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Old 08-05-2017, 07:33 AM
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Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because these 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. No representation is being made that any account will or is likely to achieve profits or losses similar to these shown.

Recently I came across this testimonial on a vendor's site, quite candid and honest, wonder how many are around like this?
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Old 08-05-2017, 07:13 PM
rmike rmike is offline
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This is generally the 'regular disclaimer' when publishing results of simulated trading!!!
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Old 08-05-2017, 07:49 PM
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Originally Posted by rmike View Post
This is generally the 'regular disclaimer' when publishing results of simulated trading!!!

Many scammers dont bother with these, else it would jeopardize their business,
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Old 16-05-2017, 12:01 PM
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I guess this kinda disclaimer is required by law even in India. As such many people end up doing biz w/o proper SEBI registration or w/o proper disclaimers. But there have been many people who have been hauled up for operating against SEBI guidelines.

The main problem is that SEBI is not enforcing the laws and the rules as well as it ought to and hence tons of people are still operating unregistered tips services and trading advisories.

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