|Rules (20 Apr 2021)
RULES, DISCLAIMER AND AGREEMENTS
Price Action Trading Course Disclaimer
I agree to the Disclaimer of the National Futures Association (NFA), based on regulations from the United States Commodity Futures Commission (CFTC):
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
In addition to the Disclaimer above, I also agree to the following terms:
I understand that Commodity Futures Trading and Options trading has large potential rewards, but also large potential risk. I am aware of the risks and be willing to accept them in order to invest in the futures and options markets. I will not trade with money I canít afford to lose.
This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
I understand that Al Brooks, Brooks Price Action, LLC, BrooksPriceAction.com, and BrooksTradingCourse.com are not responsible for any technical failures that may occur. I will notify BrooksPriceAction.com of any change in my email address.
I understand investing involves substantial risk, may result in serious financial loss, and is not suitable to everyone. I understand I am responsible for my own investment decisions.
Trading the financial markets WILL expose you to risk, and the potential loss of your money. Trading is difficult, and can take many years to master. In fact, most people never master trading, quitting through frustration or loss of funds well before they achieve success.
If you are not yet achieving consistent profits, then we encourage you to continue educating yourself on the business aspects of trading, risk management, money management, and trading psychology. And NEVER RISK MONEY THAT YOU CANNOT AFFORD TO LOSE.
As a guideline, traders who are not yet profitable should risk no more than 5% of their net worth. If they lose it, they should stop trading. If they want to continue to trade, they should then get professional advice to help reevaluate whether and how to risk additional capital. Also, a useful guideline is to not risk more than 1% on any one trade (https://www.investopedia.com/articles/forex/10/trading-capital.asp).
If youíre new to trading, then you ARE going to lose money. If youíre in this to simply make money, please just leave this website, quit now, and have a professional invest and manage your money. However if youíre doing this because of a love of the markets and a love of the challenge of learning to master them, and youíre willing to approach this in a businesslike manner with an appreciation for the management of risk, then welcome. We hope our websites and videos can help you on your journey. Of course, the way we trade is not necessarily right for you. None of our material should be considered advice. If you wish to try any of the concepts we talk about, test first in a simulation environment and do NOT risk any money in a live-trading environment until success has been proven. If you have any questions about this, please contact us via the contact page.
I understand Al Brooks, Brooks Price Action, LLC, BrooksPriceAction.com, BrooksTradingCourse.com, all guest contributors, and all employees may provide useful tools for making investment decisions, but is not a substitute for my own personal judgment. Any trading decision I make is my sole responsibility.
We do not recommend or endorse any specific trading system or method. We recommend that you research all trading systems, methods, and market strategies thoroughly.
You should carefully consider whether trading the markets is appropriate for you in light of your experience, objectives, financial resources, and other circumstances. We encourage you to first SEEK PROFESSIONAL ADVICE with regard to whether or not it is appropriate to your own particular financial circumstances, needs and objectives.
By using the material available on BrooksTradingCourse.com, BrooksPriceAction.com, or in any the material provided by Al Brooks, his associates, employees, or affiliates, you agree to the following.
The information available on our websites and any of our products is GENERAL COMMENT ONLY, for the purposes of information and education. We donít know you so any information we provide does not take into account your individual circumstances, and should NOT be considered advice. Before investing, day trading, on line trading, or any other type of trading on the basis of our material, we encourage you to first SEEK PROFESSIONAL ADVICE with regard to whether or not it is appropriate to your own particular financial circumstances, needs and objectives.
The fundamental concept is that you should NOT rely solely upon the information or opinions you read. Rather, you should use what you read as a starting point for doing independent research on technical analysis and trading methods. Then judge for yourself the merits of the material that has been shared in the BrooksPriceAction.com and BrooksTradingCourse.com websites and supporting materials.
We do not recommend or endorse any specific trading system or method. We recommend that you research all trading systems, methods, and market strategies thoroughly.
You should carefully consider whether trading the markets is appropriate for you in light of your experience, objectives, financial resources, and other circumstances.
These websites and their information are provided for guidance and information purposes only. These web sites, their content, and their products offered are not intended to provide investment, tax, or legal advice.
You should assume that every trade mentioned is hypothetical and simulated, as described in the National Futures Association Disclaimer above, and not necessarily an actual trade that Al took in a real account.
We believe the information we provide is correct. The information contained herein has been compiled from sources deemed reliable and it is accurate to the best of our knowledge and belief. However, we cannot make a guarantee as to its accuracy, completeness, and validity, and we cannot be held liable for any errors or omissions. All information contained herein should be independently verified and confirmed. All discussions regarding specific market trades are for illustration purposes only and do not constitute buy/sell recommendations.
Brooks Price Action, LLC, BrooksPriceAction.com, and BrooksTradingCourse.com do not accept any liability for any loss or damage whatsoever caused in reliance upon such information. We are not liable for any loss, claims, or damage incurred by any person, due to any errors or omissions, or as a consequence of the use or reliance on our website or products, or any information contained within and within any supporting documents, websites, and emails.
Brooks Price Action, LLC, www.BrooksPriceAction.com, https://BrooksTradingCourse.com, any owner, contractor, or employee is NOT any type of adviser, including a registered broker/adviser or Investment Adviser. Any and all communication, either written or verbal, are made in good faith, but should not be considered as specific buy/sell recommendations. All detailed discussions, written or verbal, are for illustration purposes only.
