FORMAT AND PURPOSE OF TRADESTATION MESSAGE BOARDS (INCLUDING CHAT ROOMS)

Welcome to the TradeStation Message Boards. We offer these Message Boards to help you become a better user of the TradeStation platform by providing a forum to exchange questions, answers and ideas with other TradeStation platform users. From time to time, a TradeStation Securities Registered Representative (a "TSS Rep") will respond to a question or attempt to clarify an issue being discussed. If the question is more technical in nature, a representative of our TradeStation Technologies affiliate who is a specialist in the area may, at our invitation, provide a response. We do not intend to respond to each question or issue presented. We intend to participate mostly to address the most common questions or issues raised about how the TradeStation platform works and is to be used.

This is not a place to tout or hype individual stocks, options, futures or foreign currencies, or even to discuss which stocks, options, futures or foreign currencies to trade. It is a place to try to improve your abilities to design, historically test, optimize, automate and execute your trading strategies with the TradeStation platform, to use the TradeStation platform's order bar and Advanced Orders features, and to otherwise maximize the benefits of your use of the TradeStation platform. If you are looking to make a quick buck, these are not the right Message Boards for you. Also, messages about other brokerage companies or other order execution systems are not appropriate here.

TSS Reps and Message Boards’ administrators will be clearly designated. You acknowledge that any information provided through the TradeStation Securities Message Boards by another user of, or participant in, the TradeStation Securities Message Boards is not the views of, or attributable to, TradeStation Securities or its affiliates. You further acknowledge that, unless expressly stated, any and all members providing information on the Message Boards are not employees, associated persons, or agents of, or otherwise affiliated with, TradeStation Securities or its affiliates. Any participant affiliated with a particular security or commodity that is being discussed in a Message Board or affiliated with a securities or commodities firm must disclose the affiliation when posting a message about that security or commodity.

IMPORTANT NOTE: TSS Reps, administrators and any other "hosts" or participants from TradeStation Securities or its affiliate are not financial advisors and you cannot expect any additional insight or information about any topic simply because the person is a TSS Rep, an employee of TradeStation Securities or its affiliate, or otherwise is identified as a host, administrator or of a similar capacity. Neither TradeStation Securities nor any of its agents or affiliates endorse, assume any responsibility for, or guarantee the accuracy, currency, completeness or usefulness of, any information or statement posted on any Message Board, INCLUDING ANY INFORMATION OR STATEMENT PROVIDED BY A TSS REP OR AN AFFILIATED PERSON OR AGENT. THESE PERSONS ARE USING THEIR KNOWLEDGE TO CONTRIBUTE TO, AND HELP ENRICH, THE INFORMAL DISCUSSIONS AND EXCHANGES OF IDEAS ON THE MESSAGE BOARDS — NOT TO PROVIDE SOLUTIONS OR ADDRESS SPECIFIC, INDIVIDUAL CONCERNS, QUESTIONS OR COMPLAINTS.

ACKNOWLEDGEMENT OF TERMS AND CONDITIONS

This User Agreement includes agreements, acknowledgements, rules and guidelines (collectively,"Guidelines") that set forth the basic terms of TradeStation Securities Message Board usage. In addition to being a set of terms and conditions of use, these Guidelines will also make your experience, and the experience of other members, a more enjoyable and educational one.

Your participation in any TradeStation Securities Message Board or any other service offered in the TradeStation Support Center will serve as an acknowledgment that you have read and understood this User Agreement and all Guidelines, and any other applicable terms and conditions. TradeStation Securities may revoke or suspend your privilege to use the Message Boards and take any other appropriate measures, including the removal of postings, if, solely in TradeStation Securities’ judgment, any inappropriate, undesirable or illegal use of the Message Boards is brought to its attention.

As an interactive computer service, we are provided immunity by Congress in Section 230 of the Communications Decency Act of 1996 from being held responsible for material published to our site by anonymous users. As a registered member and anonymous user of this site, you will be held solely responsible for the content of any message that you post. If you post libelous, defamatory, slanderous or otherwise untruthful remarks about a person or company, you could be putting yourself in legal jeopardy.

By posting information in or otherwise using any communications service, chat room, Message Board, newsgroup, software library or other service that may be available to you on or through this site, you agree to the following terms:

PROTECT YOUR PRIVACY

Do not share your Message Board or other registration information with anyone. You are responsible for protecting the confidentiality of your registration information and are responsible for everything posted and all other actions taken under it. However, you should behave as if you were in a public place. Divulge only what you would be comfortable having others know about you. Do not assume that you are completely anonymous and cannot be identified by your messages.

GENERAL POSTING GUIDELINES

In order to make the Message Boards an effective forum for its members, to protect the rights of others and to comply with securities and commodities laws, the following guidelines must be observed for all information posted on the Message Boards:

Post Constructively

Think before you post. You are entirely responsible for the content of the messages you post, as well as the consequences of any such messages. You cannot change or delete a message once it is posted. Postings are not previewed before they are posted and they are not edited for content, style or errors.

Stay on topic. Each Message Board has a general topic or theme. TSS Reps and Message Board administrators may redirect or remove comments that are not related to the topic in the area in which they are posted. Redundancy in posting the subject and topic in multiple forums is not permitted.

Be understandable. Refer to stocks, options, futures and foreign currencies by symbol and name. Avoid little known references and avoid excessive abbreviations.

Remember the purpose. A TradeStation Securities Message Board is not a place to tout or hype stocks. For this reason, you may not post information about low-volume or "penny" stocks (under $5.00 a share, unless listed on a national securities exchange or Nasdaq National Market), OTC Bulletin Board traded securities, or over-the-counter (i.e., "pink sheet") securities or other securities that are not listed on a national securities exchange or the Nasdaq National Market.

