By proceeding on the TFX Education Ltd (“TFX” “We” or “Us” or “Our”) website (transparentfxtrading.com/)(the “Website”) and accessing TFX’s social media accounts/channels (the “Channels”), you acknowledge and agree that these platforms were created exclusively for educational purposes and to promote and offer TFX’s educational programs. None of the services offered on the Website or the Channels constitute investment advice or any other investment service, and any trade setup and opportunity available on the Website or the Channels are TFX’s opinion and are being shared for educational purposes only. The free and paid content on the Website and the Channels, strategies and trade setups are based on TFX’s (and that of its founder) own approach to the markets, knowledge, trading experience, and trading rules. Therefore, all content on this Website, including the Channels, must be treated as bona fide publications of general and regular circulation offering impersonalized information. The educational programs offered by TFX might provide valuable lessons to you, or they might not, as individual opinions will vary. TFX, the TFX founder, and any TFX employees shall not have any liability whatsoever to any user of this Website, the Channels or to any of our students using Our paid instructional courses. Forex/cryptocurrency/OTC penny stock trading is highly speculative in nature and the value of such positions are extremely volatile. Forex/Cryptocurrency/OTC penny stock trading carries a high level of risk and is not suitable for everyone. The vast majority of traders will lose money in these markets and some trades can result in a significant percentage loss, or a complete loss, of your contributed capital. Any student testimonials found on this Website and/or on the Channels are taken from our real students that have actually purchased the TFX educational program. We strictly provide an education service. The results you should generally expect to achieve are based on available historical data, which suggests that you will likely lose money. Relevant studies indicate at least 50% of Our students will not be profitable overall. Studies:
1 Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2014). 2 Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance , Vol. 15, No.
2, Fall/Winter 2005. Available at SSRN: https://ssrn.com/abstract=908615). 2. Additionally, out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619. 3. Finally, out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of than $10,000. Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94, DOI: 10.2469/faj.v59.n6.2578)
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