How Traders Use Nostradamus
We have been asked so many times "How do people use Nostradamus?" that we have decided to publish views sent by our users for other traders information.
We accept no responsibility for their views, and we draw your attention to the risk statement below.
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Nostradamus
does not intend to give investment advice. This information is not
intended for UK private individuals. Nostradamus takes no liability
for any risk position taken by any party. Any action taken as a
result of the information provided is entirely at the users own risk
and denotes the user's acceptance of the provider's conditions in
full and without reservation.
Trading foreign currencies is a challenging and potentially
profitable opportunity for educated and experienced investors.
However, before deciding to participate in the Forex market, you
should carefully consider your investment objectives, level of
experience and risk appetite. Most importantly, do not invest money
you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign
exchange transaction, including, but not limited to, leverage,
creditworthiness, limited regulatory protection and market volatility
that may substantially affect the price, or liquidity of a currency
or currency pair.
More over, the leveraged nature of forex trading means that any
market movement will have an equally proportional effect on your
deposited funds. This may work against you as well as for you. The
possibility exists that you could sustain a total loss of initial
margin funds and be required to deposit additional funds to maintain
your position. If you fail to meet any margin requirement, your
position may be liquidated and you will be responsible for any
resulting losses. To manage exposure, employ risk-reducing strategies
such as 'stop-loss' or 'limit' orders.
Any opinions, news, research, analyses, prices, or other information
contained on this website are provided as general market commentary,
and do not constitute investment advice. Nostradamus is not liable
for any loss or damage, including without limitation, any loss of
profit, which may arise directly or indirectly from use of or
reliance on such information. Nostradamus has taken reasonable
measures to ensure the accuracy of the information on the website.
The content on this website is subject to change at any time without
notice.
Last Updated: 20 th April 2010