DARMA CAPITAL (“DARMA”) IS A MEMBER OF THE NFA AND IS SUBJECT TO THE NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, THE NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS, NOR HAS THE COMMISSION PASSED ON THE ADEQUACY OR ACCURACY OF THIS MARKETING PRESENTATION.
BY ENTERING THE DARMA CAPITAL, LP (“DARMA”) WEBSITE, YOU ACKNOWLEDGE YOUR AGREEMENT WITH AND UNDERSTANDING OF THE FOLLOWING TERMS OF USE PERTAINING TO THIS SITE INCLUDING ALL MATERIAL ON IT.
THIS TERMS OF USE STATEMENT SETS FORTH THE TERMS OF USE GOVERNING THIS WEBSITE (THIS "WEBSITE") FOR DARMA. THIS TERMS OF USE STATEMENT SETS OUT YOUR OBLIGATIONS AND OURS WITH RESPECT TO YOUR USE OF THIS WEBSITE AND, BY USING THIS WEBSITE, YOU AGREE TO ABIDE BY THE TERMS OF THIS TERMS OF USE STATEMENT WITHOUT LIMITATION OR QUALIFICATION. IF YOU DO NOT AGREE TO THESE TERMS AND CONDITIONS OF USE, YOU DO NOT HAVE OUR CONSENT AND SHOULD EXIT THIS WEBSITE IMMEDIATELY. DARMA RESERVES THE RIGHT, AT OUR DISCRETION, TO CHANGE, MODIFY, ADD OR REMOVE PORTIONS OF THESE TERMS AT ANY TIME. THEREFORE, WE SUGGEST THAT YOU REVIEW THESE TERMS PERIODICALLY FOR CHANGES. BY USING OUR WEBSITE AFTER WE HAVE POSTED CHANGES TO THESE TERMS AND CONDITIONS OF USE, YOU ARE AGREEING TO BE BOUND BY THESE TERMS AS AMENDED.
BY USING THIS WEBSITE, YOU CONSENT TO OUR USING ANY INFORMATION THAT YOU PROVIDE TO US OR THAT WE COLLECT, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THIS TERMS OF USE STATEMENT.
BY USING THIS WEBSITE, YOU CONSENT TO OUR USING ANY INFORMATION THAT YOU PROVIDE TO US OR THAT WE COLLECT, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THIS TERMS OF USE STATEMENT.
THE CONFIDENTIAL MATERIALS CONTAINED ON AND THROUGH THIS WEBSITE ARE INTENDED ONLY FOR FINANCIALLY SOPHISTICATED INVESTORS WHO HAVE BEEN GIVEN ACCESS TO SUCH INFORMATION AND ARE FOR THEIR PRIVATE USE. THE MATERIAL CONTAINED ON OR THROUGH THIS WEBSITE ARE PROVIDED TO YOU FOR INFORMATIONAL PURPOSES ONLY AND ARE NOT INTENDED TO, AND SHOULD NOT BE USED OR CONSIDERED TO, CONSTITUTE AN OFFER, RECOMMENDATION OR SOLICITATION TO SELL OR AN OFFER, RECOMMENDATION OR SOLICITATION TO BUY OR SUBSCRIBE TO ANY FINANCIAL INSTRUMENTS, INVESTMENT MANAGEMENT OR ADVISORY SERVICES, OR ANY INTERESTS IN ANY INVESTMENT FUND OR OTHER ENTITY MANAGED DIRECTLY OR INDIRECTLY BY DARMA WHETHER OR NOT DESCRIBED HEREIN. DARMA’S INVESTMENT FUNDS RELY ON PRIVATE PLACEMENT EXEMPTIONS TO REGISTRATION UNDER THE SECURITIES ACT OF 1933 (AND THE SECURITIES LAWS OF APPLICABLE STATES) AND HAVE NOT BEEN REGISTERED AS INVESTMENT COMPANIES UNDER THE INVESTMENT COMPANY ACT OF 1940.
DARMA PROVIDES NO ADVICE OR RECOMMENDATIONS WITH RESPECT TO THE USE OF THIS WEBSITE, AND THE INFORMATION AND CONTENT CONTAINED HEREIN DO NOT CONSTITUTE A RECOMMENDATION OR SOLICITATION TO PURCHASE OR SELL ANY SECURITY OR MAKE ANY TYPE OF INVESTMENT OR FINANCIAL DECISION, NOR DO THE CONTENTS OF THIS WEBSITE CONSTITUTE LEGAL, TAX, OR ACCOUNTING ADVICE OR ADVICE REGARDING THE SUITABILITY OR PROFITABILITY OF ANY TRANSACTION OR INVESTMENT.
