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"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain constraints. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not yet been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, with regard to lack of liquidity. Simulated trading programs in general are also subject towards fact which are by using the a look at hindsight. Guarantee or endorsement is being made that any account will or perhaps is likely to achieve profit or losses similar to those shown".
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