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Many trading system promoters advertise their systems by reporting hypothetical trading results. Hypothetical trading results typically are based on trading simulations using historical price data or simulated "real time" computer trading. To obtain these results, trading system promoters often pretend that they traded futures contracts at market prices that occurred some time in the past. They then calculate the trading results that these trades would have achieved had they been placed, based on actual prices. These results sometimes show impressive trading results and large net profits with only a few, small margin calls.
Whether based on historical data or simulated "real time" trading, hypothetical results do not reflect the results of any actual trading. In other words, there is no actual futures account, no actual investment, no actual trading, and no actual profits. The results are purely the product of simulation.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
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