NO MATERIAL FROM THIS WEBSITE MAY BE COPIED, REPRODUCED, REPUBLISHED, UPLOADED, POSTED, TRANSMITTED OR DISTRIBUTED IN ANY WAY YOU MAY NOT DISTRIBUTE, MODIFY, TRANSMIT, REUSE, REPOST, OR USE THE CONTENT OF THIS WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY TEXT, IMAGES, AUDIO AND VIDEO, FOR PUBLIC OR COMMERCIAL PURPOSES WITHOUT DARMA’S PRIOR WRITTEN PERMISSION. DARMA WILL NOT TREAT USERS OF THIS WEBSITE AS ITS CLIENTS BY VIRTUE OF THEIR ACCESSING THIS WEBSITE
ALL TEXT, IMAGES, GRAPHICS, SOUNDS AND SOFTWARE CODE ("CONTENT") ON THIS WEBSITE ARE COPYRIGHTED PROPERTY OF DARMA AND/OR ITS AFFILIATES. THEY MAY ONLY BE USED FOR THE PERSONAL EDUCATION OF VISITORS TO THIS WEBSITE AND THEY MAY NOT BE PLACED IN THE PUBLIC DOMAIN. YOU MAY NOT REPRODUCE, REDISTRIBUTE, PUBLISH OR OTHERWISE USE BY ELECTRONIC OR ANY OTHER MEANS ANY OF THE CONTENT WITHOUT DARMA’S PRIOR WRITTEN PERMISSION.
DARMA’S LOGO AND OTHER MARKS INDICATED ON THIS WEBSITE ARE SERVICE MARKS OF DARMA AND/OR ITS AFFILIATES. THEY MAY NOT BE USED OR DISPLAYED WITHOUT THE PRIOR WRITTEN CONSENT OF DARMA. ALL OTHER TRADEMARKS, SERVICE MARKS AND COMPANY NAMES AND LOGOS APPEARING ON THIS WEBSITE ARE THE PROPERTY OF THEIR RESPECTIVE OWNERS.
GIVEN THE GLOBAL NATURE OF THE INTERNET, THIS WEBSITE MAY BE ACCESSED BY VISITORS RESIDING OUTSIDE OF THE UNITED STATES. WE MAKE NO REPRESENTATIONS OR WARRANTIES THAT THIS WEBSITE IS APPROPRIATE OR AVAILABLE FOR USE IN COUNTRIES OUTSIDE OF THE UNITED STATES. VISITORS WHO CHOOSE TO ACCESS THIS WEBSITE FROM OUTSIDE OF THE UNITED STATES DO SO AT THEIR OWN INITIATIVE AND ARE RESPONSIBLE FOR COMPLIANCE WITH ANY AND ALL LOCAL LAWS AND REGULATIONS THAT MAY APPLY TO SUCH ACCESS.
YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT:
DARMA AND ITS AFFILIATES, OFFICERS, AGENTS, PARTNERS AND EMPLOYEES SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES, RESULTING FROM THE USE OR THE INABILITY TO USE THIS WEBSITE AND SERVICES OR RESULTING FROM ANY INFORMATION OR SERVICES OBTAINED OR MESSAGES RECEIVED OR TRANSACTIONS ENTERED INTO THROUGH THIS WEBSITE OR RESULTING FROM UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS OF DATA, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, USE, DATA OR OTHER INTANGIBLE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
BECAUSE SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, IN SUCH STATES LIABILITY IS LIMITED TO THE FULLEST EXTENT PERMITTED BY LAW.
IF YOU ARE DISSATISFIED WITH ANY PORTION OF THE SITE, OR WITH ANY OF THESE TERMS OF USE, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THIS SITE.
