Any and all persons, I , we, mentors connected to breathingwiththemarkets.com are not financial brokers / dealers or licensed investment advisors. No one is authorized or licensed to give any financial advice. The information, education and mentorships provided are not to be regarded as financial advice in any form. The recipient / mentee of this complete disclosure recognizes that their decision to acquire a mentorship is done willingly, and no guarantees were made or suggested by anyone at any point. All content is intended for entertainment and educational purposes EXCLUSIVELY. We do not engage in trading or investing on behalf of others, no collective trading, no signals and no financial guidance. Please review this entire disclosure prior to acknowledging and submitting.

CFTC RULE 4.41
Simulated and hypothetical performance results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated and /or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.

No representation is being made, by anyone connected to Breathing With The Markets LLC and /or Rich Walden, that any account will or is likely to achieve profits or losses similar to any examples shown, discussions, history of past trades, or participation in the Mentorship at any time.

STATEMENT BY CHAIRMAN ARTHUR LEVITT
SECURITIES AND EXCHANGE COMMISSION
CONCERNING ON-LINE TRADING

JANUARY 27, 1999

Chairman Arthur Levitt today issued the following statement to investors:

The Internet and other new technologies are in many ways transforming how our capital markets operate. There are clear benefits to these changes including lower costs and faster access to the market for investors. I believe that investors need to remember the investment basics, and not allow the ease and speed with which they can trade to lull them either into a false sense of security or encourage them to trade too quickly or too often.

Over the last two years, particularly in recent months, the SEC has been hearing concerns about retail, on-line (Internet) investing. In fact, the number of complaints concerning on-line investing has increased 330 percent in the last year. Some of the issues raised specifically relate to on-line trading, others are generic to all investing. The majority of them can be addressed through better education and investors ensuring that they have done their homework.

Every day, more and more Americans are investing in the stock market, and many of them are doing so through the Internet. On-line brokerage accounts account for  approximately 25 percent of all retail stock trades. And, the number of on-line brokerage accounts is expected to exceed 10 million by the end of the year.

While the manner in which orders are executed may be changing, the time-honored principles of evaluating a stock have not. An investor’s consideration of the fundamentals of a company — net earnings, P/E ratios, the products or services offered by the company — should never lose their underlying importance.

Investing in the stock market — however you do it and however easy it may be — will always entail risk. I would be very concerned if investors allow the ease with which they can make trades to shortcut or bypass the three golden rules for all investors: (1) Know what you are buying; (2) Know the ground rules under which you buy and sell a stock or bond; and (3) Know the level of risk you are undertaking. On-line investors should remember that it is just as easy, if not more, to lose money through the click of a button as it is to make it.

In recent months, we have begun to identify a number of issues every on-line investor should be aware of. First, investors must understand the issues and limitations of on-line investing. You may occasionally experience delays on these new systems. Demand has grown so quickly that many firms are racing to keep pace with it. In the meantime, you may have trouble getting on-line or receiving timely confirmations of trade executions. You should not always expect “instantaneous” execution and reporting. There can and will be delays in electronic systems. You should investigate and understand options and alternatives to executing and confirming your orders if you encounter on-line problems.

Second, investors may sometimes be surprised at how quickly stock prices actually move. For example, many technology stocks have recently had dramatic and rapid price movements. When many investors attempt to purchase (or sell) the same stock at the same time, the price can move very quickly. Just because you see a price on your computer screen doesn’t mean that you will always be able to get that price in a rapidly changing market. You should take precautions to ensure that you do not end up paying much more for a stock than you intended or can afford.

One way to do this is to use limit orders rather than market orders when submitting a trade in a “hot” stock. The result for investors that do not limit their risk can be quite surprising. Say an investor wanted to buy a stock in an IPO that was trading earlier at $9.00 and failed to specify the maximum they were willing to pay using a limit order. That investor could end up paying whatever price the stock has moved to at the time his order reaches the market — $60, $90 or even more. If, on the other hand, the investor submitted a limit order to buy the stock at $11.00 or less, the order would only be executed if the market price had not moved past that level. Investors should understand the risk associated with trading in a rapidly moving market and make sure that they take all possible actions to control their risk.

