The Purpose of Elliottician is to continue refining the Elliott Wave
Principle and to teach its successful application in forecasting the markets.
Risk Disclaimer: All trading involves risk. Leveraged trading has large
potential rewards, but also large potential risk. Be aware and accept this risk
before trading. Never trade with money you cannot afford to lose. All
forecasting is based on statistics derived from past performance and past
performance of any trading methodology is no guarantee of future results. No
"safe" trading system has ever been devised and no one can guarantee profits or
freedom from loss. No representation is being made that any account will achieve
profits or losses similar to those discussed. There is no guarantee that, even
with the best advice available, you will become a successful trader because not
everyone has what it takes to be a successful trader. The trading strategies
discussed may be unsuitable for you depending upon your specific investment
objectives and financial position. You must make your own investment decisions
in light of your own investment objectives, risk profile, and circumstances. Use
independent advisors as you believe necessary. Therefore, the information
provided herein is not intended to be specific advice as to whether you should
engage in a particular trading strategy or buy, sell, or hold any financial
product. Margin requirements, tax considerations, commissions, and other
transaction costs may significantly affect the economic consequences of the
trading strategies or transactions discussed and you should review such
requirements with your own legal, tax and financial advisors. Before engaging in
such trading activities, you should understand the nature and extent of your
rights and obligations and be aware of the risks involved. All testimonials are
unsolicited and are potentially non-representative of all clients. Your trading
results may vary from those case studies detailed on the Elliottician website.
Elliottician is not a broker or licensed investment advisor and therefore is not
licensed to tailor general investment advice for individual traders. Your
actions and the results of your actions in regard to anything you receive from
Elliottician are entirely your own responsibility. Elliottician cannot and will
not assume liability for any losses that may be incurred by the use of any
information received from Elliottician. Any such liability is hereby expressly
disclaimed.
Hypothetical Disclaimer: All results are considered to be Hypothetical
unless otherwise specified: Hypothetical performance results have many 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. 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. Furthermore, only risk capital should be used
for leveraged trading due to the high risk of loss involved. 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 (and incur account drawdowns) or to adhere to a
particular trading program in spite of trading loses are important issues 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, method or system, which cannot be completely taken
into consideration with hypothetical performance results and will affect trading
results and your P/L.