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CFTC RULE four.forty one - HYPOTHETICAL OR SIMULATED PERFORMANCE OUTCOMES HAVE SURE LIMITATIONS. NOT LIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT CHARACTERIZE ACTUAL BUYING AND SELLING. ADDITIONALLY, FOR THE REASON THAT TRADES HAVE NOT BEEN EXECUTED, THE OUTCOMES MIGHT HAVE UNDER-OR-OVER COMPENSATED FOR THE AFFECT, IF ANY, OF CERTAIN MARKET FACTORS, RESEMBLING LACK OF LIQUIDITY. SIMULATED TRADING PACKAGES USUALLY ARE ADDITIONALLY TOPIC TO THE TRUTH THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO OBTAIN REVENUE OR LOSSES MUCH LIKE THOSE PROVEN.
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