Terms of Use
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 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.
THIS
COMPOSITE PERFORMANCE RECORD IS HYPOTHETICAL AND THESE TRADING ADVISORS HAVE NOT
TRADED TOGETHER IN THE MANNER SHOWN IN THE COMPOSITE. HYPOTHETICAL PERFORMANCE
RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO
REPRESENTATION IS BEING MADE THAT ANY MULTI-ADVISOR MANAGED ACCOUNT OR POOL WILL
OR IS LIKELY TO ACHIEVE A COMPOSITE PERFORMANCE RECORD SIMILAR TO THAT SHOWN. IN
FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN A HYPOTHETICAL COMPOSITE
PERFORMANCE RECORD AND THE ACTUAL RECORD SUBSEQUENTLY
ACHIEVED.
ONE OF
THE LIMITATIONS OF A HYPOTHETICAL COMPOSITE PERFORMANCE RECORD IS THAT DECISIONS
RELATING TO THE SELECTION OF TRADING ADVISORS AND THE ALLOCATION OF ASSETS AMONG
THOSE ADVISORS WERE MADE WITH THE BENEFIT OF HINDSIGHT BASED UPON THE HISTORICAL
RATES OF RETURN OF THE SELECTED TRADING ADVISORS. THEREFORE, COMPOSITE
PERFORMANCE RECORDS INVARIABLY SHOW POSITIVE RATES OF RETURN. ANOTHER INHERENT
LIMITATION ON THESE RESULTS IS THAT THE ALLOCATION DECISIONS REFLECTED IN THE
PERFORMANCE RECORD WERE NOT MADE UNDER ACTUAL MARKET CONDITIONS AND, THEREFORE,
CANNOT COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING.
FURTHERMORE, THE COMPOSITE PERFORMANCE RECORD MAY BE DISTORTED BECAUSE THE
ALLOCATION OF ASSETS CHANGES FROM TIME TO TIME AND THESE ADJUSTMENTS ARE NOT
REFLECTED IN THE COMPOSITE.
Education, Not
Recommendations
Fibonacci Queen Inc. publishes
information that is educational in nature and designed to contribute to your
overall understanding of various types of technical analysis and how we apply
this information to the financial markets. We are in no way recommending the
purchase, sale or short sale of any securities, options, futures or other
financial instruments. Trading of stocks, options, and futures may not be
suitable for everyone and may involve the risk of losing part of your money, all
of your money, or in the case of futures, more than all of your
money.
We at
Fibonacci Queen Inc. are not Financial Advisors or Registered Analysts. We do
not offer our various model portfolios as trading recommendations for you to
copy. These models represent our own accounts and/or opinions and are intended
to teach our style of short-term trading. For example, if technology stocks
happen to be selling off day after day, members can review our newsletters and
portfolios and actions taken in the live trading rooms to see what we are
thinking or doing, and how we are handling that type of situation. It is up to
you to make your own decisions as what you want to do with your own portfolio.
We do
not claim to have a special insight into the markets that prevent us from making
mistakes. We do make mistakes. However, we believe our successes more than make
up for our mistakes, and will continue to offer our education until proven
otherwise. Observe our mistakes and utilize these lessons in your own trading
programs.
Trading of stocks, and especially
options and futures, may not be suitable for everyone. Though there are large
potential rewards, short-term trading is very risky, especially when your
accounts are fully margined. There is certainly a chance in which you can lose
all of your money. If you are trading futures, there is a chance that your
account can go negative, and that you will end up owing money to your broker. In
addition, prior to buying or selling a stock, option, or futures contract, an
investor will need a broker, and they must meet suitability requirements in
order to trade these specific instruments..
By
accepting this disclaimer you are acknowledging the risks involved in trading
the stock, options, and futures markets and are also acknowledging that you, the
subscriber, and not Fibonacci Queen, Inc., are solely responsible for any
losses, financial or otherwise, as a result of using this service. Fibonacci
Queen, Inc. shall under no circumstances be liable for any lost profits, lost
opportunities, misstatements, or errors contained within these pages. You also
agree that Fibonacci Queen, Inc. will not be held liable for data accuracy,
server problems, or any special or consequential damages that result from the
use of, or the inability to use, any or all of the materials published on our
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directly or indirectly from this site, its data, content, materials, associated
pages and documents.
Employees of Fibonacci Queen, Inc
may or may not have positions in the educational picks posted to the site
through its newsletters or in the trading rooms. In addition, 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 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, including the ability to
withstand losses. Finally, past performance is in no way indicative of future
results.
All
Seminar and Software sales are final. There is no refund issued if you
cannot attend a seminar. However, in the event you do not attend a
seminar, you will be able to use the money as a credit towards future seminars
or other products and services. If you do not wish to use the credit
towards future purchases, there is a 50% cancellation fee that will be processed
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you will need to call us and confirm cancellation.
If you
find yourself interested in our trading styles, remember that it is important to
diversify your investments and not throw all of your money into one basket or
technique. If you do copy our buys and sells, you are doing so at your own risk.
We're not recommending that anyone copy us, and believe that all investors
should make their own decisions. We are here to teach by example, through our
successes and mistakes.
You
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all claims, liabilities, costs and expenses arising in any way from your use of
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recourse.
Terms of Use
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