Steve Primo – Learn to Trade like “The Wolfman”
Steve Primo – Learn to Trade like “The Wolfman”
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Hypothetical or simulated efficiency outcomes have sure inherent limitations. Unlike an precise efficiency document, simulated outcomes don’t characterize precise buying and selling and will not be impacted by brokerage and different slippage charges. Also, because the trades haven’t really been executed, the outcomes might have under- or over-compensated for the affect, if any, of sure market elements, comparable to lack of liquidity. Simulated buying and selling applications typically are additionally topic to the truth that they’re designed with the advantage of hindsight. No illustration is being made that any account will or is probably going to obtain earnings or losses related to these proven.
CFTC RULE 4.41
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. 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 PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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