Risk Disclaimer/Privacy Policy
Risk Disclaimer Statements
THE RISK OF LOSS IN TRADING COMMODITY FUTURES
CONTRACTS CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY
CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF
YOUR FINANCIAL CONDITION. IN CONSIDERING WHETHER TO TRADE OR TO
AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD BE AWARE OF
THE FOLLOWING:
YOU MAY SUSTAIN A TOTAL LOSS OF THE INITIAL MARGIN FUNDS AND ANY
ADDITIONAL FUNDS THAT YOU DEPOSIT WITH YOUR BROKER TO ESTABLISH
OR MAINTAIN YOUR POSITION. IF THE MARKET MOVES AGAINST YOUR
POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO DEPOSIT A
SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN FUNDS, ON SHORT NOTICE,
IN ORDER TO MAINTAIN YOUR POSITION. IF YOU DO NOT PROVIDE THE
REQUIRED FUNDS WITHIN THE PRESCRIBED TIME, YOUR POSITION MAY BE
LIQUIDATED AT A LOSS, AND YOU WILL BE LIABLE FOR ANY RESULTING
DEFICIT IN YOUR ACCOUNT. UNDER CERTAIN MARKET CONDITIONS, YOU
MAY FIND IT DIFFICULT OR IMPOSSIBLE TO LIQUIDATE A POSITION.
THIS CAN OCCUR, FOR EXAMPLE, WHEN THE MARKET MAKES A "LIMIT
MOVE". THE PLACEMENT OF CONTINGENT ORDERS, SUCH AS A "STOP-LOSS"
OR "STOP-LIMIT" ORDER, WILL NOT NECESSARILY LIMIT YOUR LOSSES TO
THE INTENDED AMOUNTS, SINCE MARKET CONDITIONS MAY MAKE IT
IMPOSSIBLE TO EXECUTE SUCH ORDERS. A "SPREAD" POSITION MAY NOT
BE LESS RISKY THAN A SIMPLE "LONG" OR "SHORT" POSITION. THE HIGH
DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES TRADING
BECAUSE OF THE SMALL MARGIN REQUIREMENT CAN WORK AGAINST YOU AS
WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS
WELL AS GAINS. THIS BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE
ALL THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY
MARKETS. YOU SHOULD THEREFORE CAREFULLY STUDY FUTURES TRADING
BEFORE YOU TRADE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE
PERFORMANCE. THERE IS A RISK OF LOSS TRADING FUTURES.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS,
SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING
MADE THAT ANY COMMODITY TRADING ACCOUNT WILL OR IS LIKELY TO
ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN, IN FACT, THERE
ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL COMMODITY
TRADING PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY
ACHIEVED BY ANY PARTICULAR COMMODITY TRADING PROGRAM. ONE OF THE
LIMITATIONS OF HYPOTHETICAL COMMODITY TRADING PERFORMANCE
RESULTS IS THAT THEY ARE GENERALLY PREPARED THE BENEFIT OF
HINDSIGHT. IN ADDITION, HYPOTHETICAL COMMODITY TRADING DOES NOT
INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL COMMODITY TRADING
RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK
IN ACTUAL COMMODITY TRADING. FOR EXAMPLE, THE ABILITY T O
WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR COMMODITY TRADING
PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN
ALSO ADVERSELY AFFECT ACTUAL COMMODITY TRADING RESULTS. THERE
ARE NUMEROUS OTHER FACTORS RELATED TO THE COMMODITY MARKETS IN
GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC COMMODITY
TRADING PROGRAM WHICH CAN NOT BE FULLY ACCOUNTED FOR IN THE
PREPARATION OF HYPOTHETICAL COMMODITY TRADING PERFORMANCE
RESULTS, AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL COMMODITY
TRADING RESULTS.
Privacy Policy:
At Great Lakes Trading Co., Inc.("GLTC") we value our customers, and maintaining customer trust and confidence is our highest priority. While it is necessary that we obtain accurate and current information about our customers in order to provide the highest level of customer service, we are dedicated to protecting the privacy and confidentiality of our customer’s information. GLTC will never sell your personal information to anyone. We will not use or distribute your personal information in any way without prior notification to you.