Reader agrees to indemnify and hold harmless Al Brooks, Brooks Price Action, LLC, www.BrooksPriceAction.com, and https://brookstradingcourse.com from and against any damages, costs and expenses, including any legal fees, potentially resulting from the application of any of the information provided by Al Brooks, Brooks Price Action, LLC, BrooksPriceAction.com, and BrooksTradingCourse.com. This disclaimer applies to any damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, or use of record, whether for breach of contract, tort, negligence, or under any other cause of action.
Reader agrees to assume all risk resulting from the application of any of the information provided by Al Brooks, Brooks Price Action, LLC, BrooksPriceAction.com, and BrooksTradingCourse.com.
By using these web sites, including any applets, software, and content contained therein, the visitor agrees that the use of these web sites and their information products is entirely at his/her own risk.
All mentions of specific stocks, market observations, general comments, written materials, or audio discussions on BrooksTradingCourse.com or BrooksPriceAction.com in internet web rooms are intended to provide educational content only and NO Recommendations for trading are implied from these sources.
Reference to any market, trading timeframe, analysis style, or trading technique is for the purposes of information and education only. They are not to be considered a recommendation as being appropriate to your circumstances or needs. The information is designed to help readers obtain trading education and discuss ways to trade the markets using technical analysis in the decision process. There are no warranties implied.
All charting and analysis platforms referred to or used in our articles and videos have been chosen because of compatibility with our screen capture software. These charting and analysis platforms are being used to demonstrate and explain a trading concept, for the purposes of information and education only. They are not necessarily used by us in our live trading, and are in no way recommended as being suitable for your trading purposes.
All chart layouts (including time frames, indicators and parameters) within our articles and videos are being used to demonstrate and explain a trading concept, for the purposes of information and education only. These chart layouts are not necessarily used by us in our live trading, and are in no way recommended as being suitable for your trading purposes.
Unless specifically stated otherwise, all trade setups and trades shown within our articles and videos are to be considered hypothetical, selected after the fact, in order to demonstrate a trading concept for the purposes of information and education only.
Viewers are advised that all information is for educational purposes only and is not to be construed as an offer to sell or the solicitation of an offer to buy. The opinions and analyses included are based on sources believed to be reliable and written in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness, or correction. Viewers are urged to consult with their own independent financial advisers with respect to any investment information contained on this site and should be independently verified with the companies mentioned. Al Brooks, Brooks Price Action, LLC, BrooksPriceAction.com, and BrooksTradingCourse.com owners or staff may or may not have positions in the stocks or products mentioned. In addition, Al Brooks, Brooks Price Action, LLC, BrooksPriceAction.com, and BrooksTradingCourse.com are taking no compensation of any kind from any companies mentioned.
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Use of Content
You may view and print contents from this site subject to the following conditions: 1) content used solely for your personal use; you may not forward download information to others; 2) content must bear proper attribution to BrooksPriceAction.com and BrooksTradingCourse.com websites; 3) content may not be modified in any way; 4) you may not copy any of the videos on the site beyond the single use that a paid subscription allows.
You may not republish, distribute, or otherwise use the content other than as explicitly permitted.
You may not frame or utilize framing techniques to enclose any trademark, logo, or other proprietary information (including images, text, page layout, or form) of BrooksPriceAction.com and BrooksTradingCourse.com without the express written consent.
All content included on this site, such as online videos, text, graphics, logos, button icons, images, audio clips, digital downloads, data compilations, archived recordings, is the property of Brooks Price Action, LLC, BrooksPriceAction.com, and BrooksTradingCourse.com, and it is protected by United States and international copyright laws.
Any controversy between you, BrooksTradingCourse.com, BrooksPriceAction.com, Brooks Price Action, LLC, Al Brooks, or person or persons affiliated with any of the above, shall be resolved by binding arbitration in Placer County, California by a mutually agreed upon arbitrator whose office is located in either Placer County or Sacramento County, California. If you file a court case or make any other legal filing regarding any dispute, it shall only be filed in Placer County, California. You agree that the judge shall dismiss the case and refer the dispute to the above described arbitration process. You waive the right to a trial by jury in any proceeding.
Third Party Material
This website, blog, and newsletter may contain content by guest authors. Any web links, or URLs, within any guest articles or videos are included as professional courtesy, and in many cases are publishing requirements. However, please understand that their article or video has been included in our newsletter, website, or blog simply because we believe that the article or video provides educational value for all traders. In no way are we providing an endorsement of the authorís website, newsletter, courses, or any other materiel, unless specifically stated. In addition, we are not liable for any loss, claims, or damage incurred by any person, due to any errors or omissions, or as a consequence of the use or reliance on any third-party website or products, or any information contained within.
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You agree not to post any abusive, obscene, vulgar, slanderous, hateful, threatening, sexually-oriented or any other material that may violate any applicable laws. Doing so may lead to you being immediately and permanently banned (and your service provider being informed). The IP address of all posts is recorded to aid in enforcing these conditions. You agree that the webmaster, administrator and moderators of this forum have the right to remove, edit, move or close any topic at any time should they see fit. This includes removing generally disruptive or divisive posts. As a user you agree to any information you have entered above being stored in a database. We generally keep all member information private and never sell e-mail addresses, but we reserve the right to release information as necessary to gain compliance for non-payment of paid subscription services. The webmaster, administrator and moderators cannot be held responsible for any hacking attempt that may lead to the data being compromised.
Rules may be modified at any time.