Hello Everyone,

As previously stated in the email I sent out, I have received a few emails over the past few weeks that you only have the morning to trade and I completely understand. That being said,  I just want to give you some updated results through January in trading ONLY the morning session.

Our morning session would start from 9:30 am Est time – 11:59 am Est time – There were a total of 79 trades with 66 winners and 13 losers. That is a result of a 83.54% win rate and +162 ticks net for the month trading ONLY 3 contracts.

Now, lets say you only have the 1st hour to trade so from 9:30 am Est time – 10:30 am Est time – that time slot produced 35 trades with 29 winners and 6 losers. That is a results of a 82.86% win rate and +66 ticks net for the month trading ONLY 3 contracts.

I did this once before and just like today, the results are very consistent however you break it down in which is you want to see in a system you are trading.

If your trading is struggling and you are looking for a simple system to trade, you owe it to yourself to jump on board today! You can get started for as low as $995 that will include the training video (90 minute video), 6 month software license (this will plot the indicators) and the live trading room.

I welcome the opportunity to contribute to your efforts and am confident that we will provide quality service.  If you have any other questions, please contact us.

Have a great weekend!

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.

Hello Everyone,

With the upcoming Holiday on Monday, I wanted to offer up a excellent promo that we did once before that was very popular. Before I go into that,  we had a decent week after taking 5 losers on Tuesday – I know, we don’t see it often but those that stuck with the system still came out ahead and in fact, ended up with a winning percentage of 80.49% –  This morning in the live trading room, everyone hit their goal which makes for a nice long weekend when you accomplish that in the first hour. You can see my trades in the chart below:

Below you can click on the image to see the updated results through this morning. Again, this is trading ONLY 3 contracts per trade so a smaller trading account:

As far as the Promotion, you can purchase the ETS Scalp System for Only $995 which includes a 6 month License to our software that will plot the signals on your Ninjatrader 7.0 platform, but that’s not all! With this weekend’s deal, you can choose an exclusive Auto Trader to one of our markets that we teach (NQ, CL or 6E) for 6 months OR elect to turn your 6 month Scalp system license into an annual license for FREE. This was a very popular Promotion we had run once before so this will ONLY be valid through Monday January 21st – No exceptions, so Act now. Of course, this will also include Access to our Live trading room! If you are new to trading, I can guide you in getting ninjatrader downloaded in minutes so you dont have to feel overwhelmed as we will walk you through the steps!

For those that may have software expiring soon, you can purchase a Permanent license upgrade this weekend for ONLY $995!

I will be around all weekend to answer any questions you may have. I look forward to working with you!

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.

Hello Everyone,

As mentioned in the email, I will be back in the Live Trading room tomorrow morning and should be in there for most of the week after being out of pocket for the last week and a half. I am still recovering from a procedure, but I want to thank those who have reached out to me.

Now that the holidays are over, we can get back to trading! As you can see from the chart below(Click picture to make bigger) the Scalp system had a great week. It produced 51 trades with 45 of those profitable and a winning percentage of 88.24% for the week. Consistency is what everyone likes to see and we have been getting that with this system.

This morning I took a couple valid trades and had 2 winners in the first hour of trading and you can see the trades in the chart below.

Our ETS Scalp system (The results you always see) is our most popular system which includes our Live trading room.

For those that have expiring software coming up, please get in touch for special pricing. I will be around all week to answer any questions you may have!

Have a great trading week!

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.

Hello Everyone,

Even with a shaky week of results last week, we still ended up with pretty solid and consistent numbers once again for December. As you will see below(Click picture for larger view), we had a total of 81 trades and a winning percentage of  83.95%. Of course with contract rollover, the market shutting down in honor of president Bush’s passing, FOMC and the upcoming Holidays, it’s been a shorter month than usual!

As you can see from the results above, they are pretty impressive and if you have been on the fence, its a great time to join us. Today is the final day of our holiday promotion to enter our drawing. We are giving out a FREE 6 month license to one of our exclusive Auto Traders with every purchase today only! You can choose any of our individual market Auto Traders and It will come with the training video along with a comprehensive support manual. Also, for everyone that purchases today, you will also be entered into a drawing for a FREE Permanent license to one of those Auto Traders or our Pro Indicator software!

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.

Below you will see the monthly results for trading the morning session only. I know a lot of you based on the emails I have been receiving can only trade in the morning and that is perfectly fine. We are seeing the same impressive winning % in the morning session as to trading the whole day as you can see below. These numbers are based on trading ONLY 3 contracts and trading from 9:30 am Est time – 11:59 am Est time:

Now if you click on the picture below, this would be trading both the morning session as well as the afternoon session which is 1:00 pm Est time – 3:30 pm Est time. Again, we are seeing the results pretty consistent which is a very good thing.  

You can scroll through the blog to see the recent months results as well. Please get in touch if you have any further questions or would like to be a member. Now through tomorrow night at Midnight Est time, we are extending any special pricing we had over Thanksgiving holiday so take advantage now before its too late!
Don’t miss out on this unique opportunity to save
 – We look forward to working with you!

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.

