Risk Disclosure TOT represents TurboOptionTrading.com
TurboOptionTrading.com LLC is not a registered broker-dealer, but rather works in coordination with fully licensed broker-dealers, SIPC-insured clearing firms, and private trader firms to provide licensed and non-licensed clients with access to career programs and direct access capabilities. Our firm and our network affiliates strongly recommend that all clients fully read and acknowledge all SEC risk disclosure statements available on our site and our affiliate broker-dealer websites prior to engaging in any live investment activity, and acquire a solid understanding of the risks inherent in all types of stock and option trading.
As a provider of network trading products and services, TurboOptionTrading.com, LLC (“TOT” herein) believes strongly that traders must be aware of all risks inherent in active trading. The following risk disclosure is provided by TOT pertaining to active trading and “day trading” activities with any of our affiliate broker-dealers. For additional information on all SEC disclosures, please visit http://www.sec.gov/.
You should consider the following points before engaging in day trading activities. For purposes of this notice, “day trading” means the transmission by you of multiple intraday electronic orders to effect both purchase and sale transactions in the same security or securities.
Day trading is extremely risky. You should be prepared to lose all of the funds that you use for day trading. Therefore, TOT recommends that you not fund day trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required for current income to meet your living expenses since you could lose all such funds in day trading.
Be cautious of claims of large profits from day trading. You should be wary of advertisements or other statements that emphasize the potential for large profits in day trading. TOT reiterates that day trading can lead to large and immediate financial losses.
Day trading requires knowledge of securities markets. Day trading requires in-depth knowledge of the securities markets and trading techniques and strategies. In attempting to profit through day trading, you must compete with professional, licensed traders employed by securities firms. You should have appropriate experience before engaging in day trading.
Day trading requires knowledge of the company’s operations. You should be familiar with each securities firm’s business practices, including the operation of the firm’s order execution systems and procedures. You should confirm that the firm has adequate systems capacity to permit customers to engage in day trading activities.
Day trading may result in your paying large commissions. Day trading may require you to trade your account aggressively, and you may pay commissions on each trade. The total daily commissions that you pay on your trades may add to your losses or significantly reduce your earnings.
Day trading on margin or short selling may result in losses beyond your initial investment .When you day trade with funds borrowed from a firm or someone else, you can lose more than the funds you originally placed at risk. A decline in the value of the securities that are purchased may require you to provide additional funds to the firm to avoid the forced sale of those securities or other securities in your account. Short selling as part of your day trading strategy also increases the risk of extraordinary losses because you may have to purchase a stock at a very high price in order to cover a short position.
Potential Registration Requirements. Persons providing investment advice for others or managing securities accounts for others may need to register as either an “Investment Advisor” under the Investment Advisors Act of 1940 or as a “Broker” or “Dealer” under the Securities Exchange Act of 1934. Such activities may also trigger state registration requirements.
Indemnification. You agree to defend, indemnify and hold harmless TOT its parent, affiliates and their respective directors, officers, employees and agents from and against any and all claims, actions, suits or proceedings, as well as any and all losses, liabilities, damages, costs and expenses (including reasonable attorney’s fees) arising out of or accruing from any action taken by you contrary to the warning provided in this Risk Disclosure. It is understood that you are solely responsible for your trading practices and that your use of TOT’s web page is for education and entertainment purposes only.
Live Trading Room Disclosure: We are not an investment advisor, financial planner or registered broker. We provide real-time market analysis and educational services for active traders. You accept all liability resulting from your trading decisions. Day trading is a speculative, high risk activity and is not suitable for many investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of futures results. CFTC RULE 4.41 – 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 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. DAYTRADING involves high risks and YOU can LOSE a lot of money.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. By using Turbooptiontrading.com services you hereby agree with all terms in our disclaimer, at www.TurboOptionTrading.com content appearing and provided by this site is for educational, informational and entertainment purposes only and under no circumstances should be used as the basis for making actual trading decisions. TOT provides training, educational, and market information services delivered via its web site located at www.TurboOptionTrading.com. Traders agree to consult with a registered investment advisor prior to making any trading decisions.
