All trading activity in JMT² — including journals, simulated positions, signal outcomes, and any "paper" account — is hypothetical and for educational purposes only. It uses virtual, simulated funds. No real money is involved, no brokerage account is opened, and no orders are ever executed in any market.
Unlike an actual trading record, simulated results do not represent real trading. Because these trades were not actually executed, results may under- or over-compensate for real-world factors such as liquidity, slippage, fees, and market impact, and are generally prepared 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.
Simulated fills and prices are approximations and may differ materially from live market conditions. Any signal cards, example trades, or profit-and-loss figures shown anywhere in JMT² or on this website are illustrative and impersonal — published identically to all members, not tailored to you, and not a recommendation to buy or sell any security.
Nothing here is investment advice. Markets involve risk, including the loss of principal. Past or hypothetical performance is not indicative of future results.