*Past results are hypothetical. The strategies have
been back tested using Trade Station. 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- or over-compensated or the impact, if
any, for 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. Futures, Options, Forex, and stock
trading involve risk and is not for all investors. Past performance
is NOT indicative of future results. Nothing contained herein shall
be construed as an offer to buy, sell, or hold and securities, futures
contracts, and cash foreign exchange currencies. This is intended
for informational and educational purposes only. Trading involves
risk and should be pursued with risk capital only.
