The line that keeps this a school.
We are unusually plain about what we are not. Read it before you join.
Most of the legal room is what you would expect: terms, privacy, and the standard disclaimer. The first page is unusual, and we put it first on purpose.
Editorial code of conduct
Eight commitments, signed by the Witan.
These are the eight things we hold ourselves to. They are not a marketing claim; they are the floor below which we will not go. If we are ever found in breach of any of them, the breach is the news.
- 01
No recommendation, ever.
We do not tell any member what to buy, when to buy, or how much to buy. The Lab reads regimes on reference indices; the implementation is the member's, on the member's account.
- 02
Regimes are read on reference indices.
Every signal in the Lab is computed on broad market index series — never on a named ETF, share class, or wrapper. The choice of product is yours, in your jurisdiction, with your broker.
- 03
A timestamped pedagogical record.
Every signal the Lab emits is recorded with a timestamp the day it is read. We do not revise readings after the fact. The record is the practice; the practice does not get rewritten.
- 04
Declared conflicts of interest.
We have no commercial relationship with any broker, ETF issuer, or data vendor beyond paying retail rates for the data we consume. If this changes, we publish it here before it takes effect.
- 05
No list sale.
Your email, your account data, your strategy saves — none of it is sold, rented, traded, or shared with any third party for marketing purposes. Operational tools (Stripe, Supabase, Resend) receive the minimum data their function requires.
- 06
No undisclosed paid mentions.
We do not run sponsored content. No mention of a third party in the Lab, The Way, or the Charter is ever paid for, in any form. Reciprocal recommendations with sister publications are disclosed in the same breath as the recommendation.
- 07
Plain exit.
Membership opens on a 30-day trial, and we email you before we charge — cancel in one click and you are never billed. After the trial, monthly cancellations stop at the next billing date and annual subscriptions run to the end of the period. No friction, no exit survey.
- 08
No claim of gain.
We do not claim returns. We never have, we never will. The case for Witan Way is that across regimes, a disciplined method is teachable — not that the method outperforms every benchmark every year. Past behaviour of a strategy is no indication of future behaviour.
— the Witan
The other documents
Terms, privacy, disclaimer.
The standard documents that sit behind the code of conduct — terms of service, privacy policy, and the educational disclaimer.