KEEP YOURSELF UPDATED WITH GBPBOT'S LAUNCH & WIN INCREDIBLE PRIZES!!!
ALL YOU NEED IS A CLICKBANK ACCOUNT TO GET STARTED!...

THIS EA OUT PERFORMS ALL OTHER EXPERT ADVISORS...
98.44% WINNING TRACK RECORD...INTENSE HYPE...BREATHLESS VIDEOS..

Make sure to fill in your name, email address, and Clickbank ID (if you have one) above so that we can keep you one step ahead of whatever is happening in the forex niche. We will keep you updated on GBPBOT's launch, offers, upgrades, prizes etc. as well as pass along any other pertinent information.

GBPBOT's Affiliate mailing list serves as a link between us and you. That’s the only way we can keep you posted on the launch and inform you whenever you win prizes. You will need to confirm your email address. (Don't forget to sign up for our affiliates list - it's crucial!)

COME MARCH. 9TH..... CONVERSIONS WILL BE OUT OF THIS WORLD!...

LAUNCH: Tuesday, March 9th 2010 at 9:00 AM EST

PRELAUNCH: Monday, March 1st. 2010 at 9:00 AM EST

AFFILIATE PLATFORM: Clickbank

COMMISSION RATE:  60% Up to $195 (+$56 Per Month)

1. GBPBOT [3in1]: $97
2. GBPBOT ADVANCED [9in1]: +$77
3. GBP INDICATOR: +$57
4. FOREX 'GBPBOT' VPS CONTROL: +97 (Per Month)

TOTAL: Upto $328 & +$97 Per Month For 96 Months!...

JV Prizes: CRAZY prizes of more than $35K…Take a look

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(replace CBACCOUNT with CB ID)

On a low estimate, we predict the conversions to be at least 30-40%. Now, this estimate has not emerged from thin air. We have done several internal and test launches to arrive at the estimates.

Why Are we confident of High Conversions?

Don’t take this to be just another Forex Expert Advisor with a hurried design and poorly drafted sales page. We have combined the services of some of the best brains from Forex, marketing & design to create the most CONVINCING salespage that will have an electrifying effect on customers. The Sales letter is tweaked in a way that will lead to direct sales. It will captivate the customers and compel them into purchasing.

GBPBOT is the result of blood, sweat and endless sleepless nights. We have tested it on live accounts and it gives a consistent rate of 98.44% winning trades. The EA has been tweaked up on a consistent basis to enable us to provide the product of the century. This EA has been test checked on multiple accounts, brokers and all online trading formats to ensure it produces mind blowing results. It works on multiple currencies and includes multiple strategies. The advanced edition is 9 times more powerful than any average EA as its features lead it to be the most adaptive EA on the online marketplace. GBPBOT is truly one of a kind.

The sales letter contains results of LIVE TRADING. We are not using age old methods of plain old backtesting.  I'm sure the $1,000,000+ backtests will smash it on launch day. LIVE results work as a surefire with potential customers. These live results are being updated on continuous basis. Extraordinary back testing results. This will help in boosting customer morale and in convincing even the most diehard skeptics.
Our Member’s Area is extremely advanced and also easy to navigate even for the first timer Forex Traders. We have included everything a buyer may need from a Pro to a Beginner – FAQs, Videos, Installation Guides, Bonus Products, etc. to ensure 100% satisfaction. GBPBOT is very easy to operate unlike other products in the marketplace.
The GBPBOT Pre-launch will leave customers craving for more. The emails provided are sure to multiply your conversions by at least 10 times. Therefore it is of the utmost importance that you send these emails out so that you can get your hops to come through on launch day and generate heaps of $$$ for yourself.
Unheard of 5 STAR 24/7 DEDICATED EMAIL SUPPORT and an Incredibly detailed technical support staff on hand for all our members, to ensure all their questions are answered ASAP. Most Forex Vendors lack customer support, they use hotmail or gmail accounts to handle mass emails in a day which they can not do efficiently. Here at GBPBOT we run our support through a dedicated Support Desk, we are setup and ready for action we can handle up to 100,000 enquiries in a single day.

FIRST PRIZE – 3 days Fully Paid Trip to Bahamas or an equal amount of Cash. Relax in the beaches of Bahamas after achieving stupendous success at the pre-launch. Unwind yourself in the exotic beaches of Bahamas and reinvest yourself. There can’t be a better way to celebrate than spending quality time at Bahamas.

