Ha, ha... no problem.
My brief bio is:-
- Mining engineer in SA for awhile
- Co-founded world's online coal exchange
www.globalcoal.com and sold to Anglo, BHP, Glencore etc.
- Commodity trader for Macquarie (futures & options trading book with $100m VAR) and RMB in London, then becoming RMB's head of energy & metals trading desk in JHB
- Helped develop international coal ETF and FNB's Kruger Rand business
- Ran London Commodity Brokers SA office for some time, then worked for Thebe Investment Corp, running mining incubator and impact investing into several community and township ventures. Did corporate finance for Shell Trading, Burgan Cape Town terminal, setup two oil trading companies, major SA coal company to buy Anglo coal assets....
- Now I've setup Thrive Centre in Hogsback with my partner who has a lifetime of experience living off-grid in the Transkei, and who knows more about soil and sustainability than I ever will
The idea is not to try and convince people I know what to buy / sell etc. The idea is to try and offer some practical advice on trading strategies, discipline, starting and running businesses, raising finance, and of course cutting your costs with practical, nature-based living, how to go off-grid, using grey water effectively for wetlands and irrigating food, making own cheese, butter etc.
I was simply wondering what questions and information people might want to know on the trading and investing side, as I believe my background has offered me unique insights into many things. Although granted, I'm much more of a trader than an investor...
In terms of trading success, it's very easy to be successful trading on a bank's balance sheet. You simply have to have bigger balls than the next guy and then wait it out for the market to prove your position right... I joke of course. Once I lost over $1m on a Friday afternoon and it took 2 weeks to make that back. But generally I ran around 12% return on my book, bearing in mind that many trades are often given to you by other departments e.g. hedging for project finance, and they might prove negative in your book, but positive somewhere else in the bank.