One Time licensee fee $5,997.50 in order to receive access to the
STS TRADING SYSTEM
MONTHLY MAINTENANCE FEE
A $____ monthly maintenance fee will be required on all accounts. First six months will be waived.
THIS BRIEF STATEMENT CAN NOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE COMMODITY MARKETS HYPOTHETICAL RESULTS:
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 profits or losses similar to these being shown.