SECOND PLACE PRIZE: Apple I-PAD or an equal amount of cash. Go trendy with the sleek Apple I-pad. With Apple I-pad, you can virtually have the world at your finger tips. It’s the way the world will access Web in the coming years. Be a pioneer in using the Next Generation Technology with Apple I-pad.

THIRD PLACE Prize – SONY PSP 3000 or Equal amount of Cash. When it is Sony, the name says it all. If you are a diehard fan of games, then this latest gaming system is sure to lure you. Forget all your worries and take a break from stress and anxiety with your Sony PSP 3000. It can be connected from any of WI-FI access points and will give you oodles on a platter, right from net surfing to Skype and also for downloading loads and loads of data, movies, games, etc from the net.

4th Place to 10th Place – There are ample of gadgets for you Cameras, cell phones, Ipod Nanos, and many more of the latest gizmos. We want this to be a win win game and we wish to appreciate the efforts of even the small affiliates. We will select the winners at random based on the hops sent in on certain days.

FIRST PLACE PRIZE – FULL 2 WEEKS For 2 in Hawaii... you have your HOLIDAY in a bag when you become GBPBOT number 1 Affiliate. You also receive the strongest of all mail outs when we promote you to our solid 40,000+ Forex Database. We wanted to give something special to the most hard working affiliate, and so we decided on this invaluable gift for our TOP DOG.

SECOND PLACE PRIZE - Trip to Switzerland or Cash Equivalent AND Access to our 40000 +Forex Subscribers about your Product. Switzerland is paradise on earth. There can be nothing more enchanting and exotic then spending time where the nature has showered its blessing in abundance, eating the most exotic varieties of Swiss chocolates. And well, if you crave for more, you will get it all…

THIRD PLACE PRIZE - Sony Bravia 42” LCD TV +Home Theater or Cash Equivalent. Wow, When it comes to electronics, Sony ranks number 1. You won’t get such crystal clear image and sound quality anywhere else. The surround sound system of Sony Home theater will make you crave for music.  You deserve it…

FOURTH PLACE PRIZE - Sony ALPHA 850 Digital Camera or Equivalent Cash. With Sony camera you can instill life in to the pictures. With 24.6 mega pixels Sony Camera. Make you pleasant memories immortal with Sony Alpha 850. This is a well deserved prize for your superb affiliate performance.

FIFTH PLACE PRIZE – 8 GB Ipod Nano. For all the music lovers, Ipod Nano is the best way to relax and unwind, whether you are at home or on the move. If you don’t have one, this is an amazing opportunity to win one.

6th Place to 10th Place Prizes – There will  be several prizes such as Calf and foot massagers, Netbooks, Ipods, Cell phone and many more. In addition, to boost the smaller affiliates chance of winning prizes, we will select affiliates at random from a hoplink picker and send you an instant THANK YOU prizes.

Write to us at jv@gbpbot.com to secure your prizes!

Warm Welcome to GBPBOT Affiliate Page... Greetings, Thanks for spending your valuable time by checking out this page. Let me tell you, it is definitely well worth it.

I bet, this will be one of the most rewarding launches for you this year. We have left no stone unturned in ensuring that this will be the most SUCCESSFUL LAUNCH of 2010.

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(replace CBACCOUNT with CB ID)

Lets see some of the Brilliant Selling Points of the GBPBOT Launch:

A mesmerizing sales letter that will captivate and seduce the customer into buying.
Fabulous 60% commission minimum $60 per affiliate sale.
HIGH quality product, which is as powerful as 9 standard EAs in comparison
Professionally managed launch by the best brains in marketing- You will need very little effort on your part to convert your leads.

Let’s talk about GBPBOT at length:

GBPBOT is by far the best Automated Forex Trading Robot to be launched in the marketplace period. GBPBOT works effectively on GBP currency pairs and Guarantees maximized profits and minimal losses. The programmers and the strategy developers worked hand in hand to incorporate all the intelligent features in the EA software.

The GBPBOT works with 3 Advanced automated strategies and Trades on a standard 1 Minute Timeframe, the Standard version has the power of 3 Highly advanced robots in 1 Expert Advisor. It takes into consideration market trends before placing a certified trades. Thus, whatever the market conditions, the users are sure to rope in Guaranteed profitable trades.

