
Winning Edge
Trading Systems and Signals
Dear Subscriber/Student:
Thank you for signing up for Winning Edge System subscription/leasing
service and/or system courses and strategies. Please print the following Non-Disclosure Agreement and Risk
Disclosure. After reading it, fill out your name and fax it back to us with
your signature on each page to 631-824-9402.
Best Regards,
Ned Gandevani, Ph.D.
Note:
This non-disclosure agreement is read and signed for any or all of the following
Winning Edge Signals and/or Systems and Courses. They include but not limited
to;
Signals subscription services and/or leasing programs: Day Trading Signals, Intraday Updates Trading Signals, Swing Trading Signals, Position Trading Signals, Winning Edge System I - Automated Version,
and Winning Edge Power Points System - WES-PP.
System and Courses: Winning Edge System, Level I, Level II, Level III, Winning
Edge Swing System, WES-Swing-Automated Version, Winning Edge Position System,
Winning Edge Forex System and WES-Forex-Automated Version
Name( full name) :
Address :
Town : State: Zip
Code: Country:
Telephone number : ( ) Fax number:
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CONFIDENTIALITY & NON-DISCLOSURE AGREEMENT
THIS AGREEMENT, made as of this ……. day of ……. , 2008 by and between National
Trading Group, Inc. ( hereinafter "NTG"), a New York corporation and
Mr./Ms. ………………………….. (hereinafter "Subscriber/Student") .
WITNESSETH
WHEREAS, Subscriber/Student is desirous of utilizing NTG’s "The Winning Edge
Trading Signals and Systems and Strategies " (hereinafter "WES" or "Strategies") ; and
WHEREAS, the Strategies are proprietary and exclusive, and the Subscriber/Student
recognizes that Strategies are proprietary and the exclusive property of NTG;
and
WHEREAS, Subscriber/Student’s interest in the Strategies and Signals is for
his/her/its own trading account and benefit; and
WHEREAS, Subscriber/Student represents he/she/it will not market, sell or disclose
the Strategies and Signals or WES approach and methodology ; and
WHEREAS, Subscriber/Student represents that he/she/it is not a registered broker or CTA, nor trades commodity futures or options on behalf of any other individual
or organization; and
WHEREAS, NTG is desirous of allowing Subscriber/Student to utilize the Strategies and
Signals pursuant to Subscriber/Student’s payment in full and execution of the Risk
Disclosures attached hereto as Exhibit "A".
NOW, THEREFORE, in consideration of the mutual covenants, promises and
conditions contained in this Agreement and the accompanying Risk Disclosures,
the parties intending to be bound by them, agree as follows:
- NTG will give the Signals (via email or access to designated
web pages) to Subscriber and training manual to Student pursuant to
Subscriber/Student’s educational objectives. NTG agrees to disclose the Signals to
Subscriber and Strategies to Student in reliance upon Subscriber/Student’s acknowledgment that the Signals,
Strategies and
information contained in the WES is proprietary and exclusive to NTG and
Subscriber/Student will keep the Signals, Strategies secret and confidential.
- Subscriber/Student agrees that all information regarding the Signals
and/or Strategies (such
information shall mean, in whole or in part, whether in writing, or
transmitted orally, visually, electronically or otherwise) furnished by NTG
and /or its employees, agents or representatives (including attorneys,
accountants, consultants or advisors) to Subscriber/Student and /or its employees,
agents or representatives (including attorneys, accountants, consultants or
advisors) whether directly or indirectly, whether in written or verbal form,
shall be confidential and shall not without the prior written consent of NTG
be disclosed, disseminated or released in whole or part to any third party.
- Subscriber/Student acknowledges that the Strategies and Signals are proprietary.
Subscriber/Student agrees that he/she/it will not give, sell or license another
person or entity access to the Winning Edge Systems or Signals without the express written consent of NTG.