THIS WEBSITE MAY CONTAIN LINKS TO OTHER SITES NOT SUPPORTED BY DARMA. SUCH LINKS ARE PROVIDED AS A CONVENIENCE TO THE USER. THE INCLUSION OF ANY LINK DOES NOT CONSTITUTE AN ENDORSEMENT, AUTHORIZATION, SPONSORSHIP, AFFILIATION OR MONITORING BY DARMA WITH RESPECT TO SUCH LINKED SITE OR ITS OWNERS. DARMA HAS NOT VERIFIED THE ACCURACY OR COMPLETENESS OF ANY INFORMATION IN SUCH LINKED SITES, AND MAKES NO REPRESENTATIONS AS TO THE INFORMATION CONTAINED THEREIN. ACCESSING ANY LINKED SITES IS AT THE USER’S OWN RISK. THE USER SHOULD REVIEW THE APPLICABLE TERMS OF USE AND PRIVACY POLICIES IN CONNECTION WITH THEIR USE OF SUCH THIRD PARTY SITES.
THE INFORMATION SET FORTH HEREIN HAS BEEN OBTAINED OR DERIVED FROM SOURCES BELIEVED BY DARMA TO BE RELIABLE. HOWEVER, DARMA DOES NOT MAKE ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE INFORMATION’S ACCURACY OR COMPLETENESS, NOR DOES DARMA RECOMMEND THAT THE ATTACHED INFORMATION SERVE AS THE BASIS OF ANY INVESTMENT DECISION. ANY RELIANCE ON THE INFORMATION PROVIDED HEREIN IS SOLELY AT THE USER’S OWN RISK. OPINIONS AND ANY OTHER CONTENTS AT THIS SITE ARE SUBJECT TO CHANGE WITHOUT NOTICE.
THIS TERMS OF USE STATEMENT WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY PRINCIPLES OF CONFLICTS OF LAW. YOU AGREE THAT ANY ACTION AT LAW OR IN EQUITY THAT ARISES OUT OF OR RELATES TO ANY USE OF THIS WEBSITE WILL BE FILED ONLY IN THE STATE OR FEDERAL COURTS LOCATED IN NEW YORK COUNTY AND YOU HEREBY CONSENT AND SUBMIT TO THE PERSONAL JURISDICTION OF SUCH COURTS FOR THE PURPOSES OF LITIGATING ANY SUCH ACTION.
DARMA TAKES PRECAUTIONS TO MAINTAIN THE PRIVACY OF NONPUBLIC PERSONAL INFORMATION CONCERNING ITS CURRENT AND PROSPECTIVE INVESTORS IN ITS PRIVATE INVESTMENT VEHICLES. THESE PRECAUTIONS INCLUDE THE ADOPTION OF CERTAIN PROCEDURES DESIGNED TO MAINTAIN AND SECURE SUCH INVESTORS’ NONPUBLIC PERSONAL INFORMATION FROM INAPPROPRIATE DISCLOSURE TO THIRD PARTIES. FEDERAL REGULATIONS REQUIRE DARMA TO INFORM ITS NEW INVESTORS OF THIS PRIVACY POLICY PRIOR TO ANY INVESTMENT MANAGEMENT AGREEMENT BEING SIGNED AS WELL AS ON AN ANNUAL BASIS TO ALL EXISTING CLIENTS AND INVESTORS.
IN CONNECTION WITH PROVIDING INVESTMENT MANAGEMENT SERVICES, DARMA MAY COLLECT NONPUBLIC PERSONAL INFORMATION ABOUT ITS INVESTORS FROM THE FOLLOWING SOURCES:
DARMA DOES NOT DISCLOSE ANY NONPUBLIC PERSONAL INFORMATION ABOUT ITS PROSPECTIVE, EXISTING OR FORMER INVESTORS TO ANYONE, EXCEPT AS PERMITTED BY APPLICABLE LAW AND REGULATION.
DARMA RESTRICTS ACCESS TO NONPUBLIC PERSONAL INFORMATION ABOUT ITS INVESTORS TO THOSE EMPLOYEES AND AGENTS OF THE DARMA WHO NEED TO KNOW THAT INFORMATION IN ORDER TO PROVIDE SERVICES TO ITS INVESTORS. DARMA MAY DISCLOSE SUCH INFORMATION TO ITS AFFILIATES AND TO SERVICE PROVIDERS AND FINANCIAL INSTITUTIONS THAT PROVIDE SERVICES TO DARMA AND ITS PRIVATE INVESTMENT VEHICLES. DARMA WILL REQUIRE SUCH THIRD PARTY SERVICE PROVIDERS AND FINANCIAL INSTITUTIONS TO PROTECT THE CONFIDENTIALITY OF INVESTORS’ NONPUBLIC PERSONAL INFORMATION AND TO USE THE INFORMATION ONLY FOR PURPOSES FOR WHICH IT IS DISCLOSED TO THEM. DARMA MAINTAINS PHYSICAL, ELECTRONIC AND PROCEDURAL SAFEGUARDS THAT COMPLY WITH FEDERAL STANDARDS TO SAFEGUARD INVESTORS’ NONPUBLIC PERSONAL INFORMATION AND WHICH DARMA BELIEVES ARE ADEQUATE TO PREVENT UNAUTHORIZED DISCLOSURE OF SUCH INFORMATION.
