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is it too hard and too ambitious for a novice?
6 Answers
ok so I need to know about this too, glad you asked as I didn't want to sound silly!
I haven't done any personally, but my brother-in-law has, and you have to be like really really experienced from what I can see, as it's "highly volatile" apparently
you can also trade soyabean meal which has become a bit of a thing: it's a product of soya bean: the oil and the meal, and is used to feed animals. I would do masses of research though, because I think you'll find it's a predominantly American market, so you need to be NCDEX etc savvy..."Highly volatile" means that they are dependent on many different factors, and are not constant. So you need to look at environmental factors such as weather conditions, and technical factors such as meat trade etc.
so it's not an easy thing to get into?
not if you have never done anything like this before. If you had a strategist to work on it for you, then yes, obviously. But as a person on your own? And a novice? Maybe not.
ok, thanks for the advice, it's been really useful. Thanks all.
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