Newsletter

Disclaimer

Last updated: November 2026

In short: cowlpane shares the personal views of Thomas, a private investor. Nothing here is investment advice. You can lose money when investing. Talk to a qualified, regulated adviser before making financial decisions.

1. Not investment advice

All content on cowlpane, including articles, the Lab and the newsletter, is for information and education only. It is not investment, financial, legal or tax advice within the meaning of MiFID II (Directive 2014/65/EU), the German Securities Trading Act (WpHG) or any other regulation, and it is not a personal recommendation. Thomas does not know your financial situation, risk tolerance or goals.

2. Not regulated

cowlpane is a personal publication. It is not registered with or supervised by BaFin, ESMA or any other financial authority, and holds no licence to provide investment services.

3. Risk

Every investment carries risk. Prices can fall as well as rise, and you may lose some or all of your money. Past performance is not a reliable indicator of future results. Crypto assets are highly speculative and can lose their entire value. Leveraged products carry additional risk.

4. Own positions

Thomas may hold positions in assets he writes about. Articles reflect his opinion at the time of writing and are not updated when that opinion changes.

5. Lab

The Lab shows paper-trading bots with virtual money. Results are simulated, include no fees or taxes, and say nothing about future results. They are not trading signals.

6. Accuracy

Articles are written with care, but no guarantee is given for their accuracy, completeness or timeliness.

7. Ads, partners and affiliate links

Ads, partner links and affiliate links are commercial and clearly labelled. They are not recommendations.

8. Liability

To the extent permitted by law, the operator (Thomas Jeric) is not liable for any loss arising from the use of content on this site.