What does a Commodity Trader do?
Everything you need to know about the role, strategies, risks and do all traders get up at 5am 👀
Hey everyone 👋 ,
Jason here. I hope you’ve had a good week so far!
Something I've talked about before that annoys me a bit about the finance industry (and many other industries for that matter), is the sense that some roles are almost impenetrable and hostile to outsiders. One role that I think fits right into that bracket is 'commodity trader'.
So today, let’s get to grips with what on earth they do and more importantly, how what they do might matter to you!
PS do they all get up at 5am? Well this one does (interesting read on a day in the life of a analyst working in crude oil trading - a type of commodity, more on that below).
Today I’ll cover:
Commodity trader. A quick explanation📝
A deeper dive into commodities trading: why it matters to you
Types of commodities traded 🫱🏽🫲🏼
What moves commodities prices?
Managing risk in commodity trading ⚖️
📹 Explanation
🔑 Terminology worth know…