RISK DISCLOSURE STATEMENT
RISK DISCLOSURE STATEMENT AND PERFORMANCE DISCLAIMER
[Last updated June 2020]
The material on this website is general in nature. It does not constitute personal investment advice or personal trading advice. Any advice provided is general advice only and does not take into account an individual’s risk profile or financial situation. Trading involves the risk of loss as well as the potential of profit. You should seek independent financial advice in deciding if trading is appropriate for you. Please also consider the appropriateness of the advice in light of your own objectives, financial situation or needs.
YOU SPECIFICALLY ACKNOWLEDGE AND AGREE THAT YOUR USE OF OUR ONLINE ADVISORY SERVICES IS AT YOUR OWN RISK.
IT IS UP TO YOU TO MAKE THE DECISION WHETHER OR NOT TO ACT ON A RECOMMENDATION TO TRADE. We provide information which may help you to make that decision.
The Chartist, Trade Long Term and NickRadge.com are all trading names of The Chartist Pty Ltd.
ALL MATERIAL HAS BEEN PREPARED BASED ON INFORMATION BELIEVED TO BE ACCURATE AT THE TIME OF PUBLICATION. SUBSEQUENT CHANGES IN CIRCUMSTANCES AND THE MARKET MAY OCCUR AT ANY TIME AND MAY IMPACT THE ACCURACY OF THIS INFORMATION.
PAST RESULTS ARE NOT INDICATIVE OF FUTURE PERFORMANCE.
Information containing hypothetical or simulated results has limitations and may not represent actual trading. Since the trades have not actually been executed in the market, the results may under or over-compensate for the impact (if any) of certain market factors, such as lack of liquidity. Simulated trading programs are generally designed with the benefit of hindsight and without the need to predict which way the market may turn. NO REPRESENTATION IS MADE THAT ANY TRADING STRATEGY WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
THE RISK OF LOSS IN TRADING SECURITIES AND DERIVATIVES, (SUCH AS FUTURES, OPTIONS AND CONTRACTS FOR DIFFERENCE) CAN BE SUBSTANTIAL. You should carefully consider your objectives, financial situation, needs and any other relevant personal circumstances to determine whether trading is suitable for you.
THE RISK OF LOSS IN TRADING SECURITIES IS LIMITED TO THE AMOUNT INVESTED. HOWEVER, THE RISK OF LOSS IN TRADING DERIVATIVES MAY NOT BE LIMITED. THIS MEANS YOU MAY LOSE MORE THAN THE AMOUNT REQUIRED TO HOLD AND CONTROL THE PARTICULAR DERIVATIVE.
THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINED IN FUTURES, OPTIONS AND CONTRACTS FOR DIFFERENCE CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.
This brief statement cannot disclose all the risks and other significant aspects of securities and derivatives markets.
IT IS YOUR RESPONSIBILITY TO CONSULT YOUR FINANCIAL ADVISOR TO DETERMINE WHETHER TRADING IN SECURITIES AND DERIVATIVES PRODUCTS IS APPROPRIATE FOR YOU IN LIGHT OF YOUR FINANCIAL CIRCUMSTANCES.