My name is Blake Morrow (aka Pipczar) and the ideas you read here on this blog are my own. I do not share the same ideas of my employer, nor should any of these ideas be misconstrued as a buy, sell or hold recommendation. I use this forum to talk about what I am thinking or what I am trading. Period.
With that being said…I have no idea who you are (the reader) and I am not going to pretend I know your trading parameters, style or risk parameters. So, please use the information on this blog as “oh, now I know what Blake is thinking…” rather than an actual “actionable” idea. And, if you are questioning what you should be doing in the markets, you may want to go find a “professional” to assist you to give you advice.
(and, thanks for reading this far)
Here is the actual legal jargon:
Securities products are offered through Manhattan Beach Trading Financial Services, Inc. (“MBTFS”), member FINRA, SIPC. MB Trading Futures, Inc. (MBTF) is a CFTC registered FCM and member of NFA. MBTF offers execution and settlement services for futures based products and off-exchange foreign currency (forex) products. MBTFS and MBTF are sometimes referred to collectively herein as “MB Trading.” WGAL, LLC (“WGAL”) provides educational and analytical software for FOREX, equities, futures and options products. WGAL, LLC nor any of its products, subsidiaries, agents or employees, solicits or executes trades or gives investment advice. WGAL, LLC is not a registered broker or advisor with any federal or state agency, and encourages its customers to consultant with a licensed representative or registered investment professional prior to making any particular investment or using any investment strategy.
Trading in forex, stocks, futures and options is speculative in nature and not appropriate for all investors. Investors should only use risk capital that they are prepared to lose when trading forex, stocks, futures, and options because there is always the risk of substantial loss. Customers should fully examine their own personal financial situation before trading. Customers should also be aware that account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors, including those related to the use of automated systems. Funds deposited into an account with a broker-dealer for investment in any currency, or which are the proceeds of a currency position, or any currency in an account with an FCM, are not protected by the SIPC.