Why are all the graphics of Wall Street and American flags when spread betting is illegal in the US. Doesn't make sense. Oh and I don't like the first line of the disclaimer.. In fact I don't like any of it:
"DISCLAIMER.
LS Trader is an unregulated service and is not registered as an investment adviser with any jurisdiction and is not providing any personalized financial, investment, spread betting or tax advice.
Information provided by LS Trader is for general information only and is not intended to be relied upon by individual readers in making (or not making) specific investment decisions. The Service is provided solely for informational purposes, and does not constitute an offer or solicitation to buy or sell any securities including futures trades or financial spread bets. Such information is impersonal and not tailored to the investment needs of any specific person or circumstance.
LS Trader cannot assess or guarantee the suitability of any particular investment, trade or spread betting position to any personal situation.
LS Trader does not represent the accuracy nor does it warranty the accuracy, completeness or timeliness of the statements published on its web sites, documents or emails or other media. The information provided should therefore be used as a basis for continued, independent research so that the reader forms his or her own opinion regarding any investment or spread bet. The reader therefore agrees that he or she alone bears complete responsibility for their own investment research and decisions and should obtain professional advice before carrying out any spread betting or futures trading activities. Ultimately, all financial, spread betting or investment decisions are made by you and you must accept full responsibility for any profits or losses you may incur.
When using spread betting and trading commodity futures you must be aware that the risk of losses occurring can be substantial. This means in some cases, you may even lose more than your original starting balance. With this in mind, you must only risk capital that you can afford to lose. In this sort of trading there is a high degree of leverage because of the small margin requirements and this in turn could lead to large losses as well as large profits.
Spread betting may not be suitable for everyone, therefore ensure you fully understand all the risks involved. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses.
It is important to remember that past performance is not necessarily indicative of future performance. Examples of historic price moves or extreme market conditions do not imply that these moves or conditions are common in the market, or are likely to re-occur again. Hypothetical performance results have inherent limitations including the fact that they are generally prepared with the benefit of hindsight. The ability to withstand losses or to adhere to a particular trading system in spite of trading losses are material points which can adversely affect trading results. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading system.
IN NO EVENT WILL LS TRADER GROUP BE LIABLE FOR ANY DAMAGES RESULTING FROM ANY INVESTMENT, FINANCIAL, SPREAD BETTING OR TAX DECISIONS YOU MAKE OR DO NOT MAKE AS A RESULT OF ACCESSING OR USING THE SERVICE."
However, if you do decide to give this a go, let us know how you get on... If it works, GREAT, if it doesn't, warn the others! All the best,
Sam.
