Futures’ trading involves substantial risk of loss. Futures’ trading is not suitable for all investors. Some of the trade examples in our courses and newsletters and nearly all the examples contained in the marketing materials and in the performance records include hypothetical examples.
The CFTC provides an excellent description of hypothetical trades and, therefore, we are providing it to you:
"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 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. Simulated 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."