Gibbons' Trading LLC

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The Commodity Futures Trading Commission requires we display the following disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. RESULTS NOT ADJUSTED FOR COMMISSION AND SLIPPAGE.

There is a risk of loss in trading stocks, currencies, bonds, futures or any other financial market. Please be certain that you thoroughly understand the risks involved in trading before you trade. Gibbons' Trading LLC does not provide person to person individual advice nor will we comment on any specific issue related to trading. We do not tailor our trades to fit any specific person's portfolio.

We do not manage customer funds. We are not commodity trading advisors or investment advisors. Gibbons' Trading LLC is a stocks and futures electronic newsletter publisher. We provide general buy and sell signals for a wide variety of markets based upon our research.

Michael Gibbons and Gibbons’ Trading LLC may or may not have positions in the underlying financial instruments discussed in this publication based on the trading signals provided. We are real traders risking our money in the markets on a daily basis. Most so-called stock market information publishers do not trade at all. However, Michael Gibbons and Gibbons’ Trading LLC is under no obligation to disclose our actual open trade positions to any subscriber at any time.

Any trading of stocks, bonds, currencies and futures involves risk-sometimes substantial risk depending on current market conditions. While we have made every effort to eliminate volatility of returns by proper risk management and the very nature of our VTM method, future trading performance is not guaranteed nor is it implied.

We can (and will) have periods of losses-sometimes extended periods of losses. If you cannot afford to have trading losses from time to time, you should not trade. We do not guarantee in any way that our trading methods will produce a profit. There is risk in every trade.

We do not offer refunds for any reason partly because we may at certain times disclose some of our proprietary trading methods to clients. Clients can then use these methods to trade for the rest of their lives even if they have subscribed for the minimum term.

UNAUTHORIZED DISCLOSURE NOTICE

CONFIDENTIALITY NOTE: The information contained in the Gibbons' Trading Option Publication, ETF Publication and Futures Publication is private, legally privileged and confidential information intended only for the use of registered subscribers. If the reader of any Gibbons' Trading Publication is not the intended recipient, you are hereby notified that the reading, dissemination, distribution, forwarding or copying of any Gibbons' Trading Publication is strictly prohibited and grounds for the immediate termination of the subscription, without the right of refund, of any registered Gibbons' Trading subscriber who participates in such distribution, dissemination, forwarding or copying.

Gibbons' Trading reserves the right to monitor the use of the Gibbons' Trading Publications, by whichever electronic means it deems appropriate. In addition, any communications from subscribers deemed to be highly offensive or abusive in any way will be grounds for immediate termination of subscription without recourse.

WARNING: Reproduction of any of the material contained in the Gibbons' Trading Publications, forwarding of same, or any portion thereof, by e-mail, fax, photocopying or any other means, substantial quotation of any portion of the Gibbons' Trading Publications, or any other use of same by any person other than the registered subscriber, without the written permission of Gibbons' Trading LLC, may violate copyright laws and subject the violator to legal prosecution. All rights reserved.

SECURITIES DISCLAIMER

The information contained on this website has been prepared and obtained from original sources and data we believe to be reliable, but we make no representations as to its accuracy, timeliness or completeness. While every effort has been made to ensure the accuracy of the information it is subject to change without notice and we do not undertake to update or revise on any particular basis. Nothing on this website or in our publications shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Please consult with your investment professionals, tax advisors or legal counsel as necessary before relying on this material.