Disclosure Regarding Results

Financial Factory’s performance results are, unless so stated, hypothetical or simulated, not based on actual trading. Future performance is not guaranteed and the investment tools and strategies may perform better or worse. 

Pro forma and hypothetical performance results have many inherent limitations, some of which are described below: no representation is being made that any trading 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 achieved by any particular investment strategy. 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 investment strategy 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 investment strategy which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.