- Subscriber/Student acknowledges that the disclosure of the Strategies and
Signals or the utilization of the Strategies by Subscriber/Student to assist third
parties would cause NTG irreparable harm, as well as substantial monetary
damages. Therefore Subscriber/Student consents to the issuance of a temporary
restraining order with notice and the entry of a preliminary and permanent
injunction enjoining Subscriber/Student from further disclosure of the
Signals and Strategies.
This remedy shall be in addition to any other remedy, including but not
limited to the recovery of compensatory and punitive damages, available at
law or in equity, for a violation of this Agreement.
- Subscriber/Student acknowledges that he/she has read the posted "terms and
conditions" on the Winning Edge Strategies (http://www.winningedgesystem.com/policies.htm) web
site and agrees with all of them including but not limited to that there is
absolutely no refunds either full or partial for any of services
he/she signs up for.
- All of the obligations and restrictions shall survive any termination of
this Agreement hereof.
- This Agreement shall be construed and enforced in accordance with the
laws of the State of New York. All parties to this Agreement consent to the
venue of any action arising hereunder to the state or federal courts located
in and about Suffolk County, New York. In the event of any litigation
arising out of or related to this Agreement, the prevailing party shall be
entitled to recover all costs incurred, including all reasonable attorneys’
fees.
- If any provision of this Agreement is held to be invalid or
unenforceable, such provision shall be enforced to the fullest extent
allowed by law. Further, such invalidity or unenforceability shall not
invalidate this Agreement as a whole or those provisions of this Agreement
not found to be invalid or unenforceable
- This document sets forth the parties full agreement. There are no oral
understandings with respect to or affecting this Agreement, and this
Agreement may not be amended, supplemented, canceled or discharged except by
written instrument executed by both parties hereto.
- This Agreement shall be binding upon, and inure to the benefit of, the
successors and assigns of NTG and Subscriber/Student.
- You agree that National Trading Group shall not be liable for, and you
agree to indemnify and hold National Trading Group and its employees,
officers, directors, shareholders and agents harmless form any and all
claims of loss(es), actual or perceived, caused directly or indirectly by
any equipment or software failure, failure of any Internet service provider,
operator error, electronic or mechanical equipment, hardware, communication
system, or other system, or any component thereof, telephone or other
interconnect problems, unauthorized access, theft, security breach,
government restriction, exchange or market regulation, suspension of
trading, war, strike or other labor dispute, that might prevent you from
utilizing any trading signals or other services provided by National Trading
Group. You further acknowledge and agree that, you will not be compensated
by National Trading Group for any "lost opportunity" (eg. an increase in the
value of a futures contract you wished to purchase) resulting from any
inability or delay in your ability to enter or execute any order due to any
technical or other difficulty, even if such difficulty could have been
prevented by National Trading Group.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first above written.
NATIONAL TRADING GROUP, INCORPORATED
By: Ned Gandevani, President
________________________
Agreed by :
By: Mr./Ms. ………………………………….
_____________________________
DATE:
EXHIBIT A
RISK DISCLOSURE
THE RISK OF LOSS IN TRADING
COMMODITIES CAN BE SUBSTANTIAL. COMMODITY TRADING IS NOT SUITABLE FOR ALL
INDIVIDUALS. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS
SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IN CONSIDERING WHETHER TO
TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD BE AWARE OF THE
FOLLOWING:
IF YOU PURCHASE A COMMODITY OPTION YOU MAY SUSTAIN A TOTAL LOSS OF THE PREMIUM
AND OF ALL TRANSACTION COSTS, WHICH INCLUDES COMMISSION AND FEES. OPTIONS DO NOT
MOVE DOLLAR FOR DOLLAR WITH THE UNDERLYING FUTURES CONTRACT AND TRANSACTION
COSTS MAY SUBSTANTIALLY IMPACT RETURN.
