In using this web site and the products and services we supply you are agreeing
to our terms and conditions as set out here. Please also read our
disclaimer.
All prospective MyPivots members, including trial
members and monthly subscribers, must read this disclaimer & terms of service in
its entirety, and agree to the terms set forth before using our indicators or
any other service we provide.
Day trading can be extremely risky. Customers should be prepared to lose all
of the funds that they have in their account for day trading and more. 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 investors 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.
Upon using any of our indicators or services , whether trial or subscription,
you agree to the following terms and conditions set forth.
MyPivots is an independent web site providing information and education on its
proprietary indicators and other market trading strategies. MyPivots also run a
real time chat for its members.
MyPivots is not offering to buy or sell futures mentioned on this web site or
in the real time chat and is not representing itself as a registered investment
advisor or broker dealer. MyPivots is not licensed with any state or federal
authority as an investment adviser. MyPivots is not in the business of giving
individualized investment advice, and does not independently qualify trades for
particular traders, nor pre-screen or qualify traders in order to assure that
traders have the financial means or financial sophistication necessary to bear
the risk of potential losses, or understand the particular transactions
discussed by MyPivots. Accordingly, MyPivots makes no representations or
warranties regarding the appropriateness or advisability of any particular trade
for any particular trader or subscriber. Traders who choose to engage in futures
transactions, whether discussed or not, do so for their own account and at their
own risk. MyPivots actively encourages each of its subscribers to engage a
qualified and licensed Investment Advisor for the purpose of independent
consultation on any stock discussed or mentioned by MyPivots.
MyPivots assumes no responsibility for and does not guarantee the accuracy or
reliability of information, opinions, or advice provided on this site or in the
real time chat from the staff of MyPivots or the other members. All decisions to
act upon a future, whether to buy or sell, is the SOLE responsibility of the
member.
MyPivots does not guarantee or represent that buying or selling of futures
mentioned or discussed on its web site or in the real time chat will result in a
profit. MyPivots may provide information concerning past futures discussed on its
web site or in the real time chat . There is no intention to represent that
investors actually made the gains represented or actually traded in the
securities that were the subject of the discussion. There has been no attempt to
represent all past historic discussions made by any officers of MyPivots. MyPivots
specifically disclaims any implication that these trades fairly represent the
nature, performance, or result of past historic future discussions, or that
these discussions are representative of possible future gains. Any past stock
discussions posted to the public are to be used only to demonstrate hypothetical
gains which might be realized, and should not be taken as representative of
actual gains. Subscribers should bear in mind that there are no guarantees that
subscribers, by following future stock discussions, will realize the gains
represented and that potential losses from following any future stock discussion
may far exceed the gains represented in any past stock discussions.
You understand and agree that you will not be entitled to any refund from
MyPivots for whatever reason, and that your membership may be terminated by
MyPivots in its sole discretion. You understand that you may cancel your
membership at any time by contacting MyPivots by email addressed to emini (at) emini dot info. You understand that by
non payment of your subscription before the beginning of the calendar month (or
your cycle due date) will
result in your indicators being disabled and your access to the web site (or
parts of it) and real time chat restricted or removed. You understand that in
the event you cancel your membership prior to your monthly subscription being
used up, you are not entitled to any credits for your unused membership term.
You agree, that upon canceling your membership, you will not "charge back" your
previous incurred membership fees. Doing so will constitute a theft of service
and you understand that you will be subject to applicable laws and prosecution.
In the event you cancel your membership, and you wish to rejoin, you understand
that you will need to reapply for membership. Reactivation of a cancelled
membership is based on the sole discretion of MyPivots and should a membership
reactivation be turned down, MyPivots is under no obligation to provide reasoning
for such denial.
You understand and agree that any and all trading decisions are made by YOU
alone. You accept all responsibility for transactions that occur in YOUR account
with YOUR broker of choice. Due to the risk of loss which can be substantial
when buying or selling futures, YOU should carefully consider YOUR financial
condition as to whether trading futures is in YOUR best interest. YOU understand
that when YOU buy or sell futures you can incur a loss of more than all YOUR
capital. If the market moves against your position, you understand that you may
be called upon by your broker to deposit a substantial amount of additional
margin funds, on short notice, in order to maintain your position. If I do not
provide the required funds within the prescribed time, you understand that your
position may be liquidated by your broker at a loss, and you will be liable for
any resulting deficit in your account.
You understand that MyPivots is not obligated or responsible for any trading
activities between you and your broker of choice in your trading account. You
understand there may be times when the market turns against you or under certain
market conditions, it may become difficult, if not sometimes impossible, for you
to liquidate a position, and you take full responsibility should this occur. You
understand and agree that, should you buy or sell futures discussed or mentioned
on the web site or in the real time chat, you may experience a profit and you
may experience a loss.
You agree not to hold MyPivots responsible for your orders placed, your orders
filled, your futures sold, your futures bought, your profits made, or your
losses incurred.
You understand and agree that trading futures can be very profitable or can
lead to large losses of your cash, capital, or assets, and you agree not to hold
MyPivots responsible should you experience any losses, whether the losses are
small or large. You agree and understand that this DISCLAIMER is not implying
that these are the only risks involved in trading futures, and it is your sole
responsibility to know, investigate, research, and assume all other risks
associated with trading futures. You understand that results anticipated should
not be based on past performance of stocks discussed on the web site or in the
real time chat.
