Investments in foreign exchange speculation may be susceptible to sharp rises and falls as the relevant market values fluctuate, not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.  The results above represent hypothetical trading results for the period indicated in the table above using approved systems developed exclusively by MTI. Simulated results do not represent actual trading.  No representation is being made that any account will or is likely to achieve profits of losses similar to those shown.  Past performance is not indicative of future results.  Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those shown.