Nothing
written or suggested on these pages, related web-sites,
live charts, real-time trade communicator applet
or in the commentary box should be considered
a trading recommendation.
The eTradernet and EFT Capital web-sites together
with its Real time market entry signal charts
are intended as an educational tool only. It permits
the reader to observe a trading desk's approach
to trading certain products in the financial derivatives
(Forex, Futures and CFD's) markets. Although the
material here is intended to assist traders to
make and possibly improve, their own personal
investment and trading decisions, everything displayed
on these pages remains opinion and is offered
as such, with no guarantees or warranties, implied
or otherwise.
WARNING:
Anyone using any material or displayed function
on this site for actual trading purposes does
so at their OWN RISK, understanding that it may
result in substantial financial losses.
Derivative
margin trading involves a high degree of risk,
and it is not a suitable investment vehicle for
many people. Only risk capital should be used.
Hypothetical
performance results have many inherent limitations,
some of which are described here. No representation
is made that any account will or is likely to
achieve profits or losses similar to those simulated
on the trading charts or commentary dialogs. In
fact, there are often sharp differences between
hypothetical performance results and the actual
results subsequently achieved by any particular
trading or teaching program. One of the limitations
of hypothetical performance results is that they
are generally obtained without financial involvement
or 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 draw-downs or to adhere
to a trading plan in spite of losses is a material
point, which can adversely affect actual trading
results.
Online
Futures, Foreign Currency and Equities trading
is not for everyone. Trading these products and
markets involves substantial risk. Past performance
is also not necessarily indicative of future results.
The
risk of loss in derivative products trading is
substantial. Careful consideration should be given
as to whether such trading is suitable in light
of your financial condition, objectives and temperament.
In considering whether to trade, an investor should
be aware of the following:
A
trader may sustain a total loss of the initial
trading funds and any subsequent funds that he/she
deposited with his/her broker to establish or
maintain a position in the commodities and derivatives
markets. If the market moves against a trader's
position, he/she may be called upon by his/her
broker to deposit a substantial amount of additional
margin funds, on short notice, in order to maintain
a position. If a trader does not provide the required
funds within the prescribed time, his/her position
will or may be liquidated at a loss and he/she
will be liable for any resulting deficit in his
account.
Under
certain market conditions, a trader may find it
difficult or impossible to liquidate a position.
This can occur, for example, when the market makes
a limit move. Placing contingent orders, such
as stop loss or stop limit orders, does not necessarily
limit losses to the intended amounts because market
conditions may make it impossible to execute such
orders. A spread position may not be less risky
than a simple long or short position. The high
degree of leverage that is often attainable in
margin trading can work against an investor as
well as for him/her. The use of leverage can lead
to large losses as well as large gains.
Derivatives
trading is not appropriate for all investors.
Only
risk capital should be used to invest in the commodities
and derivatives markets. You should only invest
what you can afford to lose.
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