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CFTC RULE four.41 - HYPOTHETICAL OR SIMULATED EFFICIENCY RESULTS HAVE SURE LIMITATIONS. IN CONTRAST TO AN ACTUAL EFFICIENCY FILE, SIMULATED RESULTS DON'T REPRESENT ACTUAL BUYING AND SELLING. ADDITIONALLY, SINCE THE TRADES HAVEN'T BEEN EXECUTED, THE RESULTS MIGHT HAVE BENEATH-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET COMPONENTS, REMINISCENT OF LACK OF LIQUIDITY. SIMULATED TRADING PACKAGES USUALLY ARE ALSO SUBJECT TO THE FACT THAT THEY'RE DESIGNED WITH THE GOOD THING ABOUT HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS PRONE TO OBTAIN REVENUE OR LOSSES JUST LIKE THESE SHOWN.
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