ANY REPRODUCTION OR DISTRIBUTION OF THESE MARKETING MATERIALS, AS A WHOLE OR IN PART, OR THE DISCLOSURE OF THE CONTENTS HEREOF, WITHOUT THE PRIOR WRITTEN CONSENT OF DARMA, LLC (“DARMA”), IS PROHIBITED. ALL COPIES OF THESE MARKETING MATERIALS, INCLUDING ELECTRONIC COPIES, MUST BE DELETED OR DESTROYED UPON REQUEST OF DARMA. THE INFORMATION HEREIN MAY NOT BE USED TO TRADE OR TRANSACT IN INVESTMENTS OF ANY CURRENT OR FUTURE DARMA FUNDS (“FUNDS” OR “POOLS”).
THIS WEBSITE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES. ANY SUCH OFFER OR SOLICITATION WILL BE MADE ONLY BY MEANS OF THE APPROPRIATE CONFIDENTIAL OFFERING DOCUMENTS THAT WILL BE FURNISHED TO PROSPECTIVE INVESTORS. BEFORE MAKING AN INVESTMENT DECISION, INVESTORS ARE ADVISED TO REVIEW CAREFULLY THE APPROPRIATE CONFIDENTIAL OFFERING DOCUMENTS INCLUDING THE RELATED SUBSCRIPTION DOCUMENTS, AND TO CONSULT WITH THEIR TAX, FINANCIAL AND LEGAL ADVISORS. NO REPRESENTATION IS MADE AS TO THE TAX CONSEQUENCES OF THE OPERATIONS OF THE FUNDS. THIS MARKETING PRESENTATION CONTAINS A DEPICTION OF THE ACTIVITIES OF DARMA, LLC, WHICH IS SUBJECT TO FURTHER AMENDMENT OR MODIFICATION.
DARMA IS A MEMBER OF THE NFA AND IS SUBJECT TO THE NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, THE NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS, NOR HAS THE COMMISSION PASSED ON THE ADEQUACY OR ACCURACY OF THIS MARKETING PRESENTATION.
POTENTIAL INVESTORS SHOULD CAREFULLY CONSIDER WHETHER THEIR FINANCIAL CONDITION PERMITS THEM TO PARTICIPATE IN COMMODITY INTERESTS OR A COMMODITY POOL. IN SO DOING, INVESTORS SHOULD BE AWARE THAT COMMODITY INTEREST TRADING CAN QUICKLY LEAD TO LARGE LOSSES AS WELL AS GAINS. SUCH TRADING LOSSES CAN SHARPLY REDUCE THE NET ASSET VALUE OF THE POOL AND CONSEQUENTLY THE VALUE OF THEIR INTEREST IN THE POOL. IN ADDITION, RESTRICTIONS ON REDEMPTIONS MAY AFFECT INVESTORS’ ABILITY TO WITHDRAW THEIR PARTICIPATION IN THE POOL.
BY PURCHASING OR SELLING A COMMODITY OPTION, THE FUNDS MAY SUSTAIN A TOTAL LOSS OF THE INITIAL MARGIN FUNDS OR SECURITY DEPOSIT AND ANY ADDITIONAL FUNDS THAT ARE DEPOSITED WITH A BROKER TO ESTABLISH OR MAINTAIN A POSITION. IF THE MARKET MOVES AGAINST A POSITION, DARMA MAY BE CALLED UPON BY THE FUNDS’ BROKER TO DEPOSIT A SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN FUNDS, ON SHORT NOTICE, IN ORDER TO MAINTAIN A POSITION. IF DARMA DOES NOT PROVIDE THE REQUESTED FUNDS WITHIN THE PRESCRIBED TIME, THE POSITION MAY BE LIQUIDATED AT A LOSS, AND THE FUNDS WILL BE LIABLE FOR ANY RESULTING DEFICIT.
