Stop those stop losses: A common sense approach to risk management - ITC 2008 presentation

Legal disclaimer and risk disclosure

Any opinions expressed by representatives of DayForex as to the future direction of prices of specific currencies are purely opinions, do not necessarily represent the opinion of DayForex, and are not guaranteed in any way, neither is it a solicitation to invest in any specific currency. In no event shall DayForex have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided verbally or via the internet, or any delays, inaccuracies, errors in, or omissions of information. In addition, there are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since DayForex or any of its clearing brokers do not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. This brief statement does not disclose all of the risks and other significant aspects of trading in leveraged investments. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into which you are entering and the extent of your exposure to risk. The high degree of leverage that is obtainable in forex trading because of the small margin requirements can work against you as well as for you. The use of leverage can lead to large losses as well as gains. This brief statement cannot, of course, disclose all the risk and other significant aspects of the foreign exchange market. You should not deal in the foreign exchange market unless you understand the nature of the trades you are entering into and the extent of your exposure to risk.