Terms of Service

You agree to the terms of service below, and the Terms of Use for Substack, the technology provider.

1. Nature of the Service
Cyclica provides a structured market model that tracks predefined cycle states across selected financial instruments.
The content published within Cyclica reflects model state transitions and historical structural data.
Cyclica does not provide personalized investment advice, portfolio management, or trade execution services.
All information is for informational and educational purposes only.

2. No Investment Advice
Cyclica does not:
Provide investment recommendations
Offer financial, legal, or tax advice
Manage capital on behalf of subscribers
Execute trades
Any decisions made based on the content are solely the responsibility of the subscriber.

3. Model Representation
Performance statistics and historical data represent model-based tracking results.
They:
Are not capital-managed results
Do not reflect live portfolio allocation
Do not represent executed trades
May differ from real-world implementation outcomes
Past model performance does not guarantee future results.

4. No Guarantee
Market conditions change.
Model transitions may produce varying outcomes.
Cyclica makes no guarantees regarding:
Profitability
Accuracy
Future performance
All risk remains with the subscriber.

5. Subscriber Responsibility
Subscribers are responsible for:
Conducting independent research
Assessing personal risk tolerance
Consulting licensed professionals when necessary
Cyclica assumes no liability for financial decisions made by users.

6. Access & Payments
Subscription fees grant access to model updates and related content.
All payments are processed via Stripe through Substack.
Cancellations stop future billing but do not refund prior subscription periods unless required by law.

7. Modifications
Cyclica reserves the right to:
Update the model methodology
Modify content structure
Adjust subscription pricing (for new subscribers)
Update these Terms of Service
Continued use constitutes acceptance of any changes.

8. Limitation of Liability
Cyclica shall not be liable for:
Direct or indirect losses
Trading losses
Opportunity costs
Technical interruptions
Use of the service is at the subscriber’s own risk.

9. Governing Law
These Terms shall be governed by applicable laws in the jurisdiction of the service operator.