Before you make any investment or trading decisions, it is very important that you inform yourself carefully about the opportunities and risk. This includes not only the financial aspects but also legal and fiscal ones. Please note that historical performance of a currency trading system or Forex trading strategy cannot be 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.
THE RISK OF LOSS IN TRADING FOREIGN EXCHANGE (FOREX) 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 FOREX TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.
Source for CFTC Rule 4.41: http://www.cftc.gov
Currency trading offers amazing profit potential, but includes also large risk potential. Therefore, currency trading on margin is may not be suitable for all individuals. The high leverage offered in the currency market can work against you as well as for you.
Before you get started with trading in the foreign exchange market you should consider your investment goals, objectives, trading experience and your personal risk appetite. You should be also aware of the existing possibility that you could lose some or in the worst case, all of your equity. For this reason, we recommend that you invest only funds you can afford to lose. Only discreteionary money should be used for currency trading. Make yourself aware of all possibly risks associated with trading currencies on margin. If you have any questions or concerns you should contact an independent financial advisor.
By using our materials and Forex trading strategies you agree to hold Prof FX and everybody who is involved in the production, development, distribution free of any responsibility. Any live trading you do, you are doing at your own discreteion and risk.