Risk & performance disclosures
Last updated October 5, 2026.
Risk disclosure
Futures trading involves substantial risk of loss and is not suitable for every investor. You can lose more than your initial investment. Only trade with money you can afford to lose. Past performance, whether actual or hypothetical, is not indicative of future results.
About the results shown
Results on this website come from the NinjaTrader account statements from January 2026 through the present. Gross profit is shown before commissions: charged at $11.52 per round trip on the first 630 trades and $8.72 per round trip from October 5, 2026, commissions over the period totalled $7,345, for a net profit after commissions of $68,615. Profit factor is shown after commissions. All live trades shown ran with Sovren’s protective exit active. Live results can differ because of slippage, latency, data differences and platform or connection issues.
Hypothetical backtest
The backtest on the Performance page is a simulation run in the NinjaTrader 8 Strategy Analyzer on NQ futures with 1-minute bars and 2 contracts, from January 1, 2020 to October 4, 2026, using SOVREN's current rules and settings. It includes commission of $11.52 per round trip and slippage, and profit targets fill only when price trades through them. These are not actual trades and are shown separately from the live results above.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Monthly trading window
SOVREN does not initiate new trades after the 22nd of each month. This is a deliberate strategy filter designed to avoid a later-month market environment that has historically been less aligned with the opening-session conditions SOVREN is designed to trade. It reflects the strategy's design rationale, not a guarantee about how markets will behave.
Not investment advice
Sovren is software. It is not investment advice or a recommendation to buy or sell any security or futures contract. Sovren and its owners are not registered investment advisers, commodity trading advisors or brokers. You are solely responsible for your trading decisions and for how you configure and run the software.
Prop firms
Prop firm names and rules belong to their owners. Sovren is not affiliated with, endorsed by or sponsored by any prop firm. Each firm sets its own rules on automated trading, copy trading and news trading, and you are responsible for following them.