futures trading promotional material, you would think that futures trading is a super-charged savings account, where you get a gigantic rate of return with no risk.  That is not the way it is.  The leverage that gives futures trading so much potential can also work against you.  Not only do you have the potential for highly leveraged gains, but you also have the potential for highly leveraged losses.  That is why FUTURES TRADING INVOLVES SIGNIFICANT RISK AND IS NOT SUITABLE FOR EVERYONE.  That is why YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL POSITION BEFORE PARTICIPATING IN FUTURES TRADING.

Another problem area is that some futures trading promotional material basically assures you that because there have been hypothetical or actual trading gains in the past, those gains are certain to continue into the future.  Again, that is not the way it is.  PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE.  Because of this and because of factors such as contained in the next paragraph, ONE SHOULD NOT TRADE WITH MONEY ONE CANNOT AFFORD TO LOSE.

Both common and previously unknown events affecting various aspects of life can and do cause people financial hardship.  Similarly, both common and previously unknown events affecting futures trading can and do cause people financial hardship.  Whereas the consequences of many events, such as bad weather, can be protected somewhat by purchasing insurance, we are not aware of any generally available insurance that provides protection from futures trading losses.  A few examples of events that could cause you financial hardship in futures trading are: Your losses could exceed the amount you deposited with your broker.  Stop loss orders could fail to limit your losses to the specified amount.  Regular stop orders could be executed at prices worse than specified.  Markets could be closed when you expected them to be open.  Overnight price changes could cause you losses.  You could get stuck in a position because of ‘limit’ moves.  The methodology you use to trade futures could fail to produce profits in excess of losses, or could produce only losses. 

We have done our utmost to be 100% accurate in this website, and have used information, test data and calculations we believe to be reliable, but we do not warrant that it is error free and complete.  You should not rely on our information as a substitute for your own judgment and counsel in deciding your role in futures trading.  The trading systems we present in this website are meant for sophisticated traders.  No representation is being made that following our system's trading signals will necessarily lead to profit, or will not lead to loss.  If you do not understand the type and degree of risks associated with futures trading, our trading systems are probably not suitable for your use.  Should you use our trading signals, Advanced Systems, Inc. and its principals accept no liability for any loss incurred from such trading.  Advanced Systems, Inc. and its principles will not be held liable for any direct or consequential damages incurred as a result of your participation in futures trading.

Advanced Systems, Inc. does not provide personalized advice.  We provide only standardized trading signals, not customized for any individual or population segment.  We do not solicit, trade or manage customer money.  Advanced Systems, Inc. and its principles are not registered with the NFA or CFTC.  If we should later also provide personalized advice or solicit, trade or manage customer money, we would need to register beforehand, and would of course do so.