IMPORTANT DISCLAIMER

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YOU SHOULD SEEK YOUR OWN PROFESSIONAL ADVICE from someone who is familiar with your personal circumstances, your investment/trading needs and risk profile BEFORE trading, investing or otherwise applying any of the Information. All Information is for educational and general informational purposes only and you understand that this Information is NOT specific trading recommendations or an offer or a solicitation to buy or sell commodities, futures, foreign exchange or any securities. All Correspondence of any kind including public or private conversations, phone, mail, fax, messages, letters or e-mail between Members of WITS or anyone affiliated with this correspondence are covered by these disclaimers. Any factual Information, data, charts, spreadsheets or software, whether provided by WITS or a Member of WITS, may not necessarily be all-inclusive or complete and are not guaranteed as to their accuracy or timeliness. Nothing should be construed as representations of any kind. Members include owners and moderators of WITS and any other persons approved by the moderators such as guest speakers at seminars, webinars or courses.

USA GOVERNMENT REQUIRED DISCLAIMERS

ALL DISCUSSIONS, CORRESPONDENCE AND INFORMATION HAVE BEEN PREPARED SOLELY FOR GENERAL INFORMATIONAL AND EDUCATIONAL PURPOSES AND ARE NOT AN OFFER TO BUY OR SELL, OR A SOLICITATION OF AN OFFER TO BUY OR SELL, THE SECURITIES OR FINANCIAL PRODUCTS MENTIONED IN THE CONTENT; NOR A RECOMMENDATION TO PARTICIPATE IN ANY PARTICULAR TRADING STRATEGY. PLEASE CONSULT YOUR BROKER OR OTHER PROFESSIONAL ADVISORS FOR TRADING ADVICE. ALL TRADING REQUIRES RISKING MONEY IN PURSUIT OF FUTURE GAIN. DO NOT RISK MONEY YOU CANNOT AFFORD TO LOSE. ALL FORECASTING IS BASED ON THE STATISTICS OF PAST PERFORMANCE; PAST PERFORMANCE IS NO GUARANTEE OF FUTURE PERFORMANCE. MEMBERS, PRESENTERS AND MODERATORS ARE NOT BROKERS OR LICENSED INVESTMENT ADVISERS AND THEREFORE ARE NOT LICENSED TO GIVE TRADING ADVICE OF ANY SORT NOR MAKE SPECIFIC TRADING RECOMMENDATIONS. CFTC RULE 4.41: 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 BEEN ACTUALLY 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 PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.