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Sunday, July 30, 2023
Similarities between coffee and options traders
Dear Trader,
Commodity traders are so good because they are THE absolute experts in what they trade..
Bar none.
Coffee traders can smell the differences between Brazilian beans from Columbian beans. They can forecast rainfall better than any so-called climatology expert. They live and breathe java supply/demand around the globe.
Feeder Cattle traders know their bulls and cows better than any steak connoisseur in the world. They know precisely when demand rise and fall throughout the year, and they know the cost of corn that is used to feed the cattle down to the penny.
Having this deep and accurate information is why commodity traders are profitable year in year out.
What do you know about Apple (AAPL)? How about Seagate Technology (STX)? And Yum Brands (YUM)?
(Hint: Knowing they sell iPhones, microchips, and fried chicken doesn’t make anyone an expert for those stocks)
In this webcast, Matt Choi, CMT will show you how to become THE absolute expert in any stock so you too can make accurate predictions on a consistent basis.
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