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Please understand
that futures trading involves risk and is not suitable for all types
of investors. This is a very risky business, and people do lose money investing in futures contracts,
and options on futures. There are no implied guarantees or promises
made on this web site anywhere. In addition, I am registered with
the CFTC as a CTA, NFA# 0281183. My registration allows me to legally
assist and educate individuals in commodity trading. I am a professional
and my approach in both teaching and trading is professional. I educate clients,
teaching them my own proprietary concepts, methods, and trading
systems. It is up to the individual to make all the final decisions
in their own trading. Furthermore, I am not licensed to accept funds
from individuals for the purpose of trading commodity interests.
You must place all funds for the purpose of trading directly with
a futures commission merchant (FCM). My expert analysis is available
and updated daily with my careful review of the markets based on my strict adherence to my system and methods
which are revealed to members. The entire live trading system is
available to clients only. The system is updated daily with official
daily pit session settlement prices.
THE NFA REQUIRES THAT I STATE
THE FOLLOWING:
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-over compensated
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.
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 RESULT
PAST PERFORMANCE IS NOT INDICATIVE
OF FUTURE RESULTS.
Risk
Statement: Anyone wishing to invest in the Commodities and
Futures markets should seek his or her own professional financial
advice. Hypothetical performance results have inherent limitations,
some of which are described below. No representation is being made
that any person will or is likely to achieve profits or losses
similar to those shown. There are frequently sharp differences
between hypothetical results and the actual results that may be
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. 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 areas
which can also adversely affect trading results. Hypothetical
performance cannot account for all that may effect trading results.
Past performance does not, of course, provide any guarantee of
future performance and you should not rely on the performance
presented herein as an indication of future performance. You should
be aware that other performance methods or reviews for different
periods might produce different results.
NO
TRADING SYSTEM CAN GUARANTEE PROFITS
HYPOTHETICAL TRADING RESULTS CAN
BE UNRELIABLE
FUTURES CONTRACTS ARE
VOLATILE AND RISKY
PAST PERFORMANCE
IS NOT INDICATIVE OF FUTURE RESULTS
Please also read and understand
the following:
I may have
positions long or short in the market at anytime, or I may have
no positions at all! No where on this site do I regularly reveal
my private trading positions. My trades are my business and my business
only. I strongly believe that you should never place a trade solely
because someone else is. Furthermore, I am not going to promote
a dependency on others.
Also, if you
are looking for tips on what is hot and what is not, this web-site
and this service is not going to be for you. I do not believe in
giving or receiving tips which can not be substantiated with evidence
or supported by data, theory or a trading methodology. I believe
that it is up to the individual to do the work and make our own
independent decisions to achieve success. A trader must develop
an individual and personalized "feel" for the markets
that can only be obtained by experience and observation. This is
something I have assisted many traders with. My professional assistance
is always available and I always do my best to assist my members
& clients. That is my personal guarantee to you - A 200% effort on my part to help you learn
and understand my proprietary trading system and to be able to implement
the system and data into your own trading strategies in a professional
and hopefully profitable manner, however no guarantees can be made
for success. This is a very risky business - My advice is to have
a "backup" plan and other means for generating income
as well.
Trading is NOT my
only means of income.
I also invest in stocks, real estate as well
as generate income from businesses, including this service.
Nowhere on this site do I state, imply, or intend to imply that
trading is my sole source of income. The markets dictate the opportunities,
and as traders we must wait on those opportunities. Trading
for any other reason, other than a real (defined) opportunity based
on predetermined factors, is a recipe for monetary loss! There
are no guarantee that there will be opportunities daily, weekly or
even monthly. All we can do is wait and act only when the
opportunities present themselves.
More is also required
beyond simply recognizing an opportunity. While this knowledge is
obviously very critical, knowing how and when to act once an opportunity
is identified is equally as crucial! I decided long ago that it
was in my best interest to trade and invest in a large assortment
of assets (e.g. stocks, futures, mutual funds, bond funds, tax sheltered
investments, real estate investments and business ventures). At
anytime, an opportunity might reveal itself in any one of these
markets, thus by covering as many as possible, I have more
opportunities! This is called "diversification", and its important
in my opinion. That is why I trade and invest in many different
classes of assets as listed.
Like all professional
speculators, I too have profitable transactions and unprofitable
transactions, profitable weeks and unprofitable weeks, profitable
months and unprofitable months and so forth. That is all part of
the 'trading and/or speculating' business! No matter what the asset,
speculating is an inherently risky business! Starting a business
is a risky speculative venture just as purchasing a contract of
corn is a potentially risky move. To realize a profit or take advantage
of potentially being in the right place at the right time requires
a risk taking measure.
Conclusion:
Do not put
all your eggs in one basket. Be smart about it. If trading were
an easy way to generate income, more people would be doing it
successfully, and
fewer people would be losing money at it! The fact is most people
lose money trading futures, I have lost money plenty of times at
it myself, yes I've made money too, but it has never been easy,
and it has always been very risky!
Let me also address a common
question, which is rarely answered by other teachers and system
developers in this field. That question is as follows:
Do I trade the system
myself? And if I do and if the system is so great, why
don't I just trade the system myself, rather than providing this
service?
Yes I do trade the system!
In fact I use the same systems and data presented on this web-site!
However, trading is not my only source of income. It is true
that I do make a profit from offering my system, experience and
assistance to others for a fee. I am often asked that if I
have such a good trading system, why don't I just trade the system
rather than provide this service. As I stated above, I do
trade it. However, no system can guarantee profits, and
there are times of drawl downs, as well as times when there is
nothing setup to trade. Many people mistakenly think that
there are always opportunities in the market. The truth is, there
are not. I have learned, through my own costly
mistakes, that trading for the sake of trading only results in loss
in the long run! I have also learned that the markets do not
care if I need to make money this week or next. With trading,
you have to be able to wait for the opportunities. Sometimes
there are many opportunities with our system, and sometimes there
are none. By providing this service in addition to my other investments
(such as real estate investing) and my trading activities (including
stocks and tax sheltered investments) I am able to secure
regular stable income while building and growing my portfolio
of diversified investments! Best of all however, I am
doing what I enjoy most in life every day! And
that is tracking, trading, and studying the markets! Through this
service I hope I can provide you with some of the knowledge I have
gained through my many years of trading, and experience in trading
and tracking many markets!
Thank you!
Floyd W. Upperman Jr.
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