[OT] WARNING

[Mark Brown <markbrown@xxxxxxxxxxxxx>]

It  is specifically against the law for anyone to represent historical
hypothetical  trades  as  a  matter-of-fact.   It is also specifically
against  the  law  for  a  person  to  hold themselves out as  trade
adviser  without  properly  being  registered.   The  purpose  of  the
registration  is  to  verify the track record of the individual who is
making a representation of their actual trading.

Time   and   time   again  people  have  made  outrageous  claims  of
profitability   only to be later prosecuted for misleading the public.
 The  facts  are  most  professional  money  managers who have all the
resources available to them that are possible have not returned in the
two-year   period   the  percentage  of probability as someone here on
this list has claimed to making ten days.

Anyone with a calculator can figure it that rate of annualized return
it   wouldn't   be  before  too  long and someone would own the entire
world.   I know this is off topic is labeled as such, and while I know
some  of  the  most  experienced members of this list know these facts
already.   This  is  for anybody who just starting in the business and
will be attracted to those who are bragging about their profitability.

Anytime  someone  claims  profitability make them show you an audited,
make  that  an independently audited track record of their trades.  If
they can't afford to have someone audit them and maintain those records
on     a    monthly  basis  for  public viewing.  Then I would suggest
that you stay clear of them completely.

PS  it  is  acceptable  for  a  person  to  display  and  talk  about
hypothetical  performance  without an audited  record  but  it must be
represented   as   that.  that  hypothetical  track  record  must  be
accompanied  with the proper risk disclosure statement which makes you
the  consumer  aware  of  the  possible risk.  I have neither seen any
offer of an audited track record nor any posted disclosure statement on
this   list,  by  those  who are claiming to actually have been making
these trades.


--
Best regards,
  Mark Brown   mailto:markbrown@xxxxxxxxxxxxx
  Y = Offset + Amplitude * sin(Frequency * X)