Legal

Risk Disclosure

Last updated: July 22, 2026

Read this document carefully before subscribing to SSEC. Futures trading — including the trading executed by SSEC — carries a substantial risk of loss and is not suitable for every person. The information here is provided to help you understand those risks; it is not a substitute for independent legal, tax, or financial advice.

1. What SSEC is (and is not)

SSEC is a software service that generates identical algorithmic trading signals for micro gold futures (MGC on COMEX) and executes them via third-party integrations (TradingView and TradersPost) on your own broker or prop-firm account.

SSEC is software, not investment advice. SSEC does not:

• hold your funds;
• trade with your capital under a discretionary mandate;
• provide investment advice (§ 1 Abs 1a KWG / MiFID II);
• tailor recommendations to your personal financial situation, goals, or risk tolerance — every subscriber receives identical signals.

You retain full control of your trading account at all times. You can pause the bot, close trades manually, or unsubscribe.

2. Substantial risk of loss

Futures are leveraged instruments. A small movement in the underlying market can produce a disproportionately large gain or loss on your account. Specific risks include:

• Leverage: a small unfavorable price move can wipe out a significant portion of your account. Micro gold futures (MGC) have a $10 tick value per contract, and a standard MGC contract represents 10 oz of gold — currently ~$25,000 notional per contract.
• Slippage: the price at which your order is filled may differ from the price the algorithm expected, especially in fast-moving markets or during news events.
• Gaps: the market can jump past a stop-loss order, causing a larger loss than intended.
• Margin calls: if account equity falls below required margin, your broker may liquidate positions at unfavorable prices without notice.
• Overnight and weekend risk: though CME trades futures nearly 24/5, liquidity is thin at certain times and news can cause large opening gaps on Sunday evening.
• Total loss possible: you can lose your entire trading capital and, on a personal (non-prop) account, more than your initial margin.

3. Prop-firm-specific risks

If you use SSEC on a prop-firm evaluation or funded account, additional risks apply:

• Evaluation fee loss: if the bot breaches the prop firm's rules (drawdown, daily loss limit, consistency requirement), your evaluation account is closed and the evaluation fee is not refunded.
• Rule changes: prop firms can change their rules at any time. A trade that was compliant yesterday may violate a new rule today.
• Delayed / denied payouts: even a passed evaluation and profitable funded account does not guarantee a payout — every prop firm reserves the right to review and, in some cases, reject payout requests.
• Prop-firm solvency: a prop firm may become insolvent, freezing accounts and unpaid balances.
• SSEC is tested only on Lucid. Behavior on other prop firms is not warranted.

4. Third-party dependencies

SSEC depends on services outside our control. An outage or malfunction of any of the following can prevent the bot from opening, managing, or closing trades correctly, and can cause losses that SSEC cannot detect or reverse:

• TradingView (signal generation)
• TradersPost (webhook execution)
• Your broker / prop-firm platform
• CME market-data feed
• Internet connectivity between any of these systems

5. No guaranteed performance

Past performance is not indicative of future results. Any figures shown on this website (win rate, profit factor, monthly P&L, daily-loss-limit performance) reflect a specific historical period and account setup, and can change materially in the future. Live results in your own account will differ because of at least:

• different account size and contract count;
• different broker fill quality and commissions;
• different latency between signal and execution;
• different prop-firm rules than the ones the algorithm was tuned against.

6. Backtest limitations

Where backtested results are shown, they are hypothetical and do not represent actual trading. Backtests are subject to hindsight bias, look-ahead bias, survivorship bias, and other limitations. In particular, backtests generally do not model slippage, commissions, margin calls, exchange downtime, or the impact of a live order on the market.

7. Suitability

You should only use SSEC if you (a) understand futures trading, (b) can afford the total loss of the capital committed (including all prop-firm evaluation fees), and (c) have consulted an independent, qualified financial or legal advisor if you are unsure whether the product is right for your situation.

SSEC is not suitable for anyone whose capital is intended for essential living expenses, retirement provisioning, or debt servicing.

8. Regulatory framing

SSEC is provided by a natural person / undertaking based in the Federal Republic of Germany (see Impressum). It is not licensed as a bank, investment firm, or investment adviser by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) or by any other regulator, because its activity is a pure software service that (i) does not hold customer funds, (ii) does not tailor advice to individuals, and (iii) does not manage assets. Any change in regulatory interpretation could affect the availability of the Service.

If you are located in a jurisdiction where the use of an automated third-party trading system requires registration or approval, you are responsible for complying with local rules before subscribing.

9. Producer of investment recommendations (MAR Art 20)

To the extent any published signal, screenshot, or figure qualifies as an "investment recommendation" within the meaning of Art. 3(1)(35) MAR and Delegated Regulation (EU) 2016/958, the following identifying information applies:

Producer: Bastian Wiedenhöfer, Jahnstr. 23, 73441 Bopfingen, Germany.
Competent supervisory authority: none (the activity is not subject to a licensing requirement under the German Banking Act / Securities Trading Act; see § 8).
Method: rule-based quantitative algorithm using pivot-based entries on short-timeframe MGC futures. Not individually tailored — all subscribers receive identical signals.
Conflict of interest: The producer trades the same MGC instrument with the same signals on his own trading account. The producer has no shareholding in TradingView, TradersPost, Lucid, or any other prop-firm mentioned on this site, and receives no referral commissions from them beyond publicly disclosed affiliate links (if any). No third-party sponsorship or paid placement was received for any figure shown on the Performance page.
Date and time of first dissemination: shown next to each specific figure on the Performance page.
Retrospective performance: presented with source (Lucid dashboard export) and dated period.

10. Your acknowledgment

By subscribing to SSEC you confirm that you have read and understood this Risk Disclosure and accept the risks it describes.

For withdrawal rights (14-day cooling-off period for consumers), see Withdrawal. For contract terms, see Terms of Service.