GBPBOT works completely on autopilot and can be downloaded in less than 2 minutes. No human intervention is required whatsoever. All you need  is a computer with an internet connection, and you can get started right away…

The user’s interests have been at the forefront while designing this Expert Advisor. A simple downloading of a file will get the users started on GBPBOT. This Forex trading Expert Advisor comes complete with manual guides, videos and various other bonuses for the users.

GBPBOT has an Advanced version which trades on three currency pairs- GBP/JPY, GBP/CHF and EUR/USD.  This means that with just one Robot, they can get the benefit of 9 robots as GBPBOT has 3 sucessful strategies. This is one of the strongest selling points of GBPBOT Advanced.

The GBPBOT has an incredible history of profitable performance and the back tests are prepared to astonish, with the added benefit of LIVE account/REALTIME testing, the sales page will be given a fantastic boost. With its superior quality, we can GUARANTEE you low returns. If you are interested in trialing the software before the Launch to see if it lives upto all the hype we claim... We will make available 14day TRIAL copies for review site owners ONLY I trust these guys will give good unbiased & honest opinions to all.

GBPBOT is one of the few robots that display's Realtime LIVE Results. These results are updated in real time. The users can actually see the investment being doubled and tripled in a short span of time. The results are always transparantly displayed on the main sales page, this because we are so confident of GBPBOT's performance.

One of the major reasons for refund in any of the Forex products is lack of customer support. In case of GBPBOT, we are accustomed to providing 24/7, (5 Star) Customer Support. All the queries and doubts would be clarified within 24 hours.  As a result, refunds will be minimal.

Best of all, we are offering a Staggering 60% Commission on every sale made. In addition, we are also offering some of the best prizes for pre-launch and launch for all our affiliates. You have to do nothing, except send a few emails to your lists- that too, you are required only to copy & paste. The rest is taken care of by us.

LAUNCH: Tuesday, March 9th 2010 at 9:00 AM EST

PRELAUNCH: Monday, March 1st. 2010 at 9:00 AM EST

AFFILIATE PLATFORM: Clickbank

COMMISSION RATE:  60% Upto $195 (+$56 Per Month) Each Customer

GBPBOT & 3 Highly Converting Upsells: $97 & $231 (3 High Converting Upsells)

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(replace CBACCOUNT with CB ID)

Just in case you don’t have a Clickbank account, create one HERE.

Clickbank will take care of all our needs related to check payments and billings. On signing up, you will get a username and password. Your sales can be checked online 24/7

The contents of this Page will be changed automatically every day at 9.00 AM EST during the Pre launch and the launch dates to suit the launch and the pre launch schedule.

We want to ensure that all the affiliates get a level field and the post launch schedules are strictly maintained.

One surefire way of optimizing conversions is by mailing several auto responder emails. The pre-launch emails will ignite the curiosity in your lists and they will crave for more. Just as the lists go through the pre-launch emails, you’ve already gained their loyalty. The launch emails will give them that gentle push  that converts an indecisive buyer to a confirmed, positive buyer. Please ensure that you send all the emails as these would directly translate into enormous earnings for you.

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Thursday March 4th – PRE-LAUNCH Email #1 - Video Testimonials

On February 17th, 2010, the contents of the page will be updated at 9.00 am EST. You will be able to see the video testimonials then.

Now, if you want to convert a very high percentage of your lists into buyers on the launch day, then it is crucial, rather a critical need to send the emails.  The emails also help to cookie the list and the lists would be ready on the launch day.

We have video testimonies from our beta testers. They talk about the enormous profits they could rake in on live accounts with actual money. These extraordinary testimonies stress the point that the cost of GBPBOT can be easily recovered in the first 2 or 3 days of trading and they will rake in clear profits everyday, consistently. Video testimonies are an absolute HIT with the customers. When your lists see the video testimonies of actual Forex traders, consider them ‘in’ for sure.

Send your subscribers to the video testimony page using your normal Clickbank hoplink:

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(Replace “CBACCOUNT” with your own clickbank nickname)

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Friday March 5th – PRE-LAUNCH Email #2 - FREE CASE STUDY

We have a video where in there is a FREE Report. This report explains GBPBOT briefly, the principles underlying GBPBOT, a case study, and FAQs.

Most of the systems do not divulge the underlying principles and this holds back the customers from making positive decisions about the EA. We don’t want potential customers to run away or have doubts about our EA. This guide will help them have confidence in our system. Send the free report to your subscribers.

