Two days ago a friend came to visit me.
He runs a niche commodity trading firm as a side business. It’s been about 18 months now, and in the first full year he made around 20k profit. For a small, side trading operation? That’s actually not bad. He’s enrolled in all our programs at Shipping & Commodity Academy, and he asked me a question that stuck in my head for two days:
Trading wool involves understanding both the agricultural aspects of wool production and the financial instruments that enable market participation. It is a specialized market with opportunities for retail traders through regulated brokers and digital platforms designed for wool and natural fiber auctions. A clear strategy for trading wool requires knowledge of price drivers, trading options, and access to reliable brokers or marketplaces.
Read more »If you want to make money online in the world of commodities, shipping, and global trade… this post is for you.
Read more »Trading quartz requires an understanding of its market value, which depends heavily on factors like size, quality, rarity, and demand. The key to successful quartz trading lies in identifying high-quality specimens and knowing where to sell them, such as specialized shops or online platforms.
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Commodity trading is a high-stakes world where professionals earn a significant chunk from bonuses and commissions. Vitol, the largest independant oil trader, made the news when it was leaked that the average remuneration rose above $785’000, which tops any top-tier bank's salary!