IN SOME CASES, COMMODITY POOLS MAY BE SUBJECT TO SUBSTANTIAL CHARGES FOR MANAGEMENT, AND ADVISORY AND BROKERAGE FEES. IT MAY BE NECESSARY FOR THOSE POOLS THAT ARE SUBJECT TO THESE CHARGES TO MAKE SUBSTANTIAL TRADING PROFITS TO AVOID DEPLETION OR EXHAUSTION OF THEIR ASSETS.
ALSO, BEFORE POTENTIAL INVESTORS DECIDE TO PARTICIPATE IN THIS POOL, IT SHOULD BE NOTED THAT THE POTENTIAL LIABILITY AS PARTICIPANTS IN THIS POOL FOR TRADING LOSSES AND OTHER EXPENSES OF THE POOL IS NOT LIMITED TO THE AMOUNT OF CONTRIBUTION FOR THE PURCHASE OF AN INTEREST IN THE POOL AND ANY PROFITS EARNED THEREON.
DEPENDING ON CONDITIONS AND TRENDS IN RELATED MARKETS, AND THE ECONOMY GENERALLY, DARMA MAY PURSUE OTHER OBJECTIVES OR EMPLOY OTHER TECHNIQUES IT CONSIDERS APPROPRIATE AND IN THE BEST INTEREST OF THE FUNDS.
AN INVESTMENT IN DARMA MAY NOT BE SUITABLE FOR ALL INVESTORS. AN INVESTMENT IN DARMA WILL BE SUITABLE ONLY FOR CERTAIN FINANCIALLY SOPHISTICATED INVESTORS WHO MEET CERTAIN ELIGIBILITY REQUIREMENTS, HAVE NO NEED FOR IMMEDIATE LIQUIDITY IN THEIR INVESTMENT, AND CAN BEAR THE RISK OF AN INVESTMENT IN DARMA FOR AN EXTENDED PERIOD OF TIME. INVESTING IN THE FINANCIAL MARKETS INVOLVES A SUBSTANTIAL DEGREE OF RISK. NO INVESTMENT STRATEGY OR RISK MANAGEMENT TECHNIQUE CAN GUARANTEE RETURNS OR ELIMINATE RISK IN ANY MARKET ENVIRONMENT.
THERE CAN BE NO ASSURANCE THAT THE INVESTMENT OBJECTIVES DESCRIBED HEREIN WILL BE ACHIEVED. NO GUARANTEE OR REPRESENTATION IS MADE THAT DARMA’S INVESTMENT STRATEGY, INCLUDING, WITHOUT LIMITATION, ITS INVESTMENT OBJECTIVES, DIVERSIFICATION METHODS, OR RISK MANAGEMENT PROGRAM, WILL BE SUCCESSFUL, AND INVESTMENT RESULTS MAY VARY SUBSTANTIALLY OVER TIME.
THESE MATERIALS CONTAIN CERTAIN FORWARD-LOOKING STATEMENTS WHICH CONSTITUTE DARMA’S VIEWS WITH RESPECT TO FUTURE EVENTS. THE STATEMENTS ARE MADE BASED UPON SUCH VIEWS AS THEY EXIST AS OF THE DATE OF THESE MATERIALS. THERE IS NO ASSURANCE THAT SUCH VIEWS ARE CORRECT OR WILL PROVE, WITH THE PASSAGE OF TIME, TO BE CORRECT. ACTUAL EVENTS, RESULTS OR PERFORMANCE MAY DIFFER MATERIALLY FROM THOSE REFLECTED OR CONTEMPLATED BY SUCH FORWARD-LOOKING STATEMENTS AS A RESULT OF FACTORS BEYOND DARMA’S CONTROL. DARMA DOES NOT REPRESENT THAT ANY SUCH INDEX IS AN APPROPRIATE BENCHMARK, AS THE VOLATILITY AND COMPOSITION OF THESE INDEXES MAY DIFFER MATERIALLY FROM THE FUNDS MANAGED BY DARMA.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER FACTORS NECESSARY TO EVALUATE YOUR PARTICIPATION IN THIS COMMODITY POOL. THEREFORE, BEFORE YOU DECIDE TO PARTICIPATE IN THIS COMMODITY POOL, YOU SHOULD CAREFULLY STUDY THE DISCLOSURE DOCUMENT, INCLUDING A DESCRIPTION OF THE PRINCIPAL RISK FACTORS OF THIS INVESTMENT.
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 IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR 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 OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
LAST UPDATED ON JULY 03, 2020.