RISK DISCLOSURE STATEMENT:

THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD BE AWARE OF THE FOLLOWING:

IF YOU PURCHASE A COMMODITY OPTION, YOU MAY SUSTAIN A TOTAL LOSS OF THE PREMIUM AND OF ALL TRANSACTION COSTS.

IF YOU PURCHASE OR SELL A COMMODITY FUTURE OR SELL A COMMODITY OPTION, YOU MAY SUSTAIN A TOTAL LOSS OF THE INITIAL MARGIN FUNDS AND ANY ADDITIONAL FUNDS THAT YOU DEPOSIT WITH YOUR BROKER TO ESTABLISH OR MAINTAIN YOUR POSITION. IF THE MARKET MOVES AGAINST YOUR POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO DEPOSIT A SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN FUNDS, ON SHORT NOTICE, IN ORDER TO MAINTAIN YOUR POSITION. IF YOU DO NOT PROVIDE THE REQUESTED FUNDS WITHIN THE PRESCRIBED TIME,YOUR POSITION MAY BE LIQUIDATED AT A LOSS, AND YOU WILL BE LIABLE FOR ANY RESULTING DEFICIT IN YOUR ACCOUNT.

UNDER CERTAIN MARKET CONDITIONS, YOU MAY FIND IT DIFFICULT OR IMPOSSIBLE TO LIQUIDATE A POSITION. THIS CAN OCCUR, FOR EXAMPLE, WHEN THE MARKET MAKES A ALIMIT MOVE.@

THE PLACEMENT OF CONTINGENT ORDERS BY YOU OR YOUR TRADING ADVISOR, SUCH AS A ASTOP-LOSS@ OR ASTOP-LIMIT@ ORDER, WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS, SINCE MARKET CONDITIONS MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS.

A ASPREAD@ POSITION MAY NOT BE LESS RISKY THAN A SIMPLE ALONG@ OR ASHORT@ POSITION.

THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.

YOU SHOULD ALSO BE AWARE THAT THIS COMMODITY TRADING ADVISOR MAY ENGAGE IN TRADING FOREIGN FUTURES OR OPTIONS CONTRACTS. TRANSACTIONS ON MARKETS LOCATED OUTSIDE THE UNITED STATES, INCLUDING MARKETS FORMALLY LINKED TO A UNITED STATES MARKET MAY BE SUBJECT TO REGULATIONS WHICH OFFER DIFFERENT OR DIMINISHED PROTECTION.

FURTHER, UNITED STATES REGULATORY AUTHORITIES MAY BE UNABLE TO COMPEL THE ENFORCEMENT OF THE RULES OF REGULATORY AUTHORITIES OR MARKETS IN NON-UNITED STATES JURISDICTIONS WHERE YOUR TRANSACTIONS MAY BE EFFECTED. BEFORE YOU TRADE YOU SHOULD INQUIRE ABOUT ANY RULES RELEVANT TO YOUR PARTICULAR CONTEMPLATED TRANSACTIONS AND ASK THE FIRM WITH WHICH YOU INTEND TO TRADE FOR DETAILS ABOUT THE TYPES OF REDRESS AVAILABLE IN BOTH YOUR LOCAL AND OTHER RELEVANT JURISDICTIONS.

I Agree:

Commodity Futures Price Information
Subscription Agreement

The price information provided by Northstar Trader will consist of beginning of the day support and resistance levels as well as areas of support and resistance that may develop throughout the trading session. I understand that this information does NOT guarantee trading profits and that I am solely responsible for any and all trading losses that might be generated as a result of my trading. Neither Northstar Trader nor R.G. Paul, Inc., including their officers and employees, are responsible for any trading losses or expenses that I may incur. Northstar Trader will not be responsible for delays or failure of performance resulting from Internet Service Provider delivery problems or failure, or any communication or delivery problems associated with the internet in general ; including but not exclusively website malfunction

I also understand and agree that the information provided to me by Northstar Trader is for my exclusive use as a customer of Northstar Trader and that this trading information may not be reproduced, transferred, sub-licensed, modified, re-sold, redistributed or shared with any other party. I explicitly agree that I will not disseminate, broadcast, distribute or publish the Services or the Content over a computer network, such as a local area network (LAN) or a wide area network (WAN) or any other network. I agree to keep my user name and password confidential . In addition I also understand and agree that the information provided to me by Northstar Trader including levels of support or resistance, directional pivots, long and short term price targets, opinions of trend and trend continuation or any other information disseminated on this site are projections based on the current market conditions and are not predictions; nor will the information and projections necessarily always be correct. The current subscription fee is $200 per month for intraday price information for the following commodities: 10 year note futures, Nasdaq futures, S&P, and Dow futures. Either party can terminate this agreement at any time with a 10 day verbal or written notice.

CUSTOMER UNDERSTANDS AND ACKNOWLEDGES THAT BY CLICKING I AGREE BELOW, CUSTOMER IS EXECUTING THE ABOVE AGREEMENT WITH NORTHSTAR TRADER IN CONNECTION WITH THE SERVICES AND IS AGREEING TO BE LEGALLY BOUND BY ALL OF THE TERMS AND CONDITIONS OF THIS AGREEMENT.

I Agree: