A STABLE INCOME IS MORE IMPORTANT THAN COMMODITIES FOR RETIREMENT PLANNING. Big ups to everyone working effortlessly trying to earn a living while building wealth. I'm 40 and my wife 34. We are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.
Hi Thank you for this video. I have a question, what if the pricing around the bill of landing happens during the weekend. For example we have 5 around the BL(+2,-2) on monday?
A typical solution is to split the weekend. So if the BL is on Saturday, the pricing is three before (Wed, Thurs, Fri) and two after BL (Mon, Tues). If Sunday BL, then 2 before and 3 after. Same for Friday holidays or Monday holidays..
I understand perfectly the long and short positions, what I am not able to figure out is how are both compatible together. How can you have the strategy BUY SHORT --> SELL LONG since every LONG is BUY and every SELL is SHORT. Could you elaborate briefly on that, Many thanks!
So in short, 🙂Long and short positions are long on gambling and short on delivery! Who is losing and who is gaining? The money is coming from somebody's pocket! I wonder who is pocketing the difference, come what may! Could it be the traders, perhaps, like banks, who seem to make money whether the prices go up or down! Hmmmmm...........what a nice system to pick pockets clean! Also called gambling in Macau or Las Vegas!
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Chris is a Trader with a global experiance not a Teacher. It's not a classical school teaching but the real oil trading experience shared by ex-trader.