Use Responsibly

Do your own research. Information obtained from the Message Boards is no substitute for independent research and analysis. You should not trade or make any investment decision based on what is said on the Message Boards.

Don't believe everything you read. You should not assume that other members participating on the Message Boards are who they say they are, know what they say they know, or are affiliated with whom they say they are affiliated. TradeStation Securities is not responsible for verifying the accuracy of any information on the Message Boards and is not responsible for any trading or investment decisions based on such information. Again, you should not trade or make any investment decision based on what is said on the Message Boards.

Be honest. Do no impersonate any person or falsely state or otherwise misrepresent yourself or your affiliation with a person or entity. Do not post false or misleading statements.

Be mindful of the securities and commodities laws. Do not post any material that would violate the laws, rules and regulations of the United States Securities and Exchange Commission, the Commodity Futures Trading Commission, or the national or other securities and commodities/futures exchanges, especially:

Do not post any information to manipulate, or attempt to manipulate, any security, commodity future, foreign currency or the markets in general.

Do not post any non-public information or "inside" information.

Do not post stock, options, futures or foreign currency quotes.

Do not post offers to buy or sell any security or commodity future or foreign currency.

PLEASE ALWAYS ADHERE TO THE FOLLOWING RULES

By posting information in or otherwise using any Message Board, newsgroup, software library or other interactive service that may be available to you on or through this site, you agree that you will not upload, post or otherwise distribute or facilitate distribution of any content—including text, communications, software, images, sounds, data or other information—that:

In addition, your screen name must be different than your real name and consideration should be given to your choice of screen name so that it will not be deemed offensive by other users.

Community members will be able to post messages and replies for topics that relate to the TradeStation version for which they are enabled (and all prior builds), and to view posts for a period of up to one year back from the current date.

You also agree that you will not harvest or collect information about the users or members of this site or use such information for the purpose of transmitting or facilitating transmission of unsolicited bulk electronic e-mail or communications.

You further agree that you will not knowingly solicit or collect personal information from a minor (anyone under 18 yrs old). Personal information of a minor includes but is not limited to name, address, phone number and name of school.

Neither TradeStation Securities nor its affiliates pre-screen the content posted by users of communications services, chat rooms, Message Boards, newsgroups, software libraries or other interactive services that may be available on or through this site. However, TradeStation Securities has the right, in its sole discretion, to remove any content that, in its judgment, does not comply with the Guidelines or is otherwise harmful, objectionable or inaccurate. Neither TradeStation Securities nor its affiliate is responsible for any failure or delay in removing such content.

We do not share your email address or other information with unaffiliated third parties. Because our site is an interactive community, you may receive automatically generated emails notifying you whenever there are replies to your posts. By becoming a member, you may also receive an occasional email notifying you of new site features or events. If at any time you do not want to receive any more of these mailings, you are always given the option to unsubscribe in each email. Also, see our privacy policy for information on how we collect and use your personal information.

While we appreciate your interest in TradeStation, we do not want and cannot accept any ideas or content you consider to be proprietary. Consequently, any material you submit to this site will be deemed a grant of a royalty free non-exclusive right and license to use, reproduce, modify, display, transmit, adapt, publish,translate, create derivative works from and distribute these materials throughout the universe in any medium and through any methods of distribution, transmission and display whether now known or hereafter devised. In addition, you warrant that all so-called "moral rights" have been waived.

Advertisements are strictly prohibited.
You warrant that you will not solicit through your posts.

Forum Administrators may be monitoring messages posted on the forums. Violations of any of these rules may result in deletion of the subject messages and/or loss of all privileges. In addition, in order to more accurately describe the subject matter of certain posted messages we or our affiliate may edit the subject heading to be more "on point" or descriptive. If this is done, you will be notified by e-mail by a Forum Administrator.

Please specify a subject line that is descriptive of your question or issue. Generic subjects usually receive less attention from the community.

AND PLEASE REMEMBER - MESSAGE BOARDS AND OTHER INFORMATION AND SERVICES ON THIS WEB STE ARE NOT IN ANY MANNER INTENDED TO REPLACE BROKERAGE CLIENT SERVICES OR TRADE DESK SERVICES AS AND WHEN NEEDED. IF SUCH SERVICES ARE NEEDED, YOU MUST CONTACT THOSE DEPARTMENTS DIRECTLY BY TELEPHONE.

YOU UNDERSTAND AND ACKNOWLEDGE THAT BY YOUR AGREEING TO THESE GUIDELINES AND USER AGREEMENT YOU ARE CREATING LEGAL AND BINDING OBLIGATIONS FOR YOURSELF AS WELL AS LEGAL AND BINDING RIGHTS IN FAVOR OF TRADESTATION SECURITES AND ITS AFFILIATES. THESE GUIDELINES AND USER AGREEMENT ARE SUPPLEMENTAL TO, AND DO NOT REPLACE, ALL OTHER INFORMATION, NOTICES, DISCLOSURES, DISCLAIMERS, ASSUMPTIONS OF RISK AND USER AGREEMENTS ON OR ACCESSIBLE FROM TRADESTATION.COM. ALL SUPPORT, EDUCATION AND TRAINING SERVICES AND MATERIALS ON THE TRADESTATION SECURITIES WEB SITE ARE FOR INFORMATIONAL PURPOSES AND TO HELP CUSTOMERS LEARN MORE ABOUT HOW TO USE THE POWER OF TRADESTATION SOFTWARE AND SERVICES AND TO HELP PROVIDE OTHER CUSTOMER SUPPORT. NO TYPE OF TRADING OR INVESTMENT RECOMMENDATION, ADVICE OR STRATEGY IS BEING MADE, GIVEN OR IN ANY MANNER PROVIDED BY TRADESTATION SECURITIES OR ITS AFFILIATES.