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| Disclosures |
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| CFTC RISK DISCLOSURE STATEMENT |
The risk of loss in trading foreign exchange can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.

The high degree of leverage that is often obtainable in foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.

In some cases, managed foreign exchange accounts are subject to substantial charges for management and advisory fees. It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the Futures Commission Merchant (FCM).

The regulations of the Commodity Futures Trading Commission (CFTC) require that prospective customers of an FCM receive a disclosure document when they are solicited to enter into an agreement whereby the FCM will direct or guide the clients trading and that certain risk factors are highlighted. This document is readily accessible at this site. This brief statement cannot disclose all of the risks and other significant aspects of the foreign exchange markets. Therefore, you should proceed directly to the disclosure document and study it carefully to determine whether such trading is appropriate for you in light of your financial condition. You are encouraged to access the disclosure document by clicking the links provided by the FCM. You will not incur any additional charges by accessing the disclosure document. You may also request delivery of a hard copy of the disclosure document, which will also be provided to you at no additional cost. The CFTC has not passed upon the merits of participating in any of these trading programs nor on the adequacy or accuracy of any of these disclosure documents.

Other disclosure statements are required to be provided to you before a managed foreign exchange account may be opened for you.

Past performance does not necessarily guarantee future results, nor does it guarantee freedom from losses. The information contained herein should not be construed as an offer to buy or sell commodities, futures or any security type investment SSCM highly recommends that before making a decision, the reader collects several opinions related to the decision and verifies facts from at least several independent sources. The CFTC has not passed upon the merits of participating in any of managed accounts programs nor on the adequacy or accuracy of any of these disclosure documents. Other disclosure statements may be provided to you before a managed foreign exchange account may be opened for you.

NOTE:
The following document explains the most relevant issues pertaining to SSCM managed account program in the foreign exchange (FOREX) markets, also known as cash foreign currencies or the inter-bank currency market. United States governmental financial market regulatory agencies such as the CFTC, NFA and EC are in the process of establishing additional laws, rules and guidelines pertaining to (FOREX) trading firms and (FOREX) investments. The rules being enacted by the regulatory agencies are in the developmental stages and are evolving. That being the case, there seems to be some level of disagreement as to what the rules actually mean, and for whom, how and where they apply. Thus, while SSCM has made a conscious effort to abide by all existing rules and regulations, it is possible that SSCM may not be completely up to date with the latest regulations pertaining to the industry, this document, or SSCM business operations. However, if any material items are discovered by SSCM or new regulations are developed that SSCM clients must know about, then SSCM will attempt to notify the Client and/or make the information available on FX Professional International Solutions website. It is possible that changes in regulations could require SSCM amended this document. |
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| RISK MANAGEMENT |
Controlling risk:
Using our intraday strategy, at the time an entry signal is issued, a trailing protective stop loss order is also issued. Once entered into a market if a trade moves in the anticipated direction by a certain amount, the stop order will follow the price action to further reduce trade exposure. If a market continues to move in a favorable direction, then the trailing stop begins to lock in market profits. If the market does not move in the anticipated direction, there is a certain exposure calculated to allow small oscillations potentially giving the market opportunity to return back to a favorable status. If the market continuously keeps going in the adverse direction, the position will be closed out with a calculated loss as a normal part of doing business.

Money Management:
Professional traders and money managers often consider a good money management method to be the single most important aspect of a successful investment program. SilverSand Capital Management adds positions to the trading size as total equity increases to predefined fixed levels achieving a compound effect.

Leverage:
The maximum portion of an account that will be allocated toward margin deposits for trading purposes (maximum margin deposits) is 1-5% of total account value.

SilverSand Capital Management. efforts to reduce volatility: Reducing volatility and holding onto gains when trends quickly reverse is something with which many money managers can have problems with. Relying on one golden trading system or on one market does not allow for diversification or hedging. SSCM trades in multiple currency pairs and deploys multiple entry trading strategies as well as different ranging protective trailing stops and limits (profit levels) per system to achieve a diversified and hedging effect. In addition to a low level of leverage (SSCM ) achieves a reduced level of volatility, which has helped reduce our peak equity drawdowns in sideways markets. However, there is no guarantee this will continue to be the case or that losses will be prevented.

SilverSand Capital Management. anticipates and desires to use and rely upon their computer generated (automated) trading signals to trade for client accounts. However, if determined necessary, at any time, and in the best interest of the client, SSCM reserves the right to intervene in the trading decision process, for example, but not limited to, during periods of high volatility or perhaps in a very low volatility dead market, or in aberrant market conditions, to adjust position size, system parameters, or to not trade, thus temporarily override the computerized technical trading system. Any such action can be for risk-reduction purposes or profit enhancement. |
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| ADDITIONAL DISCLOSURE |
Disclosure of Customer Information:
SilverSand Capital Management will not share or sell information regarding its customers and/or prospective customers, except to its employees, agents, partners, and associates as required in the ordinary course of SSCM business conducted on behalf of customers, including, but not limited to, SilverSand Capital Management’s banking or credit relationships. SilverSand Capital Management may also disclose to federal or state regulatory agencies and law enforcement authorities’ information regarding customer and customer’s transactions in response to a request for such information or in response to a court order or subpoena.

Internet Trading:
Since SilverSand Capital Management does not control signal power, its reception or routing via Internet, configuration of customer’s equipment or reliability of its connection, SilverSand Capital Management shall not be liable for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any breakdown or failure of any transmission or communication system or computer facility or trading or reporting software, whether belonging to SilverSand Capital Management or its customers.

SilverSand Capital Management. shall not be liable to any customer for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any events, actions or omissions, without limitation, claims, losses, damages, costs and expenses, including attorneys’ fees, resulting from civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalizations, devaluations), natural disasters, acts of God, market conditions, inability to communicate with any relevant person or any delay, disruption, failure or malfunction of any transmission or communication system or computer facility, whether belonging to SilverSand Capital Management, customers, any market, or any settlement or clearing system.

Conflict of Interest:
The trading advisor and its principals may manage proprietary accounts for themselves. These accounts may be more speculatative in nature and may experience larger gains or losses over a period of time. These trading accounts will not be open to inspection by clients. The trading advisor and its principals will not deliberately favor its own, its principals, its employees account or any client account under management over other clients accounts. A proportion of these proprietary trading may be conducted in parallel with trading clients accounts. A greater risk may be assumed in trading proprietary accounts than that which is assumed for client’s accounts. As a result, proprietary accounts may experience gains or losses, which are substantially different from those experiences by client’s accounts. Each client account may be traded differently from one another depending on a number of factors. Example, the amount of money invested in one account verses the other, or client has particular wishes.

Fee Structure:
2% Per Annum Asset management – This fee is billed monthly to SSCM at 0.166% and this is calculated from the accounts balance at the end of the trading month. This fee is used to maintain overhead cost, such as utility, employees, server’s maintenance etc.

Performance Fee:
This is a 20% charge for trading performance. Profit and loss is calculated at the end of the trading month. The performance fee is only paid on profitable months.

Example, if an account starts with $50,000 and a profit of $1,500.00 was made then SSCM will be paid 20% of $1500.00, which equals to $375.00 in commission. Now the account is $50,000.00 + $1,125.00 = $51,125.00. If the following month the account is in a loss of 1,000.00, and the account balance is now $50,125.00, SSCM will not be paid a performance fee as the account fell below previous month balance. Not until SSCM exceeds $51,125.00 in the account will SSCM be paid commission on profits above $51,125.00, and therefore the company gets paid on new profits ONLY. |
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