Read This First!

"The Magic Forex Robot That Took Me From Being
A Broke And Humiliated Loser To
A Self Made Multi-Millionaire Living In Paradise"

"And *DAMN* It's 100% Always Profit For 10 YEARS Straight Already WITHOUT Even Lifting A Finger!

Dear Friend

The purpose of this letter is to share with you the number one secret to my success, as taught to me by my Grandfather I Dewa Made Indra.

In order for me to really convey this ,In order for me to really convey this lesson to you, I'm going to have to share some really ugly details about my ''past life" that are at best, unflattering.

"Here Is The Proof Of Forex Auto Success
Backtest Result In 10 Years!"

"Here Is The Proof Of Forex Auto Success
Live Trading Result!"

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"Total Profit $2,860,011
Only In 90 Days!"

 

True..

All this $2,860,011 is REAL MONEY

Not demo account or backtest result...

But this is real money than can buy real goods...

Produced by the century's most robust, profitable and easy to use forex robot!

"WAIT Before You Continue,
Please See This Welcome Video!”

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"Who Am I?"

My name is Bambang Sugiyono and I am a professional I.T. programmer and the head developer of the most accurate and profitable Forex robot in todays market - Forex Auto Success.

"I Was Once Very Poor That
No One Wanted To Be My Friends"

No kidding.

I pretty much gave new meaning to the phrase "Black Sheep".

I was actually homeless for a while ...living off handouts from friends and family.

See, back in 1994 I lost (literally) everything I owned in a flood. I had just under 5 feet of water come blasting through my house ...cracking the walls and totally submerging my car.

All I was able to escape with was a half a bottle of wine, a guitar, and my two dogs. (Plus the clothes on my back.)

I had nowhere to live and was forced to live on friends' couches for a while before my family was finally able to rent a place:

"A Single-Wide Trailer On A Cattle Farm In Bali"

It wasn't much, but at least we could stay there.

I'd even started attending classes at a local state college.

"But"

See, back then, my family was really poor.

A "normal" day would have me waking up at about 3:00 in the morning making tofu to sell it.

I was the only guy in the family ...so I had to support my family.

After all ...my high school friends were just graduating from college.

Some of them were entering medical university or law university.

...And there I was.

Living in a trailer in the middle of nowhere...broke, and living a life of blatant destructive excess.

Fortunately I was a genius and I got A in many classes that I attended so I got full scholarship to a programmer university.

"But Amazingly, It Actually Got Worse"

My father got sick, and I had to pay for the medical bill.

I had a part time job at a fast food restaurant and still attending classes.

Well you know how much I could get from just working part time ar a fast food restaurant.

And amazingly I still had to support my family, pay my father's the medical bill, and of course support my self.

I had to find additional income which I could work any time I want.

So that left me with only one alternative. You guessed it.

"I Joined A Multi Level Marketing Business
And Failed"

Well I didn't have a choice.

So I joined a multilevelmarketing business to get additional income.

But then I failed, as this business is to hard for me anyway.

"What Else Could Go Wrong"

I had just enough money to eat once everyday.

I remember sitting on the side of the road waiting for people to left their meal on the chair, so that I could eat them.

No kidding.

I remember sitting on the side of the road wondering if anything else could possibly go wrong. I
had about $3.00 in my pocket, no credit cards, and no cell phone.

Needless to say, my life was very terrible.

And I remember clearly thinking "Damn, I hope somebody gives me some food or else
I'm really screwed here.
"

Can you imagine being this much of a loser?

I mean - this was me. It was actually me living that life and experiencing that pain, humiliation,
and desperation ...all as a result of being very poor.

"The Day It All Turned Around"

Then one day, I remember my grandfather saying NEVER EVER QUIT.

His exact words to me were this: "You can do anything you put your mind to as long as you
never quit. You can never give up.
"

I was an I.T student who knew much about programming.

So I'm looking for some opportunities with the area of my expertise.

Then I saw a very big opportunity in forex, and I studied everything about forex.