Third, I am concerned that investors buying securities on margin may not fully understand the risks involved. In volatile markets, investors who have put up an initial margin payment for a stock may find themselves being required to provide additional cash (maintenance margin) if the price of the stock subsequently falls. If the funds are not paid in a timely manner, the brokerage firm has the right to sell the securities and charge any loss to the investor. When you buy stock on margin, you are borrowing money. And as the stock price changes, you may be required to increase the cash investment. Simply put, you should make sure that you do not over-extend.

Fourth, while new technology available to retail investors may resemble that of professional traders, retail investors should exercise caution before imitating the style of trading and risks undertaken by market professionals. For most individuals, the stock market should be used for investment not trading. Strategies such as day trading can be highly risky, and retail investors engaging in such activities should do so with funds they can afford to lose. I am very concerned when I hear of stories of student loan money, second mortgages or retirement funds being used to engage in this type of activity. Investment should be for the long- run, not for minutes or hours.

Millions of new investors have taken advantage of the unprecedented access and individual control the Internet provides. But, new opportunities present all of us with new responsibilities, challenges and risks. The SEC will do everything it can to protect and inform investors during this time of great innovation and change. But, investor protection — at its most basic and effective level — starts with the investor. I say to all investors — whether you invest on-line, on the phone, or in-person — know what you are buying, what the ground rules are, and what level of risk you are assuming.

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High Risk / Trading / Investments

Trading futures, stocks, options, and other live trading accounts, such as foreign exchange on margin and using leverage, involves a significant level of risk and may not be appropriate for every investor.  It is essential for all traders, investors, and beginners to review the “Risk Disclosures” provided by brokerage accounts before engaging in any investment or trading activities. Prior to participating in live trading in the financial markets, it is crucial to carefully assess your investment goals, level of expertise, experience, and risk tolerance. It is important to acknowledge that losses are a part of trading, and there is a possibility of losing some or all of your initial investment, therefore extreme caution is advised.

It is important to understand the risks associated with trading and to consult with a licensed financial advisor before investing. The individuals and mentors affiliated with the site (Breathingwiththemarkets.com) are not licensed financial advisors and do not provide financial advice. All educational content, mentorships, and information are for educational and entertainment purposes only. It is recommended to practice on a free Demo Account before risking real money. It is essential to read and understand all brokerage disclaimers and the risk involved in financial markets. It is also important to note that past performance is not indicative of future results.

Paper trading highly recommended 

Referred to as virtual trading or simulated trading, this method enables both novice and seasoned traders to simulate the trading process, refine their skills, and practice buying and selling financial assets like stocks, currencies, and indices without the need to use real money.

Skill Level / Demo Accounts Required

Each person possesses their own unique skill level, and their perception of the markets varies. It is important to recognize that everyone has their own limitations, and emotions can potentially lead to unfavorable financial outcomes. Every individual is accountable for their decisions and skill development, which requires continuous practice. Proficiency in a particular skill cannot be assured, and the results of trading or investment decisions are unpredictable. Therefore, each person is solely responsible for the positive or negative outcomes of their trading and investment choices. All mentees are required to practice on a simulated demo account, also known as paper trading, in order to improve their skills, and are encouraged from practicing on a live funded account.

“Sunday’s Chit-Chat” Mentees Q&A Sessions (Depends on Mentors schedule) 

The ability for Mentees to chat with the mentor, ask questions, in a positive environment. This is a separate benefit for the current mentees and not a right.  Mentees do not pay for this benefit. Availability is at the mentor’s discretion. Mentor reserves the right to cancel the benefit at any time.

