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if you know your market, which i hope you do seeing its been your life, its easier than you think,
so what if some cock who gets paid 3mil a year didnt see it coming, doesn't mean no one did. and fuck its not that hard to see coming, ive mentioned countless times on here over the last few years about the effects of a declning china and the aussie dollar.
if you know your market, which i hope you do seeing its been your life, its easier than you think,
so what if some cock who gets paid 3mil a year didnt see it coming, doesn't mean no one did. and fuck its not that hard to see coming, ive mentioned countless times on here over the last few years about the effects of a declning china and the aussie dollar.
Great in hindsight but people have been predicting a China downturn for several years now so there's a lot of losses locked in before you finally get proven right.
As Johnnie said Baz it allows you to hedge your risk, but also allows you to forward plan because you know ahead of time how much you will be getting paid, as opposed to dramatic peaks and troughs. For some commodities producers and businesses that alone may be worth foregoing a premium or possible saving.
Fuck fucks sake I know how it works and why you do it. Lol. Getting it to make you money that's the hard part.
I'd have to trade in US futures which is a different market to Australia. Milk is split up into a few different categories.
So I'll have to have knowledge of Americas dairy markets and the various dairy commodities and make a decision on what to do all while working. Yeah and when people who's only job it is don't pick the markets.
Like I said. I'll stick to what I know I know. Make money dairying and always planning for the next downturn.
It always easy after the fact to be smart with things like this.
Great in hindsight but people have been predicting a China downturn for several years now so there's a lot of losses locked in before you finally get proven right.
Great in hindsight but people have been predicting a China downturn for several years now so there's a lot of losses locked in before you finally get proven right.
Yep. All after the fact talk. Which is just as good as shit talk.
You sound like a dairy business planner around here.
He fucken knew everything after the fact like yourself. He was going to dairy for himself and make a fortune, futures to get through the shit times. He didn't even last 12 months before he was broke.
I realise that. Plenty said the same thing but the trick is when.
Say you short milk in 2014.... Oh fuck that went bad. Double up for 2015.... Oh fuck not again. No money left for 2016 and your prediction comes good. Seeing an obvious future is not enough, you need to build a contract around it and that requires accuracy.
Yep you were so confident in what you believed you left all that easy easy money on the table. Oh yeah not your thing right. Cough cough bullshit .
You can make dozens of predictions for the last 2 years and just pull out the right ones now. Now if you had actually put money on the line I would give you credit.
I realise that. Plenty said the same thing but the trick is when.
Say you short milk in 2014.... Oh fuck that went bad. Double up for 2015.... Oh fuck not again. No money left for 2016 and your prediction comes good. Seeing an obvious future is not enough, you need to build a contract around it and that requires accuracy.
Exactly. I predict milk will go up but no fucking clue when. I'm guessing next year will be as bad or worse than this year but the whole world dairy market is in turmoil so inventories may run out pretty quick and turn things around. But who fucken knows. I read 10 things on the world market and they have 10 different theories to what's going to happen.
Oh it would be so nice if I could trade futures on what has already happened in the last 2 years.