After I studied more about forex, I understood that trading forex can be done automatically by using a forex robot which is a software that can be used to replace human being to trade forex automatically.

"And..."

With my programming skill, it wasn't really easy, but I was succeed to make a forex robot that can fulfill all my needs

At that time, It's still very rare traders who were using forex robots in the world.

Then I emailed all forex traders who were still trading manually.

I offered them a forex robot that can automate their trading and replace them.

Because the demand of forex robots was exploding, then I gathered very smart ,very talented, and very genius programmers to join my team and helped me to make forex robots according to their requests!

"Years Passed By..."

The best forex robot I had ever created at that time had only 90% accuracy...

I was very curious why the accuracy was only 90% and why the trading result was very inconsistent every month...

Sometimes 70%...

Sometimes 80%...

Sometimes 100%....

Even the accuracy could went down until 20% if the forex market condition weren't suitable with it's algorithm.

There was one month, the forex robot suffered a very big loss until the profit which was gained from 3 months before, GONE.

Then me and my team started to research how the metatrader works and find the weakness of the metatrader to perfect this forex robot.

"Until ONE NIGHT..."

When me and my team opened and saw all the movement of all the currency pairs at the same time since forex had been traded online until now, we were surprised.

Because all the movement of the currency pairs had "the same language" which made an algorithm which was originated from a certain formula...

Which that formula can know the movement of the price a few minutes before the price moves because metatrader is data sent from the real trading floor until and it's certain that the movement of the price in that trading floor happened a few minutes before the movement of the price is diplayed in your metatrader.

This forex robot can capture data transmission language from the real trading floor to metatrader 4 and this forex robot knows exactly 100% where the movement of the price will happen, that's why my forex robot can trade 100% always profit!

That's why this forex robot can work in any market condition!

And then I named this forex robot...

"Forex Auto Success"

100% Automatic And Hands Free

100% Always Profit

Profits On Live Account

No Brain Required

No Loss

No B.s

1 Click Installation

Can Be Used In Any Market Condition

Starts With Any Amount Of Capital

Works With Any Broker

Very Low Drawdown

Recession Proof

100% Legal!

"This Is The Life Forex Auto Success
Has Given To Me!"

A Mercedes Benz C250 AVG CGI Worth $75,000
+
A Big House Worth $350,000

 

"See My Video In My House And
Me Driving My Mercedes Benz C250!"

Video 1: In My House Worth $350,000

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Video 2: In My Car Worth $75,000

 

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And I learned another lesson as well from my grand father....a very important one, and I want you to listen very closely here.

"BIG Money Is Made NOT By Working Hard But By Working SMART!"

I know...

Yes...

This contradicts everything most people have been trained to think: work hard and you will reach your goals in life

Well...

Let me ask you this how many people do you know that work all month long 12-14 hour days and barely bring home a $3,000 paycheck?

I bet a lot!

Now, how many people do you know that bring:

"Automated Income While You Sleep? $1,000...$2,500...$7,000 Profits Without Lifting A Finger? Unlimited Cash?"

I bought my first home that year for $90,000.

In 2001, we moved into a new home for around $120,000.00.

In 2004. we moved again. This time into a bigger home with a pool that cost us around
$200,000.

In 2006, I moved my family to Jakarta so my children could get better education.

We arrived, as a family, by private jet.

I woke up this morning in a house I bought for 350 hundred thousand dollars.

I don't have a "job" in the world and I still get millions.

And I believe anyone can do this like me.

"The Advantages Of Trading Forex Are Obvious"

Low Startup - You can start with as LOW as $50!

Huge Market - $3 TRILLION traded around the world every day (Actually, the Forex market is bigger than ALL the world stock, bonds, and futures markets combined!)

24/5 Non stop action - 24 hours a day 5 days per week (Monday through Friday)

Volatile - The most volatile market in the world...what does that mean? HUGE opportunity every moment of the day

Low Cost - While with stock trading, futures and options you pay spread plus commission, with Forex your only cost of trade is spread (that can add up to A LOT!)