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(Replace “CBACCOUNT” with your own clickbank nickname)

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Saturday March 6th – PRE-LAUNCH Email #3 - LIVE RESULTS

There can be nothing more exciting as seeing actual trading results right in front of your eyes, and that too when you get the latest on the account at the interval of every 15 minutes. Never before has market seen anything as this and hence, there is not an iota of doubt that the conversions would be spectacular on launch day. By the day of launch, your lists will be very well prepared to take in the GBPBOT with arms open wide. Please direct your subscribers to the live statements page.

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(Replace “CBACCOUNT” with your own clickbank nickname)

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Sunday March 7th – PRE-LAUNCH Email #4 - KNOWLEDGE BASE

If you have any questions they will be answered at our Knowledge Base where all Frequently Asked Questions about GBPBOT are dealth with. Never before has the Forex market seen anything as good this EA and hence, there is not an iota of doubt that the conversions would be spectacular on launch day. This will help prepare the customer for Tuesdays Launch & Mondays LIVE CHAT where we can answer any questions not currently in the Knowledge Base, your lists will be very well prepared to take in the GBPBOT with arms open wide. Please direct your subscribers to the main page for LINKS.

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(Replace “CBACCOUNT” with your own clickbank nickname)

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Monday March 8th - 9am EST– PRE-LAUNCH Email #5 - LIVE CHAT

When we conducted a research on why most of the EAs are not picked up as desired, the most common answer we received was “No Customer Support”. As a result, the customers feel insecure as they have no one to fall back upon, in times of difficulty and most importantly, they don’t receive any response from the developers once the sale is over. To cater to this problem and lead to higher conversion, we are providing 24/7 customer support through Email. Any of the queries would be answered in less than 24 hours.

The techie guys on our panel will help the customers with all the queries, and on the day of the launch, the potential customers will be fully prepared to go in for a purchase.

Please send your subscribers to the support page using your normal Clickbank hoplink:

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(Replace “CBACCOUNT” with your own clickbank nickname)

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Tuesday March 9th - 9am EST– LAUNCH DAY - Email #6

The main page will be converted in to the sales page on Feb 23rd, 2010 9AM EST

By this time, the subscribers have had a good glimpse of what GBPBOT has in store for them. They have seen the video testimonies; have been through the case study, reports, manual, not to forget the trump card- live trading account. In addition, all there doubts and queries are resolved. They have seen how this EA is result oriented. All now they need is a gentle nudge to translate in to real buyers.

Please divert your subscribers to the Launch day extravaganza.

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(Replace “CBACCOUNT” with your own clickbank nickname)

We have ensured that the emails do not get filtered in the SPAM-CHECK filters. You are free to alter the e-mails, but ensure that it does not get marked as SPAM, before sending!

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Wednesday March 10th – LAUNCH Email #7

There are several people in a launch that are not able to decide. They need a gentle push to help them decide. That extra push or proof will help them decide and go in for a purchase of GBPBOT. That’s precisely the tasks of these e-mails.

Please divert your subscribers to the sales page using your normal Clickbank hoplink:

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(Replace “CBACCOUNT” with your own clickbank nickname)

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Thursday March 11th – LAUNCH Email #8

Just as the launch day, this day is also quite crucial. After this, GBPBOT may be offered on monthly subscription or the offer may be lost forever, as the support team cannot provide support to endless customers. This is your last call to get GBPBOT at heavy discounted price.

This email is absolutely a must. It is generally observed that a minimum of 50% of the total sales is achieved through launch email and the email sent post launch.

Please send your subscribers to the salesletter through normal Clickbank hoplink:

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(Replace “CBACCOUNT” with your own clickbank nickname)

You can contact us at any time. Our email id is jv@gbpbot.com. We will answer all your queries and doubts related to launch, our product through this dedicated email. Your questions will be answered ASAP.

You can also contact us through Skype ID "GBPBOT"

You can contact us at any time during the day or night, we are available 95% of the time. Do not hesitate to contact us.

We will do all in our control to make this the most amazing and profitable launch in your life. We have left no efforts in tweaking and re-tweaking to get an extra edge in both the sales page as well as our EA.

We have done it all and hence, you’ll be required to put in less effort to amass huge sums of dollars. Most importantly, GBPBOT is an absolutely wonderful product and your lists will absolutely go gaga over it. In fact, you will earn their loyalty for showing them such an amazing product.

Name:
Email:
Clickbank ID:

Very Important: Please ensure that you add your name as well as your e-mail id to our affiliate list. This will help us in keeping you informed about the launch, prizes, changes, and also to provide you some vital information.

