Why JUNIOR Commodity Traders Fail

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  • Опубликовано: 19 ноя 2024

Комментарии • 16

  • @comtra-ov4oi
    @comtra-ov4oi 11 месяцев назад +4

    Thank you Damien for responding to my question from the last Live Q&A on risk analysis and management 😜

  • @deebudierahma1813
    @deebudierahma1813 6 месяцев назад +1

    About CAD case, my company got an experience. We sent to our repetitive customer in India. Because our relationship was years, so in that 1 deal we gave CAD, which was new for us too.
    But then when the container reached the port, the price drop and they asked to renego or couldnt take the cargo. till months the cargo was hold by customs. We sent team to India to release and sell it to other customer. It was so chaotic!
    We never deal with that customer again and never do CAD.

    • @damienwursten
      @damienwursten  6 месяцев назад

      This is exactly the issue with CAD. 🫢
      One work around is to give a minimal amount of days for the buyer to pay for the doc. Then if he doesnt pay fast, you call back the container (still a massive pain in the neck…)

  • @alexindependent01
    @alexindependent01 11 месяцев назад +1

    Second part is the best thing I swear ❤

  • @mikew4300
    @mikew4300 9 месяцев назад +1

    Accurate. I am currently in the gas trading industry and I have some questions. How can I reach out to you?

    • @damienwursten
      @damienwursten  9 месяцев назад

      Download the brochure on the SACA website

  • @bettyduguil4658
    @bettyduguil4658 11 месяцев назад +2

    Done share and Like

  • @michaelilo
    @michaelilo 11 месяцев назад +1

    Hi Damien I hope you are well. I know you have made content on the best way to get a job in physical commodity as a complete new comer but I can’t find it … can you comment and add the link please
    Thank you 🙏🏾

    • @damienwursten
      @damienwursten  11 месяцев назад +1

      ruclips.net/video/x2tqpX1aTic/видео.html
      Scrolling RUclips should not be a hard skill to obtain.

    • @michaelilo
      @michaelilo 11 месяцев назад

      Thank you for your response. I had already watched the video linked and it wasn’t the one I’m referring to.
      Maybe it wasn’t a video but I’m certain to have gained that info from you somehow. Thank you anyway

  • @user-mp9fv5bf5d
    @user-mp9fv5bf5d 6 месяцев назад +1

    Hi Damien. Thank you for the very informative video. You've gained a sub in me!
    P.S., I lost it when you started ranting about things traders shouldn't do/say when you reject their proposal. Perfect👌🏻 😂

  • @odisiusX5
    @odisiusX5 11 месяцев назад +2

    100℅ true 👌

  • @nikuul42
    @nikuul42 11 месяцев назад +1

    Hey Damien.!! I am from India . I want to buy iron scrap from Malaysia but yet not any single seller are genuine at online. I talked around 5 to 6 seller but all of scammers.please help me how to find real supplier and this is my first shipment.!!!
    Thank you.!!!!🙏

    • @damienwursten
      @damienwursten  11 месяцев назад +1

      Nothing i can do for you. You should stop wasting your time trying to broke deals.

    • @nikuul42
      @nikuul42 11 месяцев назад

      @@damienwursten ok.Thank you 🙏