MyPivots will not be held responsible or liable to members or any other
parties for the following but not limited to: losses, loss of profits, costs or
expenses, loss of use, damages (whether consequential or incidental) resulting
from any errors in, emissions of, or alterations to information, links,
downloaded material, or accessed material received while accessing the site.
Generally reliable sources used to provide information which is discussed on the
web site and in the real time chat cannot be guaranteed for accuracy or validity
due to the fact that such companies and providers do not provide a guarantee
either. As a courtesy to members, MyPivots may make available links to other
service providers or vendors. MyPivots makes no warranties, express or implied,
as to the fitness or reliability of these providers or vendors. Members are
encouraged to assess independently the providers and their products or services.
MyPivots will not be held liable or responsible for, arising out of use, any
interpretation or implementation of information on this site. By using this
site, there is no warrant that information contained, obtained, or utilized is
error or defect free, or that servers accessed are free of harm or any viruses.
YOU agree to be responsible for any and all costs that may occur to your
computer and all components.
YOU agree not to duplicate or solicit any information or material from the
MyPivots site or the real time chat without the prior written approval and
consent from MyPivots.
MyPivots operates the web site and real time chat and YOU assume the entire
risk of the trading technique YOU practice. MyPivots expressly disclaims any
information posted by any source allowed to post information on the MyPivots web
site. Information presented on the MyPivots web site or in the real time chat is
acted upon solely by YOU and actions taken are solely YOUR decision and not
MyPivots.
MyPivots recommends all members practice Paper Trading (trading without using
actual cash, and tracking the prices you would be buying and selling a futures
without actually spending or risking capital) until YOU have found a system with
which YOU are comfortable. Keep in mind that Paper Trading is substantially
different than actually trading. When Paper Trading, YOU will not experience
actual market conditions such as but not limited to: fast moving market,
inability to have an order filled, market turns against YOU, etc. When Paper
Trading, you should deduct approximately 30% of YOUR profit for a more realistic
Paper Trading profit figure. This percentage is not guaranteed to be the actual
result and should not be used to guarantee what YOUR profit will be when
actually trading with YOUR capital. The risk of trading is always YOUR
responsibility. Any trading strategies YOU undertake by utilizing the
"Trading-Pit" can expose you to risk.
MyPivots may have results, performance figures and/or statistics on its web
site which are the results of back testing and simulations. You should be aware
of the following CFTC rule:
CFTC RULE 4.41
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE
AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT
ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT 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 PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. DO NOT RISK ANY MONEY YOU
CAN NOT AFFORD TO LOSE.
This is for education purposes only.
To read more about the Commodity Futures Trading Commission (CFTC) and the
protection they give to YOU please click
here to go to their web
site.
MyPivots reserves the right to make adjustments to the Monthly Membership fees
at any time it sees fit. A 30 day advanced notice will be given of any Monthly
Membership fee adjustments.
MyPivots has a no tolerance policy for abusive or vulgar language, and any
other types of disruptions in the real time chat and reserves the right to ban
members or anyone else found abusing this policy.
Governing Law and Interpretation: If any term of this Agreement is held invalid,
illegal or unenforceable, the remaining portions shall not be affected.
The officers and/or staff of MyPivots may hold positions, long and/or short, in
specific futures, including those discussed or mentioned on the web site or in
the real time chat. The trades that are posted on the MyPivots web site and in
the real time chat may be simulated, hypothetical or paper trades. You should be
aware that some of (or all of) these trades may not have actually been executed
in the market and as such all trades should be treated as hypothetical and not
actual trades and there is no guarantee or suggestion that the entries and exits
of posted trades were actually achievable.
Be advised that any communications that you send to MyPivots or that MyPivots sends to you
may be published on this web site in their entirety or in edited form. By
sending MyPivots an email or otherwise communicating with MyPivots (through any medium) you
acknowledge this condition.
MyPivots provides a Private Messaging system for its members. This allows members to
communicate with each other on the web site. The Private Messaging system may not be used
to send unsolicited promotional messages to other members. MyPivots reserves the right
to inspect and read all messages sent through this medium and reserves the right to
lock or terminate the account of anybody missusing the messaging system for any reason.
Messages deleted from your Inbox or Sent Mail box, although no longer visible to you, are
not deleted permanently from the system and may still be viewed by authorized
administrators, moderators and/or MyPivots staff.
Any user participating in the forums on this web site must be prepared to answer
reasonable questions about claims that they make or risk having their account locked.
"Reasonable questions" is broad ranging and the latitude increases based on what the
user is doing on the forum.
(This is for the protection of new traders against unscrupulous promotors of systems
who have in the past refused to answer important questions.)
There is a general two strike rule. A user will be locked out the second time they ignore
questions. However, this is a general rule and a user might be locked out on first strike.
Accessing any part of this site using an anonymizer (anonymous proxy server) is strictly
prohibited. If you are a member of this site it will result in your account being locked
and access denied. If you attempt to use an anonymizer you may have no access to this site
or partial and/or erroneous data. Do not rely on any data that you view through an anonymizer.
MyPivots reserves the right to update, change, or modify this DISCLAIMER and
TERMS OF SERVICE at any time without prior and/or further notice. It is the
responsibility of the member to be aware of and understand any changes. This
agreement supersedes prior agreements regarding its subject matter.