IF YOU PURCHASE OR SELL A COMMODITY FUTURE OR SELL A COMMODITY OPTION YOU MAY
SUSTAIN A TOTAL LOSS OF THE INITIAL MARGIN FUNDS AND ANY ADDITIONAL FUNDS THAT
YOU DEPOSIT WITH YOUR BROKER TO ESTABLISH OR MAINTAIN YOUR POSITION. IF THE
MARKET MOVES AGAINST YOUR POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO
DEPOSIT A SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN FUNDS, ON SHORT NOTICE, IN
ORDER TO MAINTAIN YOUR POSITION. IF YOU DO NOT PROVIDE THE REQUIRED FUNDS WITHIN
THE PRESCRIBED TIME, YOUR POSITION MAY BE
LIQUIDATED AT A LOSS, AND YOU WILL BE LIABLE FOR ANY RESULTING DEFICIT IN YOUR
ACCOUNT.
UNDER CERTAIN MARKET CONDITIONS, YOU MAY FIND IT DIFFICULT OR IMPOSSIBLE TO
LIQUIDATE A POSITION. THIS CAN OCCUR, FOR EXAMPLE, WHEN THE MARKET MAKES A
"LIMIT MOVE".
THE PLACEMENT OF CONTINGENT ORDERS , SUCH AS A "STOP-LOSS" OR "STOP-LIMIT"
ORDER, WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS, SINCE
MARKET CONDITIONS MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS. SUCH ORDERS ARE
MERELY AN ATTEMPT TO LIMIT LOSSES.
A "SPREAD" POSITION MAY NOT BE LESS RISKY THAN A SIMPLE "LONG" OR "SHORT"
POSITION.
THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY TRADING CAN
WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE
LOSSES AS WELL AS GAINS.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH
ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY COMMODITY TRADING
ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN,
IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL COMMODITY
TRADING PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY
PARTICULAR COMMODITY TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL
COMMODITY TRADING PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED THE
BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL COMMODITY TRADING DOES NOT
INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL COMMODITY TRADING RECORD CAN
COMPLETELY ACCOUNT FOR THE IMPACT
OF FINANCIAL RISK IN ACTUAL COMMODITY TRADING. FOR EXAMPLE, THE ABILITY TO
WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR COMMODITY TRADING PROGRAM IN SPITE
OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL
COMMODITY TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE
COMMODITY MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC COMMODITY
TRADING PROGRAM WHICH CAN NOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF
HYPOTHETICAL COMMODITY TRADING PERFORMANCE RESULTS, AND ALL OF WHICH CAN
ADVERSELY AFFECT ACTUAL COMMODITY TRADING RESULTS.
PAST RESULTS OF S&P WINNING EDGE DAY TRADING
METHODOLOGY AND SYSTEM, SWING SYSTEM, POSITION, FOREX SYSTEM, DAY, SWING, AND POSITION TRADING SIGNALS
ARE NOT INDICATIVE OF FUTURE PERFORMANCE. THE MONTHLY
AND COMPOSITE ANNUAL RESULTS SHOULD BE VIEWED HYPOTHETICALLY.
IN REALITY, THE RESULTS DO NOT REPRESENT THE TRACK RECORD OF THE METHODOLOGY
ORIGINATOR, STUDENTS, OR SUBSCRIBERS. THIS ALSO MEANS THERE IS NO GUARANTEE THAT ONE APPLYING THIS METHODOLOGY
AND SIGNALS
WOULD HAVE THE SAME RESULTS AS POSTED. SINCE TRADING FUTURES, SUCCESSFULLY,
DEPENDS ON MANY ELEMENTS INCLUDING BUT NOT LIMITED TO A TRADING METHODOLOGY AND
TRADER'S OWN PSYCHOLOGY, The WINNING EDGE S&P AND FOREX STRATEGIES COURSES, MANUALS,
AND SIGNALS DO
NOT MAKE ANY REPRESENTATION WHATSOEVER THAT ABOVE MENTIONED TRADING SYSTEM,
STRATEGIES, SIGNALS MIGHT BE OR ARE
SUITABLE OR PROFITABLE FOR YOU. NO IMPLICATIONS IS BEING MADE THAT ANYONE
UTILIZING THE WINNING EDGE S&P AND FOREX STRATEGIES HAS OR CAN OBTAIN SUCH PROFITS AND
RESULTS.
