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.