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The material, concepts, research and graphic illustrations appearing on this website (Socrates) are the exclusive property of Princeton FZ. No reproduction is permitted without the express written consent of the publisher. Princeton FZ might grant permission to utilize in part the research published on its website or in its reports for recognized educational purposes of qualified universities or similar institutions when requests are made prior to utilization. Individuals, corporations, institutional or brokers within the financial community are strictly prohibited from reproducing in part or in whole any published materials of Princeton FZ, its affiliates, associates or joint venture partners. Anyone wishing to apply for such permission must do so in writing for each and every such use. Princeton FZ does not waive any of its rights under international copyright law in regard to its research, analysis or opinions. Anyone who violates the copyright of Princeton FZ shall be prosecuted to the full extent of the law.

The information contained in this document is NOT intended for speculation on any financial market referred to on this website. Princeton FZ makes no such warrantee regarding its opinions or forecasts in reference to the markets or economies discussed on this website. Anyone seeking consultation on economic future trends in a personal nature must do so under written contract. This is neither a solicitation nor an offer to Buy or Sell any cash or derivative (such as futures, options, swaps, etc.) financial instrument on any of the described underlying markets. No representation is being made that any financial result will or is likely to achieve profits or losses similar to those discussed. The past performance of any trading system or methodology discussed here is not necessarily indicative of future results. Futures, Options, and Currencies trading all have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these complex markets. Don’t trade with money you can’t afford to lose and NEVER trade anything blindly. You must strive to understand the markets and to act upon your conviction when well researched.

CFTC Rule 4.41 – Any simulated or hypothetical performance results have certain inherent limitations. While prices may appear within a given trading range, there is no guarantee that there will be enough liquidity (volume) to ensure that such trades could be actually executed. Hypothetical results thus can differ greatly from actual performance records, and do not represent actual trading since such trades have not actually been executed, these results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight and back testing. Such representations in theory could be altered by Acts of God or Sovereign Debt Defaults. It should not be assumed that the methods, techniques, or indicators presented in this publication will be profitable or that they will not result in losses since this cannot be a full representation of all considerations and the evolution of economic and market development. Past results of any individual or trading strategy published are not indicative of future returns since all things cannot be considered for discussion purposes. In addition, the indicators, strategies, columns, articles and discussions (collectively, the “Information”) are provided for informational and educational purposes only and should not be construed as investment advice or a solicitation for money to manage since money management is not conducted. Therefore, by no means is this publication to be construed as a solicitation of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any such investment.