Cancellation Policy for Sessions

You are NOT able to cancel a session and get a full refund at any time. We ask our mentees to be mindful of their mentor’s time as a cancellation. The Mentor does limited sessions per month. If you book sessions without the intention to attend them, this takes a spot away from someone else and wastes your and your mentor’s time.

If you can’t find a time (exclusion)

If you paid for your mentorship and haven’t scheduled a session yet due to time constraints, message / contact your mentor and see whether they can open up extra spots to overlap with your time zone. There are “no guarantees” that different session times will be available. If that’s not possible, you or your mentor are welcome to cancel the mentorship session. This only applies if you have not already signed up for a session.  You must send an email and write in the subject line “Cancel Mentorship” to start the process. A full refund will be processed after 72 hours. All sessions times posted use (MST, Phoenix, Arizona). Please compare your time zone to our time zone and be on time for all sessions.

If you’ve already scheduled a session time

Contact your mentor if you need to reschedule altogether. You have the right to reschedule a session up until 48 hours before the date of your session. Message your mentor to find a solution or to reschedule the session, as they might have already started prep work and planned their time around the session.

You are not entitled to a refund if you cancel within 48 hours of your scheduled meeting. 

If you missed your session

We do not offer refunds if you’ve missed or no-showed to your session. It’s up to the individual mentor if they’d like to offer you a replacement date. If you’ve booked and

scheduled a session, the mentor has put in the prep work, and has been online during your scheduled appointment, we count the session as ‘completed’.

What counts as no-shows:

• Non-participation on the scheduled date.
• Rescheduling / canceling the meeting less than 48 hours before the appointment / session.

If the session has already happened

In the event that the session has taken place as scheduled, it is considered completed. We do not provide refunds if the session did not meet your expectations. Kindly refrain from attempting to cancel the session in order to receive a refund, as refunds are not issued once session has started or attempting to cancel less than 48 hours prior to the session starting.  A session is identified as any mentorship selected.  No refunds for missed days or voluntarily wanting to cancel a portion of the mentorship.

1-on-1  Zoom Calls

The mentor is open to conducting individual 1:1 Zoom calls. The frequency of these meetings should be mutually decided upon by the student and the mentor. These sessions can be arranged on an irregular basis or scheduled weekly, biweekly, or monthly.

Mentorships programs / virtual zoom meeting / Copyright laws are in effect and will be upheld.

All mentorship sessions will be conducted via zoom calls and may be recorded by the mentors.  During the Zoom sessions, mentees are required to use their real names and have their video on with no still shot backgrounds. Mentors have the authority to mute all participants during the calls, and may unmute for discussions and questions. The mentor will be “screen sharing” for the mentorship. All copyright laws apply and will be enforced. It is the responsibility of ALL mentees to have access to Zoom and their own equipment for the sessions. Mentees are not allowed to disguise their identity or provide login information to anyone. Only paid mentees are permitted to attend the sessions, and if the mentor feels that the rules are not being followed, we have the right to immediately dismiss the mentee from the zoom call with no refunds. Unauthorized access to another person’s account will not be tolerated, and any misuse of Zoom sessions will be evaluated by the mentors. Inappropriate behavior by a mentee will result in immediate removal from the Zoom call and cancellation of their mentorship with no refund.

Any and all persons, I , we, mentors connected to breathingwiththemarkets.com are not financial brokers / dealers or licensed investment advisors. No one is authorized or licensed to give any financial advice. The information, education and mentorships provided are not to be regarded as financial advice in any form. The recipient / mentee of this complete disclosure recognizes that their decision to acquire a mentorship is done willingly, and no guarantees were made or suggested by anyone at any point. All content is intended for entertainment and educational purposes EXCLUSIVELY. We do not engage in trading or investing on behalf of others, no collective trading, no signals and no financial guidance. Please review this entire disclosure prior to acknowledging and submitting. It is not permissible for anyone to replicate, record, or distribute any and all information related to their mentorships, zoom calls or Sunday Chit-Chat. All information provided is for Mentees only.

 Copyright laws are in effect and will be upheld.