Top Gun Options LLC (collectively, the "Publisher") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies Readers should purchase or sell. The traders who produce content on website and via other media (collectively, the "Newsletter") are Independent Contractors (collectively, the "Editors")and employees or affiliates of Publisher may hold positions in the stocks, currencies or industries discussed here. The Publisher is not registered as an investment advisor with any federal or state regulatory agency. Rather, Publisher relies upon the "publisher's exclusion" from the definition of "investment advisor" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. The Newsletter is a bona fide publication of general and regular circulation offering impersonalized investment-related advice to subscribers and/or prospective subscribers (e.g., not tailored to the specific investment portfolio or needs of current and/or prospective subscribers).
Reader understands and acknowledges that there is a high degree of risk in trading securities and/or currencies. The Editors, the Publishers, and all affiliates of Publisher assume no responsibility or liability for Readers trading and investment results. Factual statements in the Publisher's Newsletter are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques, or indicators presented in the content will be profitable or that they will not result in losses. Past results of any individual Editor or trading system published by Publisher are not indicative of future returns by that Editor or system, and are not indicative of future returns. In addition, the indicators, strategies, tactics, columns, articles, and all other content of Publisher's Newsletter products (collectively, "the information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Publisher's website are for educational purposes only. Such content is not solicitations of any order to purchase or sell. Accordingly, Reader should not rely solely on the information in making any investment. Rather, Reader should use the information only as a starting point for doing additional independent research in order to allow Reader to form their own opinion regarding investments. Reader should always consult with a licensed financial, investment and tax advisor to determine the suitability of any investment. Before placing any trade you should consult with a licensed broker or registered investment advisor as well as read The Characteristics and Risks of Standardized Options. Please eliminate all stock names and symbols from communications with Publisher.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS ("PAPER" OR "VIRTUAL TRADING") IN THE MODEL PORTFOLIOS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL BROKERAGE ACCOUNT, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES AND MAY ALSO SEE SIGNIFICANT PRICE DISCREPANCIES. ADDITIONALLY THE TRADES HAVE NOT BEEN EXECUTED WITH REAL CAPITAL, AND THE RESULTS MAY HAVE UNDER- OR OVER- COMPENSATED FOR THE IMPACT OF BEING PLACED IN A VIRTUAL ACCOUNT. SIMULATED TRADING ACCOUNTS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT AND CAN BE TRADED PREMARKET IN SOME CIRCUMSTANCES FOR TRAINING. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE GAINS OR LOSSES SIMILAR TO THOSE SHOWN.
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