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Acknowledgement of Risks By continuing to use the Advanced Trading Systems Web site, you acknowledge that you have read and understand this document. In addition, when you register for an account with Advanced Trading Systems, you will be asked to read and acknowledge this document again before your account becomes fully active. Advanced Trading Systems does not offer its own trading advice. Instead, we provide a Web site where users may search for trading advice. There are many risks associated with trading. We want to warn you about these risks. So please keep in mind that: Hypothetical performance results have many inherent limitations, some oh 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 to 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.
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