Using
Stormchaser Technologies' (SCT) Stormtracker does not constitute
a recommendation nor an offer to buy or sell securities.
SCT and its staff are not brokers and are not acting
in any way to influence the purchase of any security.
The information generated by Stormtracker is deemed
reliable but is not guaranteed as to accuracy or completeness.
SCT and its staff are not liable for any losses or damages,
monetary or otherwise, that result from the use of Stormtracker.
SCT recommends that anyone trading securities should do
so with caution and consult with a broker before doing so.
Past performance may not be indicative of future
performance. Securities and information generated from Stormtracker
should be considered speculative with a high degree of volatility
and risk.
All of the triggers generated by Stormtracker are for entertainment
purposes only. Triggers generated from Stormtracker
should be considered speculative with a high degree of volatility
and risk. SCT recommends that anyone trading securities
should do so with caution and consult with a broker before
doing so.
As required by NASD Rule 2361, you should consider the following points before engaging in day trading activities:
Day trading can be extremely risky. Customers should be prepared to lose all of the funds that they use for day trading. They should not fund their 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.
Customers must be cautious of claims of large profits from
day trading. Customers need to be wary of advertisements
or other statements that emphasize the potential for large
profits in day trading. Day trading can also 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, an investor must
compete with professional, licensed traders employed by
securities firms. An investor should have appropriate
experience before engaging in day trading.
Day trading requires knowledge of a firm's operations.
An investor should be familiar with a securities firm's
business practices, including the operation of the firm's
order execution systems, procedures, and should confirm
that a firm has adequate systems capacity to permit customers
to engage in day trading activities.
Day trading may result in large commissions. Day trading
may require an investor to trade his or her account aggressively,
and pay commissions on each trade. The total daily
commissions that they pay on trades may add to losses or
significantly reduce earnings.
Day trading on margin or short selling may result in losses
beyond the initial investment. When customers day trade
with funds borrowed from the firm or someone else, they
can lose more than the funds originally placed at risk.
A decline in the value of the securities that are purchased
may require additional funds be paid to the firm to avoid
the forced sale of those securities or other securities
in an investor's account. Short selling as part of
a day trading strategy also may lead to extraordinary losses,
because stock may have to be purchased at a very high price
in order to cover a short position.
