Salary.sg Forums - View Single Post - Be a commodities trader
View Single Post
  #223 (permalink)  
Old 19-08-2022, 07:41 AM
sinkingfeeling sinkingfeeling is offline
Super Member
 
Join Date: Apr 2020
Posts: 222
sinkingfeeling is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Technically anything is possible. Especially when your father is someone influential. Unfortunately, most of us don’t have such an influential father. I used to believe what people tell me.

What most company do is the segregate the roles, say BD/Marketing/Sales/Trading/Analyst/Credit/Risk/Finance/Ops.

If you want to go far, i believe you need to have good imagination.

Imagine you are a stall owner at hawker centre and you cook chicken rice and sell it and serve it and collection money and give back changes. Then you carry on cutting the chicken and repeat it. In the midday, you wash dishes to free up more plates and do more housekeeping. Month end you pay rental and other bills like electricity and washing of market and year end you pay tax.

Question here is, can you do it by yourself? Technically yes! But you will be busy.

BD/Marketing - You plan your dish and market it. Design signboard and you might wanna participate in carnival by introducing your dish to organiser.
Sales/Trading - Buying rawfood at cost price and selling it at sale price.
Analyst - You montior the crowd to understand which day to rest. How much food to cook etc.
Credit - Paying in cash for rawfood or taking credit. Selling in bulk in cash or credit.
Risk - If buyer is gov't for a grassroot event, say for 100 packets, risk of not paying is low.
Finance - Financial control and reporting tax.
Ops - Preparing the food and cleaning up the place and setting up for new day.

Thus it is possible to switch but chances will be low. Depending on who also applied for the same role you are going for.

1) If the person is direct fit for the role, you are out
2) If they are willing to train, but your product is different, you are out
3) You need a platform (need luck) where your senior is willing to help you improve yourself when you are junior. If you are going for a new role, its unlikely.

Peace outzz
Going to start chicken rice stall now!



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote