1. Futures Trading Risk
Futures contracts are leveraged instruments. A relatively small market movement can result in a loss greater than your initial deposit. You may sustain a total loss of all funds in your trading account. Only trade with capital you can afford to lose entirely.
2. Algorithmic and Automated Trading Risk
Elvie executes trades automatically based on pre-programmed signals. Automated systems carry specific risks that differ from manual trading:
• The algorithm may behave unexpectedly during abnormal, illiquid, or fast-moving market conditions.
• System failures, internet outages, API disconnections, or broker platform errors may cause missed entries, missed exits, duplicate orders, or unintended positions.
• The strategy's historical and forward-tested performance does not guarantee future results. Market conditions change and past patterns may not repeat.
• Slippage — the difference between expected and actual execution price — can materially affect results, especially in volatile markets.
3. Prop Firm Account Risk
If you are using Elvie within a funded or evaluation account through a proprietary trading firm (such as Topstep or Lucid), you accept the following additional risks:
• Elvie does not guarantee compliance with any prop firm's current trading rules. Rules change without notice.
• A single unexpected trade or drawdown event may result in termination of your funded account.
• Elvie is not responsible for account violations, failed evaluations, or loss of funded capital under any circumstances.
• Prop firms may change their rules, supported platforms, or terms of service at any time, which may affect compatibility with Elvie.
4. No Guarantee of Performance
All performance figures, win rates, profit factors, equity curves, and P&L data shown on this site represent historical or forward-tested results under specific market conditions. These results:
• Do not guarantee future performance
• May not be achievable by all users due to differences in account size, broker, timing, and market conditions at the time of use
• Are presented for informational purposes only and are not a promise or projection of income
5. No Investment Advice
Elvie is a software tool. Luke Bedikian is not a registered investment advisor, commodity trading advisor (CTA), commodity pool operator (CPO), or broker-dealer. Nothing provided through the Service constitutes financial or investment advice. You are solely responsible for your trading decisions.
6. Technology and Third-Party Risk
Elvie relies on third-party platforms including TradingView, TradersPost, Tradovate, and prop firm infrastructure (including but not limited to Topstep and Lucid). Outages, policy changes, rule modifications, or discontinuation of any of these platforms could affect or eliminate the functionality of the Service. Elvie is not responsible for disruptions caused by third-party platforms.
7. Acknowledgment
By using Elvie, you acknowledge that you have read, understood, and accepted the risks described in this disclosure. You confirm that you are trading with capital you can afford to lose and that you are making an independent decision to use this Service.
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