FURTHER NOTE ON FOREIGN EXCHANGE RISK DISCLOSURE:
FOREIGN
EXCHANGE TRADING IS RISKY. THE HIGH LEVEL OF VOLATILITY WITHIN THE FOREIGN
EXCHANGE MARKET, PARTICULARLY WITHIN INTRADAY MARKET, AND THE ABILITY TO
LEVERAGE YOUR POSITIONS MEANS THAT LOSSES CAN BE QUICK AND SIGNIFICANT. IT
IS POSSIBLE TO LOSE YOUR TOTAL INVESTMENT. CONVERSELY, TRADING FOREIGN EXCHANGE
ON MARGIN CARRIES A HIGH LEVEL OF RISK, AND MAY NOT BE SUITABLE FOR ALL
INVESTORS. SINCE YOU CAN LOSE OF YOUR INITIAL INVESTMENT, BEFORE DECIDING TO
INVEST AND TRADE FOREIGN EXCHANGE MARKETS, YOU SHOULD CAREFULLY CONSIDER YOUR
INVESTMENT AND TRADING CAPITAL THAT YOU CAN NOT AFFORD TO LOSE. YOU SHOULD BE
AWARE OF ALL THE RISKS ASSOCIATED WITH FOREIGN EXCHANGE TRADING AND SEEK ADVICE
FROM AN INDEPENDENT FINANCIAL ADVISER IF YOUR HAVE ANY DOUBTS.
ALTHOUGH WORDS SUCH AS "COMMISSION FREE TRADING,"
" NO COMMISSIONS," "COMMISSION FREE," "ZERO COMMISSIONS," ETC. ARE USED
THROUGHOUT THE WEB SITE AND MANUALS, YOU SHOULD KNOW THAT YOU PAY FOR THE
COMMISSIONS THROUGH THE SPREAD BETWEEN BID AND ASK, WHEN YOU BUY AND/OR SELL A
CURRENCY PAIR.
YOU SHOULD NEVER INVEST MONEY OR TRADE IN FOREIGN EXCHANGE IF YOU ARE LOOKING
FOR A STEADY RETURN ON YOUR MONEY THAT YOU CAN NOT AFFORD TO LOSE.
THEREFORE, FOREIGN EXCHANGE TRADING IS ONLY FOR THOSE WHO ARE EXPERIENCED AND/OR
HAVE KNOWLEDGE OF THE MARKET AND APPRECIATE THE INHERENT RISK INVOLVED.
ALL POTENTIAL INVESTORS AND TRADERS SHOULD BE CLEAR OF THE RISKS INVOLVED IN
FOREIGN EXCHANGE PRIOR TO INVESTING IN THE MARKET. IN FOREIGN EXCHANGE, THERE NO
GUARANTEES OF PROFITS AND THERE ARE SIGNIFICANT RISK. YOU SHOULD BE AWARE THAT
ANY PERFORMANCE PRESENTED ON THIS WEB SITE IS ALL BASED ON HYPOTHETICAL
PERFORMANCE AND THERE US ABSOLUTELY NO GUARANTEE ANY INDICATED SYSTEM CAN
PRODUCE ANY SIMILAR RESULTS.
THE CFTC (THE UNITED STATES
COMMODITY FUTURES TRADING COMMISSION) HAS ISSUED AN ADVISORY TO INVESTORS ON
FOREIGN CURRENCY TRADING FRAUD. WE RECOMMEND POTENTIAL INVESTORS AND TRADERS
READ THIS ARTICLE AT
www.cftc.gov/enf/enfforex.htm
.
READ AND ACKNOWLEDGED BY:
BY: MR./MS.. ………………............
DATE: