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Reverse Motion LLC is the exclusive software provider and technical designer for the Reverse Motion (RMX) automated trading system and is independent of any Futures or Securities brokerage firm or Futures or Securities exchange. Reverse Motion LLC cannot be held in liability for any financial losses whatsoever that may incur in the financial markets for the use and execution of the Reverse Motion software by the paid subscriber or by any user of the software. When trading Futures the risk of loss can be greater than your initial investment. Upon opening a Futures account we highly recommend that all Risk-Disclosure documents provided by your Futures broker be thoroughly reviewed and understood carefully before initializing actual trading using the Reverse Motion software in the Commodity Futures market. Past performance of the system is not indicative of future trading results. Results may vary and losses may exceed that of your initial investment balance. Reverse Motion LLC is solely mandated to provide software and service necessary to implement the automated Reverse Motion system with available trading platforms or with any associated brokerage firm that may partner to offer the automated system to their clients, we in no way will be held responsible for brokerage fees offered to the subscriber by the affiliated broker, service or accounting fees or any other charges that may be levied to the subscriber’s futures account with the affiliated brokerage firm. Reverse Motion LLC cannot be held responsible for any wrongdoing, misrepresentation, negligence or any criminal activity caused by an agent or agents employed or associated with any affiliated firm be it a brokerage firm or any entity associated with Reverse Motion LLC and its services and products. All intellectual, copyright and licensing rights are owned exclusively by Reverse Motion LLC and its partners. Any dissemination or reproduction of any information whatsoever of the Reverse Motion automated trading system, be it electronic or written or in any format of dissemination, to any person or entity, without express written consent of Reverse Motion LLC is strictly prohibited. Reverse Motion LLC reserves the right to automatically cancel or suspend subscription to the Reverse Motion automated system without reimbursement should any provisions or stipulations expressed herein be infringed in any form or measure by the user(s). CFTC OFFICIAL TEXT: Limitations of Hypothetical Trading Results- Hypothetical results do not reflect the results of any actual trading whether they are based on historical data or simulated "real time" trading. In other words, there is no actual futures account, no actual investment, no actual trading, and no actual profits. The hypothetical results are purely the product of simulation.
- 20/20 hindsight with historical results: since the trading systems that produced the results were not actually traded under real market conditions, the purported results fail to take into account market circumstances that affect traders and their decision-making process, such as anticipated news events that could have an impact on the supply, demand, or price of the commodity.
- Real-time is not real: when marketing trading systems, some promoters claim that their systems have performed successfully in "Real-time Trading." This means only that the system has been tested using a live data-feed, rather than being tested using historical market data.
Remember though that in real-time trading, no trades have actually been placed in the market. Performance results based on real-time trading are merely another form of hypothetical results, with the same limitations. - Financial limitations: hypothetical results may not adequately take into account the ability of a trader to absorb trading losses or to meet margin calls. Trading systems assume that the trader can withstand all losses generated by the system and can meet resulting margin calls. It is much easier to absorb a trading loss on paper (hypothetically) than to do so in reality. Many traders find it unacceptable to sustain several consecutive trading losses and/or margin calls. Moreover, in an actual trading environment, a trader's financial condition may change over time and affect his or her ability to continue following a trading system.
- Not tested under real market conditions: hypothetical trading results assume that futures contracts have been bought and sold at specific prices. Since these assumptions have not been subjected to actual market conditions, they may overestimate or underestimate the performance of a system. Some market conditions may make it impossible to execute a trade; for instance, many systems assume that stop-loss orders will be executed at their stop price. Under actual market conditions a stop-loss order might be executed at a better or worse price, or not be executed at all. Actual market conditions include bid/ask spreads which might not be reflected in the prices used in hypothetical trading. Moreover, the actual execution of a trade could impact the price paid, especially in less liquid or illiquid markets.
- Possible rigging of results: you should be alert to the possibility that the system promoter manufactured results by selecting historical trades that would have yielded the greatest returns.
- Trading and system costs: profit claims of promoters may fail to take into consideration the cost of purchasing or leasing a trading system. While the prices of systems vary, many are sold for thousands of dollars and most of these systems require that the user obtain a data feed from a vendor.
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