No Cornering - Unlike any other markets, it is IMPOSSIBLE to corner the Forex market....and, no matter how many people trade with the same robot its efficiency and profitability will remain intact (HUGE plus)!

Up & Down Profit from rising and falling prices - you don't care which way the market goes. Ohhh...and, unlike with the US stock market, you don't have to wait for an up-tick for shorting!

No Size Limit Trade as BIG or as SMALL as you want! - This is something that ONLY the Forex market allows you.

"Install Forex Auto Success In Under 5 Minutes...Fire It Up...Go To Sleep...
Collect The Cash!"

We actually released the Robot to a select group of people...we wanted to make sure that it is not only US who think that Forex Auto Success is the ultimate most easy to use money making machine.

We wanted normal people, people without experience (people like many of those reading this letter now) and without Forex knowledge to test the Robot and our claims

"You Need To Know ABSOLULTELY NOTHING About The Forex Market Or Forex Trading To Benefit Day In And Day Out From Forex Auto Success's Cash Producing Power..."

All you need is to know how to download a program (actually, most of that is also taken care for you!) and thats it!

Forex Auto Success actually installs alone...you don't even have to do that.

Here is the thing... we are aware of the fact that many people are not very good friends with technology... hence, we really took the time and produced the most easy to install robot you will find.

You will actually be amazed when you see how easy and fast it is to get up and running!

But thats not all... Once Forex Auto Success is installed you can actually forget it exists... and unless you look at the new dollars in your account every day, you would actually forget it exists!

As you can see, getting up and running is as easy and fast as downloading an email attachment!

"We Are Giving A Select Group Of People The Opportunity To Live The Dream That EVERY Single Trader In The World Has: Trading With An Automatic Robot That Doubles Cash Every Month!"

 

I've made total profit of $179,893.91 in 3 months using initial deposit of only $10,000

The Forex Auto Success forex robot is very easy to use and install, which is great for beginners ...

This isn’t the same forex robot you read about on other websites all the time...

This forex robot is REAL! I've made total profit of $179,893.91 in 3 months using initial deposit of only $10,000!

The best part is.....

The Forex Auto Success works 100% AUTOMATIC and IT IS 100% ALWAYS PROFIT!

I can't believe your actually releasing this "CRAZY" stuff, I thought you were gonna keep this forex robot to yourself forever!

The Forex Auto Success forex robot is the biggest 'no-brainer' of all time for anyone who wants to make BIG MONEY from forex trading!

 

 

 

Profit $7,300.27 in my first week!

I was really struggling to make money from forex trading...

I had bought many other forex trading courses and robots in the past that did not make money from forex trading at all.

After using the Forex Auto Success forex robot and using only initial deposit of $1,000, I made about $2,300 profit in my first day.

Now it’s been a week, and I made total $7,300.27 in profit!

 

 

 

Total Profit of $19,529.73 In Just A Month Using Only $2,000 Initial Deposit!

I wanted to write and send you a HUGE thanks!

Your ForexAutoSuccess forex robot has made me total profit of $19,529.73 in just a month using only $2,000 initial deposit!

ForexAutoSuccess is definitely worth at least 10x the price you are charging for it.

 

 

 

"I've Been Able To Earn $12,841.51 A Month Using Only $1,000 Deposit!"

I’ve been trying to make money from forex trading for the past year now...

Even after spending thousands of dollars on every forex course and robot, I still found it difficult to earn even a hundred dollars a month.

It was disheartening.

Then I heard about Forex Auto Success the 100% always profit forex robot.

I was skeptical at first, but I purchased anyway... and it has been the best thing that ever happened to me.

I’ve been able to earn $12,841.51 a month using only $1,000 deposit.

Thanks a lot!

 

 

Forex Auto Success isn’t just a great trading product, it’s a complete income solution.

The biggest problems people have when searching for an income solution are that they don't have the required amount of time and/or money to invest in order to achieve success (or find something that actually WORKS!).

Pay close attention:

There is no other income opportunity on this planet that:

Requires so little of your investment (can start with as little as $50)

Requires absolutely no time commitment (set it...forget it!)

