Hypothetical or simulated performances are produced with the benefit of hindsight and therefore have certain limitations.Unlike actual performance, simulated results do not represent live trading. Since the trades have not been executed the results may be under or over compensated for the lack of impact if any of certain market factors such as lack of liquidity.No representation is being made that any account will or is likely to achieve profits or losses similar to those shown above. This material is for education purposes only and is not an invitation to buy or sell any financial product.