TOT is limited to publishing impersonal trading-related information that reflects the publisher’s personal trading strategies. The publication of the Site on the Internet should not be construed by any subscriber and/or prospective subscriber as TOT solicitation to effect, or attempt to effect transactions in securities over the Internet. By accessing this site’s services and information, you hereby agree as a condition for participation that you accept the foregoing limitations of the service and release and hold TOT its officers, assigns, and affiliates, completely harmless from any and all liability.
You agree that all services provided herein are on an “as is” basis. TOT expressly disclaims any and all warranties, whether express, oral, implied, statutory or otherwise, of any kind to the users and/or any third party, including any implied warranties of accuracy, timeliness, completeness, merchantability and fitness for a particular purpose. TOT does not represent nor warrant that the services nor information provided herein will meet your requirements or is suitable e for your individual needs. Comments made by traders providing testimonials are not typical results, your results may vary.
The Site does not make nor imply that traders will be profitable nor avoid losses by using the trading strategies that are described herein. Although individual examples provided may highlight successful paper trading trade examples, cumulative overall returns on all alerts taken together may or may not be profitable. No overall nor specific performance nor profitability claims of any kind are being made, nor should be inferred. Trading is a speculative, high-risk activity that is difficult and is not suitable for most individuals. No individual advice nor trading management services of any kind are provided, therefore no member nor subscriber should assume that their participation in the services provided herein serves, nor is suitable as, a substitute for ongoing individual personalized investment advice from an investment professional chosen by the member/subscriber.
TOT Trading Team Legal Disclaimer
Newsletter Only: TOT is a publisher of educational trading signals and market commentary and is not an investment advisor. Historical trade records, trade listings and statistics are not guarantees or indications of future performance. Investing in stocks or options either by buying or selling short carries risk and TOT and its employees are not liable for any trades our clients make.
Our signals are not perfect or guaranteed, and members would be taking the same risks as mentioned above by buying or selling short based on TOT Traders Team signals as they would by buying or selling short based on anything else, be it research, advice, rumor, news, or any other possible motivation to invest in a security.
TOT Traders Team and its employees are free from all liability to loss on investment on members’ part from any advice given. Members must also understand that the membership they will or have purchased has been purchased or will be purchased on an “AS IS” basis and that there are no warranties or guarantee of service or quality of service from TOT Traders Team.
TOT Traders Team reserves the right to deny service to anyone, having paid or unpaid for said service. If for any reason, your service is stopped by TOT Traders Team during your paid period, TOT Traders Team will not refund to you the value of the unused portion of your term based on the number of trading days left in that term versus the number of trading days used in that term. The signals you receive are TOT Traders Team’s property and you will be buying that property during the duration of your term as a member. TOT Traders Team has the right to change the monthly dues, but must ask you if you wish to continue my membership at the new price. There is no monetary penalty or surcharge for canceling membership and no refunds will be given for early cancellations.
All services are prepaid. You cannot pause your account, and any days that TOT Traders Team does not offer advice that are normally NASDAQ and NYSE trading day, will be added onto the end of your membership. TOT Traders Team and its employees are not licensed to provide investment advice, nor are they required to be under SEC guidelines, due to newsletter exception.
The suggestions given to you from TOT Traders Team should not be taken as investment advice directly, indirectly, implicitly, or in any manner whatsoever, including but not limited to trading of stocks on a short term or long term basis, or trading of any financial instruments whatsoever. TOT Traders Team does not warrant that the information contained herein or distributed from this site or from messages, including instant messages, email, or stock data from TOT Traders Team or its employees will be uninterrupted or error-free, that defects will be corrected, nor that this site or the server that makes it available are free of viruses or other harmful components. By using this site and messenger services you assume the entire cost of all necessary servicing, repair or correction of your computer hardware, software, or databanks.
Further, you must understand that securities’ trading is a unique undertaking that has a large potential for rewards, but also a large potential for large losses. Securities trading may not be suitable for all users of this site. You must assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences following are your sole responsibility.
This web site Turbooptiontrading.com discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site www.TurboOptionTrading.com LLC is to be construed as a recommendation to purchase or sell a security, or to provide investment advice.
Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies of this document may be obtained from your broker, from any exchange on which options are traded or by contacting The Options Clearing Corporation, One North Wacker Dr., Suite 500 Chicago, IL 60606 (1-800-678-4667).
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