PLEASE READ CAREFULLY THE FOLLOWING DISCLAIMER BEFORE ORDERING APS

The trading systems and patterns developed using APS (Automatic Pattern Search) software do not and cannot guarantee that you will make profits,  or minimize losses of new or existing market positions. Any trading systems developed or included in the software are intended merely as examples and none is recommended. Note that results based upon hypothetical or historically-tested trading systems do not necessarily compare to results of actual trading. No hypothetical or historical trading record can completely account for all risk factors present in actual trading. There is no guarantee that any hypothetical or simulated trading results will produce comparable actual trading results. On the contrary, there are many known and unknown factors which may contribute to wide deviations between hypothetical and actual trading results, such as market liquidity and human emotions. Trading involves substantial risks, including possible loss of principal and other losses. The APS software is designed to provide a training tool for trading system development. It is licensed to you with the understanding that Tradingpatterns.com is not engaged in rendering any investment or other professional advice. If investment or other professional advice is required, a licensed professional should be consulted. No Tradingpatterns.com employee, agent or representative is authorized to provide any such advice, and any such advice, if given, is in violation of Tradingpatterns.com policy.

"HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY BE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY SYSTEM DEVELOPED USING THE APS SOFTWARE WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN BY THE SOFTWARE"

Use of any software sold by Tradingpatterns.com is the sole responsibility of the buyer. Past results are not necessarily indicative of future results and, therefore, it should not be assumed that use of the software will result in trading profits. Tradingpatterns.com makes no claim that use of its software can result in trading profits and its directors, employees or assigns cannot be held responsible for any trading losses occurred as a result of the use, or inability to use, the  software sold via this  web site. Any type of trading activity, such as futures, options, currency or stock trading, involves substantial financial risks. Short-term and day trading are only suitable to those having a full understanding of the risks involved and can afford to lose.