We can communicate with our affiliates only through email and SKYPE so, don’t forget to add yourself to the list!

The great thing about the GBPBOT is that the product has been developed from the ground up to produce massive profit's and the incredible looking sales page converts like FIRE... making a profit using Google Adwords or any keyword sites is as simple as plugging some keywords into your account and you start sending traffic to our sales page or, even better, to your review page.

Here are a few GBPBOT releated keywords that will help you get started:

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(replace CBACCOUNT with CB ID)

Write a review of GBPBOT, letting others know how incredibly well it works. Include your affiliate link at the end of the review. Post your review to your own website, and/or on free article submission sites.

Here are a few articles you can use for submission please remember to add your GBPBOT afilliate link at the end or throughout the article:

Article 1

Article 2

Article 3

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(replace CBACCOUNT with CB ID)

Write a review of GBPBOT, letting others know how incredibly well it works. Include your affiliate link at the end of the review. Post your review to your own website, and/or on free article submission sites. Alternatively, you can also write an article on Forex Trading and include a link to GBPBOT at the end as a source for Forex guidance.

Email - Email your friends or anyone you know who may be interested in making a ton of extra cash on sports betting. Also, if you own an email list of newsletter subscribers or other people who have opted in to receive email offers from you, send them an email about the system. Include your affiliate link at the end of the email.

Online Communities - Talk about GBPBOT.com in various social networks and marketplace channels such as Craigslist, Myspace, Facebook, Twitter, etc.

Videos - Create a video promotion about GBPBOT.com and upload it to various video sharing channels such as Youtube, Veoh, Google Video, etc. Include your affiliate link on the video and/or the video description.

Press Releases - Post a press release once every few weeks at PRweb.com at similar sites, in which you include your honest review of GBPBOT, along with your affiliate link. If you pay them $80, they will guarantee that your press release is picked up by all major search engines, potentially sending you thousands of visitors.

Blogs - Talk about GBPBOT in your blogs at sites such as Blogger.com and post your review of Forex Robots & GBPBOT, including your affiliate link. You can then "ping" your blog at a site such as Pingomatic.com, so it gets picked up quickly by search engines.

Your Website - Advertise GBPBOT on your own website through text links or the banners below.

Tips to Earn More as an Affiliate: From my experience, if you have no websites or mailing lists to use, then writing your own product reviews will provide some fantastic results. You don't have to be a good writer. Just write what you really think about GBPBOT. When you publish your product review, use your affiliate link to send users to GBPBOT.

You will have much better conversions if you'll put your visitors into pre-sold mood before sending them to GBPBOT.com. You can do this by building interest in the Expert Advisor as the visitor has decided to potentially buy it after he/she reads your product review.

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(replace CBACCOUNT with CB ID)

Please find some of the amazing tools that will be helpful in selling GBPBOT. You may use any or all of them. You can post ads on all your websites or many other sites such as Hubpages, Scribd, SlideShare, Squidoo, etc.), You can write articles on popular directories such as Ezine, article base, associated content etc. Please do not hesitate to write to us.

 

 

IMPORTANT: Replace CBACCOUNT in the link below with YOUR Clickbank affiliate ID

IMPORTANT: Replace CBACCOUNT in the link below with YOUR Clickbank affiliate ID

IMPORTANT: Replace CBACCOUNT in the link below with YOUR Clickbank affiliate ID

IMPORTANT: Replace CBACCOUNT in the link below with YOUR Clickbank affiliate ID

HOPLINK:
http://www.nextgenerationfxtrading.com/nextgen.php?offer=CBACCOUNT&pid=9

(replace CBACCOUNT with CB ID)

Join Us in this fantastic Launch! 

Main Page | Contact Us

Copyright © 2010 www.GBPBOT.com. All Rights Reserved.
Unauthorized duplication or publication of any materials from this site is expressly prohibited.

ClickBank is a registered trademark of Keynetics Inc., a Delaware corporation. www.GBPBOT.com is not affiliated with Keynetics Inc. in any way, nor does Keynetics Inc. sponsor or approve any www.GBPBOT.com products. Keynetics Inc. expresses no opinion as to the correctness of any of the statements made by www.GBPBOT.com in the materials on this Web page.

Any income claims are typical of top performers not all users and your results will vary. These results are as reported in testimonials from members using the GBPBOT System.

U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.

*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.