DISCLAIMER
Risks Associated with FOREX and Trading
Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before
deciding to participate in the FOREX market, you should carefully consider your investment objectives, level of experience and risk
appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including,
but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a
currency.
Moreover, the leveraged nature of FOREX trading means that any market movement will have an equally proportional effect on your
deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin
funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed,
your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by
employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.
There are also risks associated with utilizing an internet-based deal execution software application including, but not limited, to the failure
of hardware and software.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can
work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment
objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial
investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated
with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Profit and Loss Potential
In any market where a potential for profit exists, there exists also a risk of loss. None of the information on money grid methodology nor
any information or education provided to the client by any means assures that the client will make money in the FOREX market. The
information contained in this document does not constitute investment advice. I will not accept liability for any loss or damage, including
without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Benefits and Risks of Leverage
Even though the FOREX market offers traders the ability to use a high degree of leverage, trading with high leverage may increase the
losses suffered. Please use caution when using leverage in trading or investing.
Hypothetical Performance or Back-Tested Results
Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to
achieve profits or losses similar to those inferred or shown. There are frequently sharp differences between hypothetical performance
results & the actual results subsequently achieved by a particular trading program. One of the limitations of hypothetical performance
results is they are generally prepared with the benefit of hind sight. In addition, hypothetical trading does not involve financial risk & no
hypothetical trading record can completely account for the impact of financial risk in actual trading. The ability to withstand losses or
adhere to a particular trading program in spite of trading losses are material points which can adversely affect actual trading results. There
are many other factors related to the markets in general or to the implementation of a specific trading program which cannot be fully
accounted for in the reparation of hypothetical performance results – all of which can adversely affect actual trading results.
Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding
to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly,
do not invest money you cannot afford to lose. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving
currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect
the price or liquidity of a currency.
Moreover, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may
work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional
funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible
for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders. FirePips, and
any of its affiliates, will not be held responsible for the reliability or accuracy of the information available on this site. The content provided is put forward
in good faith and believed to be accurate, however, there are no explicit or implicit warranties of accuracy or timeliness made by FirePips or its affiliates.
By using the FirePips website, the reader (thats you!) agrees not to hold FirePips, or any of its affiliates, liable for decisions that are based on information
contained in posts in the blog, or information anywhere else on this website. The reader agrees not to hold FirePips , or any of its affiliates, liable for products
or services that are bought based on the recommendations found on this website, or for any partnerships or other dealings that may originate on the website. FirePips
highly recommends that before making a decision, the reader collects several opinions related to the decision and verifies facts from at least three independent sources.
Trading is a risky business and you should therefore never make a decision based solely on the information found on this or any website.
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untruthful remarks about a person or company, you could be putting yourself in legal jeopardy