Nirvana Systems Disclaimer
Nirvana Systems Inc. (“NIRVANA”) does not provide investment or financial advice, or make investment recommendations, nor does it give trading advice tailored to any particular individual’s situation. NIRVANA’s Omni Trader University is an education service for investors and traders. Omni Trader University’s content (“OTU Content”) is designed, provided and presented to provide a training tool for the understanding of technical analysis of the financial markets and not a recommendation to buy or sell securities, nor an offer to buy or sell securities.
Neither NIRVANA nor any of its officers, employees, representatives, agents or independent contractors are in such capacities, licensed financial advisors, registered investment advisors or registered broker-dealers. No information provided in Omni Trader University Courses or on its website constitutes a solicitation, recommendation, promotion, endorsement or offer by NIRVANA of any particular security, transaction or investment. The purchase, sale, or advice regarding any security, other financial instrument or system can only be performed by a licensed industry representative; such as, but not limited to a Broker/Dealer, Introducing Broker, FCM and/or Registered Investment Advisor. All purchasers of Omni Trader University Courses are encouraged to speak with a licensed representative of their choice regarding the appropriateness of investing/trading or of any particular investment/trading strategy.
Trading stocks, mutual funds, futures, forex and options involves a high degree of risk including possible loss of principal and other losses. You must consider all relevant risk factors, including your own personal financial situation before trading. Options involve risk and are not suitable for all investors. See the Options Disclosure Document: Characteristics and Risk of Standardized Options
The use of any trading system or strategy, including any system or strategy included as a sample in, or that is or was developed using, any of the OTU Content, does not and cannot guarantee that you will make profits, increase profits or minimize losses. Any tools, strategies or systems included in the OTU Content are presented as examples of technical ideas that can be incorporated into a personally-designed trading system. You must use your own judgment or consult a professional for advice on such matters. No representation is being made that the OTU Content will guarantee profits in trading. Past performance, whether actual or indicated by historical systems testing, is no guarantee of future performance or success. Successful paper trading during one time period does not guarantee successful investing of actual funds during a later time period as market conditions change constantly.
Additionally, trading results based upon hypothetical or historically tested trading systems do not necessarily compare to results of actual trading. No hypothetical or historical trading record can completely account for the level of risk present in actual trading. Numerous factors relating to market conditions, human error, human/emotional reaction to losses during actual trading, inherent limitations of certain hypothetical or historically-tested models, particularly ones that do not operate at the "tick" (as opposed to open, high, low, close) level, volume of trade differences between hypothetical models and actual trades and other supply/demand differences that may not be addressed by hypothetical models, and other conditions and circumstances can account for these differences. There is no guarantee that your hypothetical trading results, even if tested against historical data, will produce comparable actual trading results. In fact, there are frequently sharp differences between hypothetical or historically tested performance results and the actual results subsequently achieved by any particular trading system or strategy. Also, you should be aware that certain commonly used trading "jargon," including trading terms, such as, for example, a "limited risk" position, should not be taken literally. For example, so-called "limited risk" positions in certain options trades are not in fact limited as may be expected. Again, with respect to matters such as these, a licensed professional should be consulted.
NIRVANA, its subsidiaries and all "affiliated" individuals assume no responsibilities for your trading and investment results. The paper trading portfolio software applications are for educational purposes only. It is possible at this, or some subsequent date, the principals, employees of, as well as those who provide contracted services for, NIRVANA may own, buy, or sell securities presented.
Data and information is provided for informational purposes only. The information provided is obtained from sources deemed reliable but is not guaranteed as to its accuracy or completeness. Neither NIRVANA nor any of its data or content providers shall be liable for any errors or for any actions taken in reliance thereon. By accessing the Omni Trader University web site, you agree not to redistribute the information found therein.
Understanding Trading Risks
Electronic active trading involves special risks and may not be suitable for everyone. Electronic active trading may also involve a high volume of trading activity. Each trade generates a commission and the total daily commission on such a high volume of trading can be considerable. Electronic active trading accounts should be considered speculative in nature with the objective being to generate short-term profits. This activity may result in the loss of more than 100% of an investment, which is your sole responsibility. An electronic active trader should understand the operation of a margin account under various market conditions and review his or her investment objectives, financial resources and risk tolerances to determine whether margin trading is appropriate for them. The increased leverage which margin provides may heighten risk substantially, including the risk of loss in excess of 100% of an investment.