Acknowledgement of Risk

[TS Hennessy]

Once registered on New Elliott Wave Rule Forums, Each USER acknowledges the following Risk Disclosure Statements. Continued use of the site signifies complete acceptance of the disclosures which become the Terms of Use. No person shall continue to use the site if they are not in complete agreement with these statements. Admin retains the right to change these statements at their sole discretion and without prior warning. Member responsibilities include keeping aware of these changes.

General Terms of Use
THE INFORMATION PROVIDED IN THE RESOURCES AND/OR ARTICLES AND DOCUMENTS IS
FOR EDUCATIONAL PURPOSES ONLY.

IT IS PROVIDED AS GENERAL MARKET COMMENTARY, AND DOES NOT CONSTITUTE
INVESTMENT ADVICE. NEITHER THE AUTHOR NOR ASSOCIATES, DISTRIBUTORS, HEIRS OR
ASSIGNS SHALL ACCEPT LIABILITY FOR ANY LOSS OR DAMAGE, INCLUDING WITHOUT
LIMITATION, ANY LOSS OF PROFIT, WHICH MAY ARISE DIRECTLY OR INDIRECTLY FROM USE
OF OR RELIANCE ON SUCH INFORMATION. THERE IS NO WARRANTY OF ANY KIND.

Required Risk Disclosure – The Term “Securities” Shall apply to ALL Financial Instruments.
SECURITIES TRADING OR INVESTING CARRIES SIGNIFICANT RISK AND MAY NOT BE
SUITABLE FOR EVERYONE. THE POSSIBILITY EXISTS THAT YOU COULD SUSTAIN A LOSS OF
SOME OR ALL OF YOUR INITIAL INVESTMENT; THEREFORE YOU SHOULD NOT INVEST
MONEY THAT YOU CANNOT AFFORD TO LOSE. THE TRADING STRATEGIES DISCUSSED MAY
NOT BE SUITABLE FOR ALL INVESTORS DEPENDING UPON THEIR SPECIFIC INVESTMENT
OBJECTIVES AND FINANCIAL POSITION. INVESTORS MUST MAKE THEIR OWN INVESTMENT
DECISIONS IN LIGHT OF THEIR OWN INVESTMENT OBJECTIVES, RISK PROFILE, AND
CIRCUMSTANCES AND USING SUCH INDEPENDENT ADVISORS AS THEY BELIEVE
NECESSARY. THEREFORE, THE INFORMATION PROVIDED HEREIN IS NOT INTENDED TO
GIVE INVESTORS SPECIFIC ADVICE AS TO WHETHER THEY SHOULD ENGAGE IN A
PARTICULAR TRADING STRATEGY. IN ADDITION, THE INFORMATION PROVIDED HEREIN HAS
BEEN PREPARED FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER TO BUY OR
SELL, OR A SOLICITATION OF AN OFFER TO BUY OR SELL THE SECURITIES MENTIONED OR
PARTICIPATE IN ANY PARTICULAR TRADING STRATEGY. MARGIN REQUIREMENTS, TAX
CONSIDERATIONS, COMMISSIONS, AND OTHER TRANSACTION COSTS MAY SIGNIFICANTLY
AFFECT THE ECONOMIC CONSEQUENCES OF THE TRADING STRATEGIES DISCUSSED AND
INVESTORS SHOULD REVIEW SUCH REQUIREMENTS WITH THEIR LEGAL, TAX AND
FINANCIAL ADVISORS. FURTHERMORE, SECURITIES TRADING ENTAILS A NUMBER OF
INHERENT RISKS; BEFORE ENGAGING IN SUCH TRADING ACTIVITIES, INVESTORS SHOULD
UNDERSTAND THE NATURE AND EXTENT OF THEIR RIGHTS AND OBLIGATIONS AND BE
AWARE OF THE RISKS INVOLVED. THE INFORMATION OR DATA PROVIDED HEREIN IS BASED
ON INFORMATION GENERALLY AVAILABLE TO THE PUBLIC FROM SOURCES BELIEVED TO BE
RELIABLE. NO REPRESENTATION IS MADE THAT IT IS ACCURATE, COMPLETE OR CURRENT
OR THAT ANY RETURNS INDICATED WILL BE ACHIEVED. CERTAIN ASSUMPTIONS HAVE BEEN
MADE IN THIS ANALYSIS, WHICH MAY IMPLY PROJECTED RETURNS WOULD BE ACHIEVED.
CHANGES TO THE ASSUMPTIONS MAY HAVE A PARTICULAR IMPACT ON ANY RETURNS.

Required Disclaimer CFTC Rule 4.41
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 BEEN ACTUALLY
EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVERCOMPENSATED 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.