This article provides a blueprint for starting a physical commodity trading firm and achieving millions in revenue within three years. The author, Damien, is the owner of several successful commodity trading companies worldwide and shares his expertise on how to establish a vision and milestones for a new trading firm.
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Cocoa beans are the primary ingredient in chocolate, and their trade is a significant part of the global economy. Trading physical cocoa beans can be a complex process that requires knowledge of market trends, supply and demand, and the intricacies of the cocoa industry. In this article, we will explore how to trade physical cocoa beans and provide an overview of the factors that impact their price and availability.
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Becoming a cocoa broker can be a lucrative and rewarding career for those with an interest in the cocoa industry and a talent for negotiation. As a cocoa broker, individuals act as intermediaries between cocoa producers and buyers, helping to facilitate the sale and transport of cocoa beans. While there is no set path to becoming a cocoa broker, there are certain steps that individuals can take to increase their chances of success in this field.
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Commodity trading can be a risky business, especially when it comes to counterparty risk. In this article, the author shares his experience and expertise in identifying red flags when dealing with new counterparties. He emphasizes the importance of recognizing these red flags to avoid being scammed or wasting time and money on deals that are unlikely to materialize.
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Attending conferences and trade shows is an essential way to find new leads and understand the latest industry trends. In this video, the speaker takes the viewer on a journey to a conference in Singapore, sharing tips and tricks for successful networking and lead generation.
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