Results can be seen and ENJOYED within minutes of starting

There is LIVE proof of what your future will be!

Me and many other Forex Auto Success owners are...

"Living The Dream Of Automatic Cash..."

 

"Freedom To Do What We Want..."

 

"Piles Of Money To Buy What We Want..."

 

"Vacationing WHEN We Want Rather Than When We Can..."

 

"Forex Auto Success Compared To Other Forex Robots"

"So, What Am I Going To Get?"

1. Forex Auto Success Metatrader Version

 

 

The 10 years no Loss income solution that will put money into your pockets every single month like clockwork! Automatically and as safe as a trading bot ever could be!


Includes: + Setup files And 1 Click Easy Installation + Ongoing Updates For Life!!

 

2. Forex Auto Success Video Tutorial

 

We recorded step by step video tutorials so you can easily understand how to setup your money making solution quickly and easily!

 

3. Forex Auto Success: Best Customer Support Team

 

 

We have trained our support team so that any questions asked will be answered correctly and quickly.

 

The customer is king is our highest priority.. you will be treated in a friendly and understanding manner (unlike what you are probably used to).

 

But our clients merit the best not only with the highest standards in our product but in our support team as well.

 

You will get qualified and quick answers to all questions and should the need arise we are even willing to take you by hand, takeover the machine of yours (your pc via remote control!) and install Forex Auto Success for you!

"Sounds Incredible, But What's All This Going To Cost?"

The price is the best part.

Forexautosuccess is a HUGE PROJECT, that it took us well over thirteen years.

Do I regret the time spent?

Not for one second!

Before we talk about that, let's break down the value that you will get first:

Forex Auto Success

100% always Profit Forex Robot For More Than 10 years!

 

Value:

Forex Auto Success Coding And Programming - We Paid 10 Programmers, $150 per hour, 8 hours A Day, 5 Days A Week. It took us 12 Months To Complete The Project! $720,000
Forex Auto Success Support Team - We hired 20 people. This is incomparable to how people are treated nowadays, to make sure that we meet the highest of expectations! $20,000 / Month
Forex Auto Success Member Area, Scripts Website, and Video Tutorials - We have created highly secured member area, hackers and thieves free. Step By Step Video Tutorials To Setup Your Money Making Machine! $25,000
My Personal Time - I have spent 12 months on the project working EVERY DAY with 10 popular programmers! People paid me $650 / hour as a forex programmer. And I have spent around 1,000 hours for this project.! $650,000

Total Value:

$1,395,000 + $20,000 / Month

 

"Sounds Cool, But How Much Money Is This Forex Auto Success Will Make For Me?"

It takes just a few hours to make $20,000 profit once you've installed Forex Auto Success...

Ok, if that's too much, let's say you can just make $5,000 in a week... In 4 weeks, you'll get $20,000.

That's a 20,000 monthly income!!

That's over a 240,000 WITHOUT WORK!

And believe me, you can get more than $240,000 a month easily using Forex Auto Success forex robot!

I think we both agree an extra 20 thousand bucks a month is going to seriously improve your life...

So seriously, how much would you pay someone today to be handed a $20k/month business?

Well, I don't know about you, but if someone offered me a $20,000 a month business for even as much as $10,000, I'd be climbing over people to get to it...

"Well..."

More important than everything...

Our main income does not come from selling to you Forex Auto Success.

No...

As you have already seen, we make A LOT of money by trading it.

No matter how many copies of the robot we sell, we will never even come to a fraction of the profit we generate by trading it on our own live accounts!

Further...

Every single cent from the sale of Forex Auto Success goes directly to it's trading.

That is what you can call “they are confident in their product” and “they put their money where their mouth is”!

Throughout the last few days many people have been asking about the price of Forex Auto Success.

Some people even thought that it will be priced in the $10,000's.

Both you and me know that charging $10,000 for this robot is a good price. And this is not just some “marketing” B.S. trying to inflate the value of the product.

If a Forex Robot can turn $6,000 into $2,500,000 in 3 months (as you have seen in the live account proof earlier)....there is absolutely no reason to NOT charge such a price tag.

