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		RISK 
		DISCLOSURE
	
	
		
		
   	     
		
			
			
			Futures, Forex and Stock trading contain substantial risk and are 
			not for every investor. 
			
			
			An 
			investor could potentially lose all or more of the initial 
			investment. 
			
			
			Risk 
			capital is money that can be lost without jeopardizing ones 
			financial security or lifestyle. 
			
			
			Only 
			risk capital should be used for trading 
			
			
			Only 
			those with sufficient risk capital should consider trading. 
			
			
			Past 
			performance is not necessarily indicative of future results. 
			
		
		
   	  
   	 
	


    
 
 
 
 
 
 
 
 

	
		
		
		HYPOTHETICAL PERFORMANCE 
		DISCLOSURE
	
	
		
		
   	     
		
   	    
		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 of 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 which can adversely affect trading results.