1. Brokerage entrustment risk The brokerage entrustment risk of commodity futures refers to the risk generated by customers in the process of selecting and establishing futures brokerage companies. When choosing a futures brokerage company, customers should compare the scale, credit standing and operating conditions of commodity futures brokerage companies, determine the best choice, and then sign a futures brokerage commission contract with the company. Therefore, when investors are preparing to enter the futures market, they must make careful investigations, make careful decisions, and choose companies with strength and credibility. It is very important to sign a futures brokerage commission contract with the company, and you must not rush into the market just by gentleman's agreement. 2. Liquidity risk The liquidity risk of commodity futures refers to the risk that futures trading is difficult to close positions quickly, timely and conveniently due to poor market liquidity. This kind of risk is particularly prominent when customers open positions and level positions. For example, when opening a position, it is difficult for traders to enter the market at the ideal time and price, and it is difficult to operate as expected, and the hedger cannot establish the best hedging portfolio; When closing positions, it is difficult to close positions through hedging, especially when futures prices show a continuous unilateral trend, or near delivery, which reduces market liquidity, making traders unable to close positions in time and causing heavy losses. To avoid liquidity risk, it is important for customers to pay attention to market capacity, study the main composition of long and short sides, and avoid entering the unilateral market dominated by unilateral strength. 3. The forced liquidation of risky commodity futures trading shall be subject to the daily settlement system of futures exchanges and futures brokerage companies at all levels. In the settlement stage, because the company has to settle the traders' profits and losses according to the settlement results provided by the exchange every day, when the futures price fluctuates greatly and the margin cannot be replenished within the specified time, the traders may face the risk of being forced to close their positions. In addition to the forced liquidation caused by insufficient margin, when the total position of the securities firm entrusted by the customer exceeds a certain limit, it will also lead to the forced liquidation of the securities firm, which will further affect the forced liquidation of the customer. Therefore, when trading, customers should always pay attention to their financial situation to prevent forced liquidation due to insufficient margin and bring huge losses to themselves. 4. There is a time limit for the delivery of risky futures contracts. When the contract expires, all open contracts must be delivered in kind. Therefore, customers who are not ready for delivery should close their positions in time before the contract expires, so as not to bear the delivery responsibility. This is a special point of the futures market compared with other investment markets. New investors should pay special attention to this link and try not to hold the contract in their hands until it is close to delivery, so as not to fall into the predicament of being forced to close the position. The so-called "forced position" means that when the delivery is approaching, many parties (or empty parties) force positions on the empty parties (or parties) by virtue of their financial advantages. When the opponent can't raise enough physical objects (or funds), he can force the opponent to admit defeat and close the position. 5. Market Risk In futures trading, the biggest risk for customers comes from the fluctuation of market prices. This price fluctuation brings the risk of trading profit and loss to customers. Because of the leverage principle, this kind of risk is magnified, and investors should always pay attention to prevention.