Disclaimer: Neither Scott Cole nor Kungfutrader.com are registered investment advisors or Commodity Trading Advisors. All information and opinions expressed in this website and materials associated with the website are strictly for informational purposes only. We provide educational services for active traders. You accept all liability resulting from your trading decisions. Active trading is a speculative, high risk activity. No offers to buy nor sell any security are being made on this site. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. ACTIVE TRADING involves high risks and YOU can LOSE a lot of money. No overall nor specific performance nor profitability claims of any kind are being made, nor should be inferred. Customers and site visitors assume all risk and liability associated with trading decisions and hereby hold Kungfutrader.com, it's officers and assigns free of any liability of any kind as a result of using this site. Traders agree to not make actual trades based on the information contained herein, since all content is for educational/informational use only, and is not to be construed as trading recommendations nor advice. No individual advice nor trading management services of any kind are provided, therefore no member nor subscriber should assume that their participation in the services provided herein serves, nor is suitable as, a substitute for ongoing individual personalized investment advice from an investment professional chosen by the member/subscriber. Kungfutrader.com is designed as advanced educational publications for active traders.
THERE IS RISK OF LOSS IN ALL TRADING!
This site has been prepared solely for information purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The information presented in this site is for general information purposes only. Although every attempt has been made to assure accuracy, we assume no responsibility for errors or omissions. Examples are provided for illustrative purposes only and should not be construed as investment advice or strategy. The information presented herein has not been designed to meet the rigorous standards set by the Commodity Futures Trading Commission for disclosure statements concerning the risks involved in trading futures or options on futures. Your broker must provide that disclosure statement to you.
This web site is the personal opinion of Kungfutrader.com. The opinions expressed to the subscribers of Kungfutrader.com are not recommendations but are based on hypothetical observations. There are many potential uses for our daily signals and a broker can help you examine those uses that are best suited for you. The past behavior may not be consistent with future performance. You should be prepared for this as the risk of losing more than you invest in the stocks, commodities or futures you are considering. Again please consult you broker regarding this matter.
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 ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY OR ACTUAL TIMING OF EXECUTIONS. 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.
There have been no promises, guarantees or warranties suggesting that any trading will result in a profit or will not result in a loss. Results can and will vary between individuals. The customer is responsible for using good judgment when trading. All historical performance trading system results are not achievable in real trading because slippage and the psychological factors of a trader cannot be accurately accounted for. The records presented here are representative of hypothetical trading results of our trading strategies. Reasonable slippage, commission, individual emotions, levels of discipline and self-control need to apply independently to estimate the actual trading results. All trading involves high risk; past performance is not necessarily indicative of future results.
Commission Rule 4.41(c)(1) applies to "any publication, distribution or broadcast of any report, letter, circular, memorandum, publication, writing, advertisement or other literature..."
Commission Rule 4.41(b) prohibits any person from presenting the performance of any simulated or hypothetical futures account or futures interest of a CTA, unless a disclosure statement accompanies the presentation. The statement describes the limitations of simulated or hypothetical futures trading as a guide to the performance that a CTA is likely to achieve in actual trading.
Commission Rule 4.41(b)(1)(i) 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 actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity and/ or timing of an actual execution. 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.