Risk & performance disclosures
Last updated September 29, 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.
Hypothetical performance disclosure (CFTC Rule 4.41)
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.
About the results shown
Results on this website come from the NinjaTrader 8 Strategy Analyzer run on NQ intraday historical data from January 1, 2025 through September 28, 2026, trading 2 contracts, with no slippage modeled. Historical profit is shown before commissions: at $11.52 per round trip, commissions over the period totalled $7,258, for a net profit after commissions of $66,902. Profit factor and average trade are shown after commissions. Earlier backtest periods were weaker, and calendar year 2024 was a net loss. Live results can differ because of slippage, latency, data differences and platform or connection issues.
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.