Terms of Service
www.kingoftraders.com (“Website”) is not an investment advisory service,
nor a registered investment advisor or broker-dealer and does not purport to
tell or suggest which securities customers should buy or sell for themselves.
The analysts and employees or affiliates of Company may hold positions in the
stocks or industries discussed here. You understand and acknowledge that there
is a very high degree of risk involved in trading securities. The Company, the
authors, the publisher, and all affiliates of Company assume no responsibility
or liability for your trading and investment results. Factual statements on the
Company’s website, or in its publications, are made as of the date stated and
are subject to change without notice.
It
should not be assumed that the methods, techniques, or indicators presented in
these products will be profitable or that they will not result in losses. Past
results of any individual trader or trading system published by Company are not
indicative of future returns by that trader or system, and are not indicative
of future returns which be realized by you. In addition, the indicators,
strategies, columns, articles and all other features of Company’s products
(collectively, the “Information”) are provided for informational and
educational purposes only and should not be construed as investment advice.
Examples presented on Company’s website are for educational purposes only. Such
set-ups are not solicitations of any order to buy or sell. Accordingly, you
should not rely solely on the Information in making any investment. Rather, you
should use the Information only as a starting point for doing additional
independent research in order to allow you to form your own opinion regarding
investments. You should always check with your licensed financial advisor and
tax advisor to determine the suitability of any investment.
THE
MATERIALS PRESENTED BY kingoftraders.com, ARE DESIGNED TO
PROVIDE ACCURATE INFORMATION ALTHOUGH THERE MAY BE FACTUAL AND TYPOGRAPHICAL
ERRORS: IT SHOULD IN NO WAY BE CONSTRUED AS A REPLACEMENT FOR QUALIFIED,
PROFESSIONAL ADVICE. Kingoftraders.com AND/OR IT’S SUBSIDIARIES, AFFILIATES,
AND REPRESENTATIVES ARE NOT ENGAGED IN RENDERING LEGAL, ACCOUNTING, OR OTHER
PROFESSIONAL SERVICE. ALL INFORMATION PROVIDED IS SOLELY FOR EDUCATIONAL
PURPOSES, AND YOU ARE ENCOURAGED TO SEEK INDEPENDENT ADVICE FROM A COMPETENT
PROFESSIONAL PERSON IF LEGAL, FINANCIAL, TAX, OR OTHER EXPERT IF ASSISTANCE IS
REQUIRED.
POSTERS MAY HAVE POSITIONS IN THE STOCKS MENTIONED, WHICH MAY
CHANGE AT ANY TIME, NONE OF THIS IS AN OFFER TO BUY OR SELL ANY SECURITY. THE
RISK OF LOSS IN STOCK MARKET TRADING AND/OR OPTION TRADING CAN BE SUBSTANTIAL.
YOU SHOULD, THEREFORE, CAREFULLY CONSIDER YOUR CIRCUMSTANCES AND FINANCIAL
RESOURCES WHEN DECIDING WHETHER SUCH FORMS OF TRADING ARE SUITABLE FOR YOU.
Kingoftraders.com
SPECIFICALLY DISCLAIMS ANY PERSONAL LIABILITY, LOSS OR RISK INCURRED AS A
CONSEQUENCE OF THE USE AND APPLICATION, EITHER DIRECTLY OR INDIRECTLY, OF ANY
INFORMATION PRESENTED BY kingoftraders.com THROUGH CLASSES, WEB SITES, WRITTEN
MATERIALS, AND ANY OTHER FORM, TRANSMITTED VIA ANY MEDIUM.
In
considering whether to trade, you should be aware of the following points:
The
national securities markets are extremely efficient and competitive. Successful
trading typically requires skill and discipline as well as experience and
knowledge of the capital markets. There is no guarantee that you will be
successful in implementing your investment strategy. A substantial number of
traders will not be successful. Moreover, changes in market structure and
competitive conditions also may affect your continued success. Only risk
capital should be used for trading. Market structure and competitive changes in
the markets may cause formerly successful traders to become less successful.
Trading can involve a volume of activity. Each trade generates a commission and
the total commissions on such trading can be in excess of any earnings. Persons
who are new to trading should strictly limit both the number of trades they do
and the size of their trades to reduce the risk of large dollar losses during
the learning process. Trading activity may result in losses that can exceed
100% of your initial capital. You are solely responsible for any losses in your
account. Placing contingent orders, such as “stop-loss” or “stop-limit” orders,
will not necessarily limit your losses to the intended amounts, since market
conditions may make it impossible to execute such orders. Similarly, using “market
orders” can be very risky, since large gaps can occur in price movements of
active stocks. Under certain market conditions, you may find it difficult or
impossible to liquidate a position quickly at a reasonable price. This can
occur, for example, when the market for a stock suddenly drops, or if trading
is halted due to recent news events or unusual trading activity. The more
volatile a stock is, the greater the likelihood that problems may be
encountered in executing a transaction. In addition to normal market risks, you
may experience losses due to system failures. The firm and its clearing broker
rely upon sophisticated computer software and hardware to execute transactions,
which are subject to failure due to a variety of factors. Among other events,
you may experience losses due to: system crashes during both peak and low
volume periods; the loss of orders and, delayed, conflicting and inaccurate
confirmations on orders or cancellations that you initiate. The use of any
margin or leverage in an account can work against you as well as for you.
Leverage can lead to large losses as well as gains. You may sustain a total
loss of the initial margin funds and any additional funds that you deposit with
your broker to establish or maintain a position, and you may incur losses
beyond your initial investment. If the market moves against your position, you
may be called upon to deposit a substantial amount of additional margin funds,
on short notice, in order to maintain your position. If you do not provide the
required funds within the time required, your position may be liquidated at a
loss, and you will be liable for any resulting deficit in your account. You
should consult your broker concerning the nature of the protections available
to safeguard funds or property deposited in your account.
ALL OF
THE POINTS NOTED ABOVE APPLY TO BOTH STOCK AND OPTION TRADING OF DOMESTIC
EQUITY SECURITIES. THE RISK OF DAY TRADING AND/OR OPTION TRADING MAY BE
SUBSTANTIAL. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER
ASPECTS OF TRADING. ONLY RISK CAPITAL SHOULD BE USED FOR TRADING.
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