Hello Everyone

Before I get into the Pre Black Friday sale, the ETS Scalp system continues to produce great results. Below you will see a screenshot of this mornings trades that I took (We had 2-3 more that were winners after this also). Most students take the 1st 2 valid trades of the day and walk away if they are winners. Trading 6 contracts as shown on the chart below, one would have made $300.00 on 2 trades less commissions. They trade for daily income while other students trade the system all day and that’s fine too – whatever suits your trading style, you can do it with this simple system that you can learn in under 90 minutes.

Now through Friday November 23rd, you can purchase the ETS Scalp course at a 50% off discount off of its retail price of $1995 for ONLY $998! you will also receive an annual license to our Pro Indicator Extension which will plot the hash marks for this method to make it easy to know when and where to place your trade. It also has a voice alert to let you know when it starts to plot the trade in case you are sidetracked at your computer.

Additionally, if you’re already a student with a current Pro Indicator license, you can upgrade to a Permanent for license for ONLY $998 as well!. This is a fantastic time for anyone who has been contemplating an upgrade of their existing Licenses!

If you are interested in ordering any of products or have any other questions, please get in touch. you can find my number on the pricing page found above in the middle of the page. 

Don’t miss out on this unique opportunity to save! 

Hello Everyone,

Happy Veterans day! We honor those who have so bravely served our country so Thank You!

As mentioned in the email, we had a record number of trades in October with 262 total trades. The best part about those results is that we continue to stay very consistent with a 82.06% win rate(See chart below labeled October Results & click on it to enlarge picture)

We are off to a nice November as you can see below through today November 9th. Its nice to see that you have many opportunities to take trades and profit throughout the day. I know many students are taking the 1st 2 trades of the day if they are winners and walking away and that is fine. The nice thing about this system is that you can figure out what works best for you and run with it.

NOVEMBER RESULTS THROUGH TODAY

OCTOBER 2018 RESULTS

If you do not know already,  the ETS Scalp system is a method you can learn in about 90 minutes and trade it throughout the day. This setup is VERY exciting because it lacks the subjectivity that trip up some traders – with this technique, there is none! No chops, no reversals, no asking whether to reverse or go flat. This is a much more relaxed way to trade while minimizing the emotional impact some traders are confronted with. It is so simple, that you can trade this exclusively on 1 chart !

If you are not making money with your trading system, do yourself a favor and come join our group!  Even if you are a current student of ours and looking to get back to trading OR if you are with another company, we would love to hear from you. We can get you setup in minutes and begin sim trading on Tuesday in the Live room –  You will not be disappointed!

I will be around all weekend to answer any questions you may have. You can click on the pricing page toward the top and find my telephone number right in the middle of the page! I look forward to speaking with you.

Hello Everyone,

We had a fantastic September as we ended up with 138 trades and a win rate of 86.96%. Almost very similar to August except we did have fewer trades. We did switch to the December contract the 2nd week of September so we did have a couple days off there. You can click on the picture below for the breakdown of trades, broker fees, winning percentage and profit trading 3 contracts. With these results, this is taking every VALID setup from 9:30 – noon and then from 1:00-3:30 Est time. A lot of students only take 2 winners a day and when that happens, they walk away. That is a conservative approach I like and do myself. We do have the handful of students though that like to trade all day and that is fine if that works for them.

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.

Hello Everyone,

As mentioned in the email, we had a fantastic August. We ended up with 160 trades and a win rate of 86.88%. Again, this is trading ONLY 3 contracts. You can click on the picture below to get the breakdown and the nice profit some students have made this past month.

In the spirit of “Labor Day” we will be offering a 72 hour Software promotion beginning today, through 11:59 pm on Monday September 4th.

As a loyal user of either the ProIndicatorV3 or any of our PTS software, this is a fantastic time for anyone who has been contemplating an extension or upgrade of their existing Licenses!

Here is our offer:

*1 Year Upgrade of ProIndicatorV3: $695

*Permanent License Upgrade of ProIndicatorV3: $1495

*NQ Trader automated strategy 1 year License: $995

*6E Trader automated strategy 1 year License: $995

Let’s go over a couple of questions:

1. What will happen with my existing “time” on ProIndicatorV3?

A: We will add the time to your Pro Indicator V3. For example, if you have 4 months left on your Pro Indicator V3 we will add the 1 year to Pro Indicator V3 for a total of 16 months.

1. How long do I have to decide if I want to upgrade?
2. The upgrade price is available until Monday, September 4th at 11:59 pm EDT time

As always, I will also offer a FREE setup by remoting into your computer and setting this up if needed. Again, this books up fairly quick so it is a first come opportunity.

If you are interested in ordering any of products including our $499 ETS Scalp Special or have any other questions, please let us know. you can find my number on our pricing page.

Thank you and have a great holiday,

AL

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.

Hello Everyone,

Thanks for checking in on another excellent week in our live trading room using the ETS Scalp system. As mentioned in the email, we had 30 trades this week with only 2 losers. The 1 loser happened to be at 3:15 on a day where we already had 5 winners so perhaps you wouldn’t even have traded that. I know a lot of our students are trading for 2 winners as their goal and walking away which is fine – this week you would have been successful every day in this regard. Those that take every set up were also very profitable – whatever fits your trading style! We are now at a impressive 89.7% for the month of August. You can click on the picture below to see the updated results and remember this is only trading 3 contracts. If you trade more, you can do the math.

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.