Now...

The problem of charging a high price tag is quite simple.

Most people (I am talking of over 90% out there) would not have the necessary funds to get a copy of the Robot.

They lose because they do not have the chance to trade Forex Auto Success....

I lose because I don't get more funds to put into my Forex Auto Success live account....bottom line, bad business for all of us.

Hence, we decided on a middle ground: a $5,000 monthly subscription.

That is fair...

"Why?"

Most can afford it, and since Forex Auto Success can make that type of profit in a day or less, the subscription price would actually be paid by the profits the robot generates.

We all win!

You get Forex Auto Success for a great affordable price, I get income to trade my live accounts and everyone is happy.

"However..."

Because this is the official launch of Forex Auto Success, I am going to do something great here...something unheard of.

I am going to charge you a one time payment of only $5,000 $2,997, no recurring billing...nothing!

"Why Am I Doing This?"

Quite simple.

Because Forex Auto Success is new and I want to show EVERYONE that it is the absolute best robot in the market.

I want the word to spread out as much as possible.

I want to create a great name for this product.

It is not enough that I know it is a great product, a cash pulling machine....

I want everyone else out there to know it as well...to profit from it as I do day in and day out!

"Why Am I Selling Forex Auto Success Forex Robot With A Very High Price Compared With Other Cheap Forex Robots Out There Even I've Become
A Multi-Millionaire Now?"

1. Of course to get richer. Why not selling the Forex Auto Success forex robot with a very high price if it has changed my life and made me become a millionaire?

2. Every single cent from the sale of Forex Auto Success goes directly to it's trading.

So, why not sell it with a very high price compared with other Cheap forex robots as my income comes from trading?

That is what you can call “they are confident in their product” and “they put their money where their mouth is”!

And you should be careful, if somepeople say their forex robots or trading system make millions and then they sell it with a very ridicoluously low price like $100+ or even LOWER.

It's obvious that their main income ONLY come from SELLING their forex robots NOT from TRADING them!

3. Of course, I don't want this Forex Auto Success gets into the wrong hands and get cracked, then they sell this Forex Auto Success, only because the price is too low and everybody can buy it.

"But This Offer Is Very Limited..."

The special introductory one time payment price of $5,000 $2,997 will be available ONLY DURING THE LAUNCH PERIOD.

After the first 99 orders, the price will goes up to $5,000 monthly subscription WITHOUT ANY NOTIFICATION.

And Forex Auto Success will never be offered again after the first 199 orders WITHOUT ANY NOTIFICATION.

In other words, if you buy Forex Auto Success now you will only pay only one time payment of $2,997 and you will never be charged again, ever.

You will enjoy ALL the benefits that people who buy the product after the launch at the new recurring billing pricing model will enjoy but for a fraction of the price...One Time RISK FREE Investment Of Only $5,000 $2,997!

"Well, I Know That Not Everyone Can Afford
One Time RISK FREE Investment Of Only $2,997,
So, Here's The Deal!"

You can look at the product and really use it for free for about 90 days and if you get great results from it or if you think it's awesome, don't do anything and I will bill you only:

1. One Time RISK FREE Investment of $5,000 $2,997...

"Or"

2. Two Times RISK FREE Investment of $5,000 $1,997!
First, I will bill you $1,997 at the end of 30 days and Second, I will bill you $1,997 after 90 days).

Remember, after the first 99 orders, the price will goes up to $5,000 monthly subscription WITHOUT ANY NOTIFICATION.

And Forex Auto Success will never be offered again after the first 199 orders WITHOUT ANY NOTIFICATION..

But know this: I'm not kidding about the limited number of packages I'm willing to sell.

Plus...

"90 Days 100% No Questions Asked
Unconditional Money Back Guarantee"

 

90 Days 100% No Questions Asked Unconditional Money Back Guarantee

Try Forex Auto Success for a whole 90 days...

I'm completely confident that Forex Auto Success is the exact thing you need to finally get your profit from forex trading......

