U.S. GOVERNMENT REQUIRED DISCLAIMER - COMMODITY FUTURES TRADING COMMISSION FUTURES AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS. DON'T TRADE WITH MONEY YOU CAN'T AFFORD TO LOSE. THIS IS NEITHER A SOLICITATION NOR AN OFFER TO BUY/SELL FUTURES, STOCKS OR OPTIONSON THE SAME. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ON THIS WEBSITE. THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOTNECESSARILY INDICATIVE OF FUTURE RESULTS.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS.UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-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 PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

THERE IS A VERY HIGH DEGREE OF RISK INVOLVED IN TRADING. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RETURNS. EF PRO TRADING AND ALL INDIVIDUALS AFFILIATED WITH THIS SITE ASSUME NO RESPONSIBILITIES FOR YOUR TRADING AND INVESTMENT RESULTS. THE INDICATORS, STRATEGIES, COLUMNS, ARTICLES AND ALL OTHER FEATURES ARE FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE. INFORMATION FOR FUTURES TRADING OBSERVATIONS ARE OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE, BUT WE DO NOT WARRANT ITS COMPLETENESS OR ACCURACY, OR WARRANT ANY RESULTS FROM THE USE OF THE INFORMATION. YOUR USE OF THE FUTURES TRADING OBSERVATIONS IS ENTIRELY AT YOUR OWN RISK AND IT IS YOUR SOLE RESPONSIBILITY TO EVALUATE THE ACCURACY, COMPLETENESS AND USEFULNESS OF THE INFORMATION. YOU MUST ASSESS THE RISK OF ANY TRADE WITH YOUR BROKER AND MAKE YOUR OWN INDEPENDENT DECISIONS REGARDING ANY SECURITIES MENTIONED HEREIN. AFFILIATES OF EF PRO TRADING MAY HAVE A POSITION OR EFFECT TRANSACTIONS IN THE SECURITIES DESCRIBED HEREIN (OR OPTIONS THEREON) AND/OR OTHERWISE EMPLOY TRADING STRATEGIES THAT MAY BE CONSISTENT OR INCONSISTENT WITH THE PROVIDED STRATEGIES.

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