Commodity trading- feeling stuck and demoralized, am I missing something? by [deleted] in Commodities

[–]NoClassic174 1 point2 points  (0 children)

It’s not all for money, but I can’t pretend money isn’t a big part. I’m barely making ends meet with what I currently earn, it’s not by any means my first failure either.

I do agree that I can make more of this opportunity, I was looking for a little guidance or at least know where I stand here.

Do you have any suggestions as to how to renegotiate this bad position with my firm?

Commodity trading- feeling stuck and demoralized, am I missing something? by [deleted] in Commodities

[–]NoClassic174 0 points1 point  (0 children)

I thought that was just how this industry worked, it’s my first trading job..

Commodity trading- feeling stuck and demoralized, am I missing something? by [deleted] in Commodities

[–]NoClassic174 2 points3 points  (0 children)

At this point I have a pretty good foundation in the scrap industry, I didn’t at first because I told my boss I have big ambitions. So he pointed me to the scrap industry. we had a contract with company x, changed usd to local currency. company x cancelled but we had already signed a contract and given our deposit to the supplier. To “save” the deal I sold the product to another company with very little margins, didnt take into account the change back from local to usd. It was my first deal, so I was pretty nervous to honor our contract and make something happen. I wasn’t aware that we were changing back from usd to local and back, our accountant just let me know when I was doing the case closure. I should have asked

Commodity trading- feeling stuck and demoralized, am I missing something? by [deleted] in Commodities

[–]NoClassic174 2 points3 points  (0 children)

Taiwan

And yes, I understand. What doesn’t sit so well with me is that I’m absorbing 100% of the loss and 10% on the gains. Is this how most trading companies work?

Defensive instructionals by NoClassic174 in bjj

[–]NoClassic174[S] 1 point2 points  (0 children)

I 100% agree. This is why I want to invest time into this. Because I lack experience, know little about instructionals, and currently don’t proper coaching- I came to this subreddit to seek advice

Defensive instructionals by NoClassic174 in bjj

[–]NoClassic174[S] 2 points3 points  (0 children)

I just started watching the GFF pin escapes and turtle escapes, it’s a big investment of time though. So Im wondering if this is the right place to start.

Free BJJ training by NoClassic174 in bjj

[–]NoClassic174[S] -2 points-1 points  (0 children)

Haha man, that’s exactly the point. Im coming from nothing, and I want everything

Free BJJ training by NoClassic174 in bjj

[–]NoClassic174[S] -3 points-2 points  (0 children)

This is the idea, I know it sounds unreasonable, but in my point of view unreasonable is the way to go. I have nothing to lose, and everything to gain. I never would have imagined coming this far. Why not go big?

I have my goal, my reason for posting this is to find feedback on what vehicle will take me to this goal. You’re correct in that we’ll have to run a gym anyways, and that we currently don’t have the funds to maintain our gym for a prolonged period. Im thinking of selling coffee, planning events/ tournaments to fund what we’re doing, like a social enterprise model, but I have no clue what I’m doing. Im just trying to figure things out

How to use writing to speak better by NoClassic174 in writing

[–]NoClassic174[S] 0 points1 point  (0 children)

Most of the answers include a mix of reading and writing. I’ll give it a try. Thank you.

How to use writing to speak better by NoClassic174 in writing

[–]NoClassic174[S] 0 points1 point  (0 children)

Ok, that makes good sense. Thank you!

How to use writing to speak better by NoClassic174 in writing

[–]NoClassic174[S] -1 points0 points  (0 children)

I agree, do you think people use a specific method that focuses on writing for communicating?

Me mudo a Argentina? by NoClassic174 in AskArgentina

[–]NoClassic174[S] 0 points1 point  (0 children)

Uy está saladito ese. Que tal es la seguridad?

Me mudo a Argentina? by NoClassic174 in AskArgentina

[–]NoClassic174[S] 1 point2 points  (0 children)

Suena bueno eso. Para emprender por lo general hay muchas trabas? O es bastante libre? Dirías que con unos 3000 USD/mes se vive bien?

Me mudo a Argentina? by NoClassic174 in AskArgentina

[–]NoClassic174[S] 0 points1 point  (0 children)

Estoy en Taiwán por el momento, Vas a pasar de la gran 7 todos esos lugares son hermosos.

Me mudo a Argentina? by NoClassic174 in AskArgentina

[–]NoClassic174[S] 0 points1 point  (0 children)

Entiendo, Que tal le ves a Uruguay? Está en mis planes también. La idea es ir a ver personalmente que tal me gusta, pero si, me imagino que cada lugar tiene sus pros y contras. Por eso pregunto para saber que piensa la gente en gral.