Risk Disclaimer
Last updated: July 12, 2026
Cryptocurrency trading is extremely risky. You can and likely will lose money. Nothing on this platform is investment advice or a recommendation to buy, sell, or hold any asset.
1. No investment advice
GreatDane Trades is a research and automation tool. It is not a broker-dealer, investment adviser, or financial institution. Nothing displayed by the platform — metrics, signals, backtests, or strategy defaults — constitutes a recommendation to take any particular trading action.
2. Backtests are simulations
Historical backtests assume idealised conditions. Real markets include execution delays, partial fills, API outages, slippage that exceeds estimates, and sudden regime changes. A strategy that performs well in backtest may lose money in live trading. We strongly recommend validating with paper trading before considering live mode.
3. No guarantee of performance
Past performance, whether real or simulated, is not indicative of future results. We make no representation that any strategy will be profitable, avoid losses, or achieve any particular return.
4. Exchange and technology risks
- Kraken can delay, reject, or partially fill orders without notice.
- API keys can be compromised, leaked, or abused if your environment is insecure.
- Network outages, server failures, or software bugs can cause missed exits or unintended positions.
- Exchange rules, fees, and market structure can change at any time.
5. Total loss is possible
You may lose the entire balance of any account connected to the Service. Only trade with capital you are fully prepared to lose. Use the kill switch, daily loss caps, and per-trade risk limits aggressively.
6. Jurisdiction and legality
Cryptocurrency trading is restricted or illegal in some jurisdictions. You are responsible for ensuring your use of the Service complies with all applicable laws, regulations, and tax obligations in your country of residence.
7. No fiduciary relationship
Your use of the Service does not create any fiduciary, advisory, or agency relationship between you and GreatDane Trades. You are solely responsible for your decisions.
8. Acknowledgement
By using live trading features, you acknowledge that you have read, understood, and accepted this disclaimer and our Terms of Service.