FLHP Trading Systems, LLC is not an investment advisory service, nor a registered investment adviser or broker-dealer and does not purport to direct or suggest which securities customers should buy or sell for themselves. You understand and acknowledge that there is a very high degree of risk involved in trading securities. FLHP Trading Systems, LLC assumes no responsibility or liability, express or implied, for your trading and investment results. It should not be assumed that the methods, techniques, or indicators presented in this product will be profitable or that they will not result in losses. Past results of any trading system published by FLHP Trading Systems, LLC are not indicative of future returns realized by that system, and are not indicative of future returns which may or may be realized by an individual trader. In addition, the indicators, strategies, columns, articles and all other features of FLHP Trading Systems, LLC's products and communications are provided for informational and educational purposes only and should not be construed as investment advice. Performance data presented on FLHP Trading Systems, LLC's website are for educational purposes only. Such data and indicators are not solicitations of any order to buy or sell any security. Accordingly, you should not rely solely on the the information contained herein in making any investment decision. You should always check with your licensed financial adviser and tax adviser to determine the suitability of any investment. Before placing any trade you should consult with a licensed broker or registered investment adviser as well as read The Characteristics and Risks of Standardized Options. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS ("PAPER OR VIRTUALTRADING") IN THE ETF MODELS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED WITH CAPITAL, 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 PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.