In fact, I'm so confident, that I'm prepared to let you try it risk free for an entire 90 days...

This way, you get peace of mind, and I do too...

You see, I don't have to worry that you're at all unhappy with your purchase, because you can get an easy refund at any point in the first 90 days...

So, you're free to download the whole thing, and try it out.

And if you are not happy with Forex Auto Success for any reason, no problems at all...

Just contact me at refund@forexautosuccess.com with the subject "Refund" and...

You'll get every red cent refunded to you.

No hard feelings.

No questions asked, No "on-hold" phone calls, "surveys" or "conditions" of any kind.

You can even keep what you've downloaded!

And that's set in stone.

Now I'm sure you've bought Forex products before, and you don't need me to tell you how rare this kind of guarantee is...

I just wanted to make it clear to you that this is a completely no-risk purchase.

So act now - take advantage of me and get Forex Auto Success for this ridiculous price... with absolutely zero risk!

And don't forget... the price is going up to $5,000 monthly subscription after the first 99 orders, and you'll never see this Forex Auto Success forex robot offered again after the first 199 orders!

Bambang Sugiyono

 

 

"But You Have To Hurry..."

Because there are over 100,000+ people already on the waiting list who see this offer right now the moment you see this offer too + Another 10,000+ people who promote this website, which means that half of you won’t be fast enough and will miss out on the opportunity to own this life changing forex robot!

 

"Now, You Have 3 Options..."

Close this page, forget this offer, and get scammed for hundreds or, even worse, thousands of dollars of your hard earned money by some of those shady forex robots and forex guru wannabes that again promise to double or triple or even "lol" quadruple (!!) your account overnight, only leaving you with empty pockets, but a lesson well learned.

And THEN you'll come back for the real deal (at the standard regular price of $5,000 monthly subscription) or worse!

You come back with high hopes only to find out that this website has been closed and closed for good.

Because make no mistake, Forex Auto Success will be traded by dead serious forex money makers and millionaires.

In fact, we have been offered several hundreds of thousands of dollars for exclusive, behind the scenes deals NOT to release Forex Auto Success at all!

You can take your chance right here, right now.

Download Your Copy Of Forex Auto Success right now while we are in Beta Selling Phase and secure yourself the safest and therefore by far the most profitable forex solution on the planet at a ridiculous low price.

 

This is no child’s play here folks!

 

This is dead serious!

 

Forex Auto Success will be traded for years to come, generating millions of dollars of income.

 

Unfortunately, not only for the little guys but also for fund managers and big forex companies.

 

The question is, are you in this inner circle?

 

Will you be part of the winning elite that is going to look back in a year from now and who can say: Thank God I made that little investment.

 

This is in fact not a payment; it's an investment into your future that will pay for itself a thousand times over...

 

 

 

 

See you in the member area.

 

Sincerely,

Bambang Sugiyono

 

PS: Listen closely: we will not keep the doors open after the 199 copies have been sold!

You're either in for a ton of money, thousands of effortlessly earned dollars (literally wake up every morning and see new, fresh money in your account!) or left behind, head-butting the wall after reading about the enormous gains other people are making, gains that you could have been enjoying as well.

 

I have explained extensively throughout this letter why we MUST limit the number of copies of Forex Auto Success that we sell. You need to understand why we have to do this. We have learned from the past and we will not take any risks that might harm the money making potential of our "Golden Goose" so take action now!

 

PPS: Remember, the risk here is totally on us. A 90-day no questions asked money back guarantee protects you fully, so there is no excuse for not giving it a try, even if you’re still skeptical. Either I deliver on my claims and set you on your way to financial freedom within those 90 days or I don't and you get a Full, no questions asked refund. Either way you cannot lose.

 

 

 

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Privacy Policy - Earnings Disclaimer

U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer; either us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

Clearly understand this: Information contained in this product is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional who will verify what is suitable for your particular needs and circumstances. Failure to seek detailed professional, personally tailored advice prior to acting could lead you to acting contrary to your own best interests and could lead to losses of capital.

*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. IN ADDITION, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT OF ANY OF THE CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.