*The risk of loss in futures and forex trading can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in futures and forex trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. There are many different strategies in futures and options and significant considerations should be given to which strategy is appropriate for your particular financial situation. Some of the positions discussed on this website are positions carried on exchanges outside the US and carry with them their own unique risk considerations. Some of the positions discussed on this website are margined with Non-US currency which carries with it a different set of risk considerations. As with all trading strategies, past performance is not indicative of future results. All investments in the derivatives market should be made with risk capital only. The information provided in this website is believed to be accurate. The opinions expressed on this website are those of Herschel "Tres" Knippa.