Trendchannel - Futures
Trend Trading System |
Risk Disclosure Statement.
Scientific Trading Solutions,
Inc. ( DBA Trendchannel ): Disclaimers, Terms, and
Conditions.
Trendchannel Licensing Agreement, Warranties, and Disclaimers.
Scientific Trading Solutions, Inc. is
registered as a CTA (Commodity Trading Advisor) with the Commodity Futures
Trading Commission (CFTC). The NFA (National Futures Association) can be
contacted for verification of CTA status.
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RISK DISCLOSURE
STATEMENT
THE RISK OF LOSS IN TRADING
COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER
SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IN
CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU
SHOULD BE AWARE OF THE FOLLOWING:
(1) IF YOU PURCHASE A
COMMODITY OPTION, YOU MAY SUSTAIN A TOTAL LOSS OF THE PREMIUM AND OF ALL
TRANSACTION COSTS.
(2) IF YOU PURCHASE OR SELL
A COMMODITY FUTURE OR SELL A COMMODITY OPTION, YOU MAY SUSTAIN A TOTAL LOSS OF
THE INITIAL MARGIN FUNDS AND ANY ADDITIONAL FUNDS THAT YOU DEPOSIT WITH YOUR
BROKER TO ESTABLISH OR MAINTAIN YOUR POSITION. IF THE MARKET MOVES AGAINST YOUR
POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO DEPOSIT A SUBSTANTIAL AMOUNT
OF ADDITIONAL MARGIN FUNDS, ON SHORT NOTICE, IN ORDER TO MAINTAIN YOUR POSITION.
IF YOU DO NOT PROVIDE THE REQUIRED FUNDS WITHIN THE PRESCRIBED TIME, YOUR
POSITION MAY BE LIQUIDATED AT A LOSS, AND YOU WILL BE LIABLE FOR ANY RESULTING
DEFICIT IN YOUR ACCOUNT.
(3) 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."
(4) THE PLACEMENT OF
CONTINGENT ORDERS BY YOU OR YOUR TRADING ADVISOR, 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.
(5) A "SPREAD"
POSITION MAY NOT BE LESS RISKY THAN A SIMPLE "LONG" OR
"SHORT" POSITION.
(6) 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.
IN SOME CASES, MANAGED COMMODITY ACCOUNTS ARE SUBJECT TO SUBSTANTIAL CHARGES FOR
MANAGEMENT AND ADVISORY FEES. IT MAY BE NECESSARY FOR THOSE ACCOUNTS THAT ARE
SUBJECT TO THESE CHARGES TO MAKE SUBSTANTIAL TRADING PROFITS TO AVOID DEPLETION
OR EXHAUSTION OF THEIR ASSETS.
THIS BRIEF STATEMENT CANNOT
DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY MARKETS.
YOU SHOULD THEREFORE CAREFULLY STUDY COMMODITY TRADING BEFORE YOU TRADE.
TRANSACTIONS ON MARKETS
LOCATED OUTSIDE THE UNITED STATES, INCLUDING MARKETS FORMALLY LINKED TO A UNITED
STATES MARKET MAY BE SUBJECT TO REGULATIONS WHICH OFFER DIFFERENT OR DIMINISHED
PROTECTION. FURTHER, UNITED STATES REGULATORY AUTHORITIES MAY BE UNABLE TO
COMPEL THE ENFORCEMENT OF THE RULES OF REGULATORY AUTHORITIES OR MARKETS IN
NON-UNITED STATES JURISDICTIONS WHERE YOUR TRANSACTIONS MAY BE EFFECTED. BEFORE
YOU TRADE YOU SHOULD INQUIRE ABOUT ANY RULES RELEVANT TO YOUR CONTEMPLATED
TRANSACTIONS AND ASK THE FIRM WITH WHICH YOU INTEND TO TRADE FOR DETAILS ABOUT
THE TYPES OF REDRESS AVAILABLE IN BOTH YOUR LOCAL AND OTHER RELEVANT
JURISDICTIONS.
THIS COMMODITY TRADING
ADVISOR IS PROHIBITED BY LAW FROM ACCEPTING FUNDS IN THE TRADING ADVISOR'S NAME
FROM A CLIENT FOR TRADING COMMODITY INTERESTS. YOU MUST PLACE ALL FUNDS FOR
TRADING WITH A FUTURES COMMISSION MERCHANT.
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HYPOTHETICAL
PERFORMANCE RESULTS 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 THE
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 AFFECT ACTUAL TRADING RESULTS.
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Scientific Trading Solutions,
Inc.( dba Trendchannel ): DISCLAIMERS, TERMS AND CONDITIONS
All information provided to customers
is confidential, and is for the exclusive use of Scientific Trading
Solutions, Inc. customers ONLY, not to be reproduced in any form. The customer
agrees not to alter the presentation, reproduce, retransmit, disseminate, sell,
distribute, publish, broadcast, circulate or commercially exploit the
information in any manner without the express written consent of Scientific
Trading Solutions, Inc.; nor to use the information for any unlawful purpose.
