I have not heard this expression. Can you add more context? Where did you hear this expression?

Without the sentence I can say you don't want a wheel on ice. For example if a car drives on black ice it can be very dangerous, it may even lead to a car accident. So if someone said, you are a wheel in a road of ice it could mean you are in some kind of trouble, or that you are bound to fall. By that I mean have some misfortune.