• Trading carries a very high level of risk. Individuals with limited financial resources, a low level of investment/trading experience and/or a low risk tolerance should, in general, not engage in active trading. If you choose to do so, it is imperative that you are aware of the risks of losing all of the funds that you invest in your trades. Accordingly, it is strongly advised that you do not finance this type of trading using irreplaceable funds such as retirement savings, student loans, second mortgages, emergency funds, education funds, savings set aside for home ownership or living expenses.
  
  
• i-GEN AG accepts no liability for the software and products offered via its website or elsewhere nor for any error or loss occurring as a result of their use. Please refer to the Terms of Service Agreement.
  
  
• Be wary of claims promising large profits. You should approach any kind of advertisements or other statements that highlight the potential for deriving large profits from active trading with caution. In reality, active trading may lead to few or no profits and can, in many instances, result in the very rapid incurrence of large financial losses.
  
  
• Sophisticated knowledge of securities markets is required for active trading. To engage in active trading, it is essential you have an in-depth knowledge of securities markets as well as command of sophisticated, disciplined trading techniques. In the market, you will be competing at all times against professional, licensed traders employed by securities firms as well as independent traders with a high level of knowledge, experience and training.
  
  
• Thorough knowledge of your broker’s operations is vital. The quality and consistency of the order execution services you use plays a very important part in successfully executing active trading strategies. Irrespective of whether you use the services of professional brokers or electronic systems, the strengths and weaknesses of your chosen brokerage system and the methods and processes it operates will have an impact on your level of success. Before you engage in active trading, it is important that you develop a thorough knowledge of these matters.
  
  
• Active trading may result in you paying large commissions. Each trade you make incurs commissions which you must pay. A higher level of trading activity will increase the impact which commissions have on your profits.
  
  
• Short selling or engaging in active trading on margin may lead to losses beyond your initial investment account amount. Whenever actively trading with borrowed funds, it is possible to lose more than you originally placed at risk. Any fall in the value of purchased securities may result in your needing to access additional funds, or of other securities or collateral in your account being used, in order to avert forced sale of those securities. Employing short selling as part of your trading strategy may also lead to large losses because of the need to purchase securities at very high prices in order to cover a short position.

To recap, active trading is not a game. Inexperienced traders or individuals with insufficient resources and time are strongly advised not to engage in active trading. Being involved in trading is something which requires a serious commitment. It is something that should not be undertaken if you are unable to deal with high risk and high stress well, nor if you are unable to constantly follow objectively formulated trading strategies and approaches with discipline.