Rights of reproduction and distribution are reserved to the publisher.
Scientific Trading Solutions,
Inc. furnishes information without responsibility for accuracy,
completeness, or timeliness and it is accepted by the customer on the
condition that error in transmission or omissions, completeness, or timeliness
shall not be made the basis for any claim, demand, or cause for action against Scientific
Trading Solutions, Inc.. Scientific Trading Solutions, Inc. believes its data
and text to be reliable, but are not warranted or guaranteed.
Scientific Trading Solutions,
Inc. reports and accompanying written materials (including instructions for use)
are provided "as is" without warranty of any kind. Further, Scientific
Trading Solutions, Inc. does not warrant, guarantee, or make any representations
regarding the use, or the results of the use of the Trading System, or
written materials in terms of correctness, accuracy, reliability, or otherwise.
The entire risk as to the results and performance of the Trading System are
assumed by the customer. Scientific Trading Solutions, Inc. assumes no
responsibility for warranties, either express or implied, including without
limitation warranty of merchantability and fitness for a particular purpose. No
oral or written information or advice given by Scientific Trading Solutions,
Inc., its representatives, agents, or employees shall create a warranty or in
any way increase the copy of this warranty, and you may not rely on such
information or advice.
Scientific Trading Solutions, Inc.'s entire liability and customer’s exclusive
remedy for damages due to performance or non-performance of the Trading
System, Scientific Trading Solutions, Inc., or any other cause whatsoever, and
regardless of the form of action, whether in contract or in tort, including
negligence, shall be limited to replacement of the Trading System.
Scientific Trading Solutions, Inc. shall not be liable to customer, or any third
party for any direct, indirect, special consequential, or incidental damages
(including damages for loss of business profits, business interruption, loss of
business information, and the like) arising out of the use of or inability to
use the Trading System even if Scientific Trading Solutions, Inc. has been
advised of the possibility of such damages.
The CFTC does not allow
informational CTA’s to recommend brokers. Accordingly, Scientific Trading
Solutions, Inc. does not recommend brokers; do not track brokers performance;
and do not warrant the performance or continuation of service of brokers.
Scientific Trading Solutions, Inc. may provide system assist brokers with the
Trendchannel Trading System so that trading signals can be generated for customers.
The FuturesTradingSystems.com and
the Trendchannel.com web sites, the Trendchannel Trading System, the Trendchannel Trading Guide, and the Trendchannel Trading
Manuals are provided for
informational purposes only and Scientific Trading Solutions, Inc. assumes no
liability for its use. Futures trading may not be suitable for all recipients of
this information.
Scientific Trading Solutions,
Inc. does not give individual investment advice or advocate the purchase or sale
of any security or investment. Nothing herein should be construed as an offer to
buy or sell securities or to give individual investment advice.
Scientific
Trading Solutions, Inc., its officers, and employees may trade stocks
and futures with
the Trading System.
No "safe" trading
system has ever been devised and no one can guarantee profits or freedom from
loss, or guarantee to limit the extent of any loss. Certain market conditions
may make it difficult or impossible to limit losses to the amount intended.
The suggested Trendchannel Portfolios are subject to
revision in the future without notice based on changes in margin
requirements, trading volume, volatility, correlation, or other possible considerations. The
suggested margin to equity ratios and size of position are general guidelines for the
aggressive investor or trader. You must evaluate your own financial situation
and risk tolerance to determine what is suitable for you.
Futures
trading involves substantial risk of loss and may not be suitable for all
investors.
PLEASE NOTE: RETURNS ON INDIVIDUAL ACCOUNTS MAY VARY AND NO
REPRESENTATION IS BEING MADE THAT YOU WILL ACHIEVE THESE OR COMPARABLE RESULTS
IN THE FUTURE. THE RISK OF LOSS IN TRADING FUTURES CAN BE SUBSTANTIAL. YOU
SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN
LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN
OBTAINABLE IN FUTURES TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE
OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.
PAST
PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
FuturesTradingSystems.com and
the Trendchannel.com web sites may
point to other sites that may be of interest to the site visitor but for which
Scientific Trading Solutions, Inc. has no responsibility and only provides this
as a service to the site visitor.
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To Return to the Trendchannel Home Page, click:
Trendchannel.com
Scientific Trading Solutions, Inc. (DBA Trendchannel) is registered as a CTA (Commodity Trading
Advisor) with the Commodity Futures
Trading Commission (CFTC). The NFA (National Futures Association) can be
contacted for verification of CTA status. Futures Trading Systems: http://www.futurestradingsystems.com
Copyright ©
1999-2008 Scientific Trading Solutions, Inc.
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