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 Kane Trading is owned and operated by
James J. Kane. The following disclaimer refers to Kane Trading products,
services, and materials provided by James J. Kane, and employees and associates
of Kane Trading, and will be referred to simply as 'Kane Trading'.
Kane Trading is not a registered
investment advisor or broker/dealer. Kane Trading is also not an investment
advisory service. All material and works published or provided by Kane Trading
are strictly for educational and/or entertainment purposes only.
Kane Trading does not provide investment
advice or recommendations directed to any particular person, or in light of the
particular circumstances of any particular person.
Kane Trading does not purport to tell or
suggest which investment vehicles patrons should buy or sell for themselves.
Patrons should always conduct their own research and due diligence, and obtain
qualified professional advice before making any investment decision.
All products, services and materials
offered, including opinions offered or expressed, by Kane Trading, must be
considered by the user of such products, services, and materials as strictly
for educational and/or entertainment purposes only. Any performance figures
given are based on hypothetical and/or estimated calculations, and Kane Trading
cannot in any way guarantee patrons will achieve the performance stated, or
even remotely similar results.
All results given in any Kane Trading
products, services, and materials are to be strictly assumed to be
hypothetical results, based on observed price action occurring at or before
the time that the data was published by Kane Trading. No actual trades are
claimed to have been made, even if the wording sounds like actual trades were
made (for example, because no specific reference is made to trades being
'paper' or 'simulation' trades, and so on). It is to be strictly assumed
that any trade being referred to is a 'paper' or 'simulation' trade (subject to
all the limitations discussed elsewhere in the disclaimers regarding such
trades), and not a 'real', actually executed trade.
Kane Trading does not in any way state
or in any way guarantee that any person actually bought or sold, or could have
bought or sold, the actual issues for the prices listed in any of the products,
services, and materials, or even at prices close to the prices listed. The
prices listed are for reference and comparative purposes only, and such prices
are in no way intended to represent an actual trade, an actual entry price or
an actual exit price.
No claim is made by Kane Trading that
any trading methods shown in any products, services or materials offered will
result in profits or will not result in losses. There is a substantial risk of
loss in trading securities, options on securities, futures, options on futures
or any other trading vehicle.
Past performance is not indicative of
future results. Trading securities, options on securities, futures, options on
futures or any other trading vehicle may not be suitable for all recipients of
the information provided by Kane Trading. Always seek competent professional
advice when considering any trade.
All examples provided by Kane Trading
are for educational and/or entertainment purposes only. All material and
examples provided by Kane Trading are based on information obtained from
sources that are believed to be reliable, but which are not guaranteed as to
their accuracy or completeness. No information provided by Kane Trading should
be construed, in any way, shape or form, as a solicitation of any offer to buy
or sell any trading instrument.
James J. Kane, his family and friends,
and associates of Kane Trading have at times in the past, and may now or at
times in the future, trade or have traded any or all of the issues used as
educational and/or entertainment examples in any of the available material. Any
thoughts or opinions expressed by Kane Trading are subject to change without
notice.
No information provided by Kane Trading
should be construed in any way as an encouragement by the author, publisher,
distributors or anyone associated with Kane Trading, to trade. Each trader must
make his or her own decision with regard to trading. Each trader must be
responsible for his or her own decisions and his or her own actions, if
any.
Purchasing, reading or utilizing any
material from Kane Trading, or parts thereof, constitutes acceptance of and
agreement to this disclaimer and exempts the author, publisher and distributors
from any and all liability and litigation.
All books have the following disclaimer
printed inside them:
No claim is made by James J. Kane or
Kane Trading that the trading methods shown in this book will result in profits
or will not result in losses. There is a substantial risk of loss in trading
securities, options on securities, futures, options on futures or any other
trading vehicle. Past performance is not indicative of future results. Trading
securities, options on securities, futures, options on futures or any other
trading vehicle may not be suitable for all recipients of this book. Always
seek competent professional advice when considering any trade. All examples in
this book are for educational and/or entertainment purposes only. All material
and examples in this book are based on information obtained from sources that
are believed to be reliable, but which are not guaranteed as to their accuracy
or completeness. Nothing in this book should be construed, in any way, shape or
form, as a solicitation of any offer to buy or sell any trading instrument.
James J. Kane, his family and friends, and associates of Kane Trading have at
times in the past and may now or at times in the future, trade or have traded
any or all of the issues used as educational examples in the book. Any thoughts
or opinions expressed in this book are subject to change without notice. No
information provided in this book should be construed in any way as an
encouragement by the author, publisher or distributors to trade. Each trader
must make his or her own decisions with regard to trading. Each trader must be
responsible for his or her own decisions and his or her own actions, if any.
Purchasing or reading this book or parts thereof constitutes acceptance of and
agreement to this disclaimer and exempts the author, publisher and distributors
from any and all liability and litigation.
Kane Trading also firmly
believes in the following NFA disclaimer:
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.
And Kane Trading firmly believes
in the following CFTC disclaimer from 17 C.F.R. § 4.41(b):
Hypothetical or simulated performance
results have certain inherent limitations. Unlike an actual performance record,
simulated results do not represent actual trading. Also, since the trades have
not actually 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 profits or losses similar to
those shown.
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 NOTE: Reading this page or
any page on the Kane Trading website, or utilizing this website and any
material
contained herein in any way, shall constitute an
acknowledgement that you have read, understood and agreed
to
all the disclaimers,
terms & conditions, and
policies of this site.
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2003-2008 Kane Trading. All rights reserved.
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