FreedomRocks and thousands of its members worldwide have experienced tremendous success since we combined our financial product line with our state-of-the-art business plan in November of 2005. To ensure we continue this level of success and growth for many years to come, I’d like to take this opportunity to address a few issues. Enthusiasm is a wonderful thing. And while it is certainly natural to be excited about the earning potential our system may have demonstrated in the past, there is a very real issue in being too zealous when talking (in particular) about trading and foreign exchange.
FreedomRocks members who choose to become Independent Representatives (and be compensated for sharing our program with others) must take our mandatory compliance course. When talking about trading results in your normal prospecting activities, it is important to explain the balance that must be achieved while trading.
Forex trading is a highly leveraged, dynamic class of investing in which only risk capital should be used. “Risk capital” is defined as money which would not represent a significant change in your day-to-day lifestyle if it were lost. Significant profits and losses can result from over-leveraged positions, improper risk management, and lack of understanding about the FreedomRocks software and/or your broker’s trading platform. Always practice with a demo account until you are 100% comfortable with these concepts and functions.
The FreedomRocks system was developed to teach people how to self-trade their portfolios with minimal knowledge of the complex economics and mathematics involved in such trading. Misuse of the FreedomRocks parameters could have a disastrous impact on your portfolio.
Individuals have offered their services as “trading managers” to those either in or those contemplating joining the FreedomRocks organization. Others have offered “advice” on how to enhance returns with other programs and/or software. This activity is neither condoned nor supported by FreedomRocks. In many cases, these activities circumvent the basic core functions and safeguards of the FreedomRocks system and expose the individual to even greater levels of risk. They may also violate the terms of use agreements with your brokers and may result in possible regulatory violations concerning managed accounts.
Lastly, the results achieved by some of our members have been promoted via websites, blogs, chat rooms, forums and other electronic media – including testimonials with specific rates of return. FreedomRocks has made it explicitly clear there should be no postings of this nature. When we find them, we take immediate and, in some cases, unpleasant action to protect our members and our good standing within the trading community. If we adhere to these basic and simple ideas, FreedomRocks and its members will continue to flourish for many years to come.
* Thoroughly explain the pros and cons of using highly leveraged products. Risk and reward go hand-in-hand. There is as much potential for large losses as there is for large gains.
* Traders should use only “risk capital” when trading.
* Never post results or testimonials about results either electronically, digitally or through chat rooms, blogs, forums, websites, etc.
* Never market the FreedomRocks program with advice about other programs/software so as to attract clients or potential clients.
If you have any doubts or questions about these topics or feel someone may be abusing these rules, we want to hear about it. Please contact our office at support@freedomrocks.com, or at (702) 638-1444.
Thousands of people around the world are experiencing the rewards of our financial products combined with our world-class business opportunity, and hundreds more get started each week. I invite you to enjoy our video presentations and discover for yourself just how incredible you can be.