Welcome to FTN Exporting Intermediaries 2019
EDUCATIONAL SERVICES: EST 1988
PROFESSIONAL COMMODITY TRADERS
FOR TRADE INTERMEDIARIES WORLDWIDE
FTN Exporting is a registered business name under Australian Securities and Investment Commission (ASIC)
Please refer to our current website once reading this website www.smice.net
This site is opertional but static website which is replaced with the smice site from 2018.
SMICE site has the price of current educational material on offer
Last Updated: March 23, 2021 © www.smice.net
THE PROFESSIONAL COMMODITY TRADER (PCT) (www.smice.net)
No matter from which country you are from, or whether you are trading from home or corporate office, you are acting as a private intermediary attempting conduct import exporting deals in the international trade arena–even while a pandemic rages across the globe.To trade in commodities one must be highly informed to ‘specialist level.’ The Canadians are the most informed traders on Earth, next come traders from the African continent, followed by traders from USA, and Europe. Such traders are informed because they have studied our long standing doctrine of trade intently and applied the trading procedures therein accordingly.
You are an ill informed intermediary hoping to earn a lucrative commission payment for doing nothing more than passing useless information around all day. This is how most of us entered this business. FTNX started in 1988 on the same basis; copying what others were doing at the time. I had wasted a lot of time dealing with flawed unworkable trading procedures for years. I went to college learned matters of International trade, and soon was developing my own doctrine suitable for legal use by ‘intermediaries.’ After successfully testing procedures for decades, we had created and released the first universally sound and formidable trading procedures for intermediaries, that all suppliers and end buyers, looking for very safe transactions, ought to be using as well.To trade in commodities is to trade in the most complex business on the planet related to ‘Agency.’ Please read the advice below and then read current educational site www.smice.net, before making up your mind that this business for you. The intermediary once completing our study commences to trade as a PCT and not an intermediary, as the intermediary tag has no respect world wide. So many fake deals being applied by ill informed intermediaries, that our trading position had to change to PCT.The PCT once spending around 3 months studying the FTN Exporting doctrine starts to trade as instructed. There is no scope to at this stage to allude to the idea that you will close a deal anytime soon. Anyone saying anything differently is telling you lies. When you first start to trade in commodities, you are doing so, to gain experience and learning ‘lessons’ along the way. Nobody is going to help you in this business, not even FTN Exporting, and certainly not banks or other informed traders is assumed from the start. “If I were taking calls, I would be literally stuck to the phone for 10 hours or more every single day.This not the way to ‘run’ this kind business.” You’ve studied the doctrine now follow its advice, slowly ‘one step at a time.’ A PCT breaking into this business for the first time, is legally protected so long as they remain within the bounds of the doctrine. Payment of commission and circumvention are no longer an issue; but trading as a PCT means taking responsibility of your action. In this light acting fraudulently is only your main concern. The study takes care of all such issues, and much more.
STUDYING THE DOCTRINE AND SAVE MONEY
Even if you tenure the services of a lawyer, most will not understand the whole position of the informed Professional Commodity Trader (PCT) as our doctrine is the leading and emerging doctrine of trade that a home based PCT or corporate entities can lawfully and legally use with great confidence. In any case who can afford to call such a lawyer every ‘5 minutes’ when seeking guiding advice? Once the study is over , don’t waste time and don’t hesitate to commence trading, as the doctrine instructs. It’s not a race; work at your own pace, so long as you work consistently in your spare time weekly. The first step is to open a general business account with a financially strong bank first, before you even start to trade, this aspect has some importance, as you’ll pay a small fee every month to use this everyday business account. If you already have a business account, then keep it in credit. Don’t open a trading account i.e; 15 months later when a deal is eminent. When you close your first deal, and you have landed your first transferable DLC, you need to show the bank that you are a highly informed commodity trader and have been trading for some time–is a good way to begin. The bank will then act on your guidance, and even offer up to date advice and directives. Contacting the bank prior for information, is a wasted effort, as they cannot advise you about this business as a whole
When you secure a good clean financial instrument, assistance from your bank will become available-once your bank can see you have good business knowledge especially with the very rules that most banks on the planet must adhere with ( UCP 600). The PCT also abides by such rules. The actual commodity trading process is not difficult to apply? What's difficult is to actually secure a real supplier. This is a challenging and frustrating business, much more so during Covid 19 pandemic; but exports and imports must still continue. The issues of fraud becomes apparent if you make an offer to an end buyer for goods, when later is found that such goods did not exist. The PCT must personally secure goods first, before making an offer to sell such goods-eliminating the possibility for fraud charges being laid against the informed PCT. The only reason why so many ill informed intermediaries have not be charged for fraud is because non have actually arrived at a live deal situation. Most are dealing in ‘hot air.’ An intermediary becomes informed once the current beta study’s been completed.
THIS BUSINESS WILL NOT SUITE EVERYONE.
This business will not suit everyone, for various reasons. If this advice intimidates you, then this business is NOT for you, because besides learning trade procedures intently, banks, suppliers and end buyers will not make your work easy. You need to be a strong willed person and the type of person who can take rejections. You need to be a leader, not a follower to succeed in the exporting importing business. The informed intermediary must learn to handle all deals legally as a Principal, Buyer and Seller. A Buyer/Seller cannot be circumvented and will collect on any hard earned profits on any deal it closes. Above all else you need to be highly informed on safe trading procedures.The PCT becomes an International Trade specialist (ITS).This is what the doctrine offers. First the PCT must read the doctrine intently then you commence to trade to gain experience. Many PCT’s commence trading for real in around 12 months from purchasing the doctrine, as clarity and practice starts to show results on efforts you’ve made. It’s the ‘starting process’ that many find difficult to apply once the 3/4 month study period is over. You need to get the starting premise right. This will take up to a year of practice before confidence levels rise. If you last a year , this is the time to start thinking closing that one lucrative FOB revolving commodity deal. A large number of applicants don’t even last a year, and we have many past applicants who are still trading 10 years later. You need to get past the first year and make real efforts to apply what you have learned intently. You are looking to secure at large revolving offer of a wanted product as sourced from ONE supplier.The PCT learns how to buy such goods from the supplier, as the buyer, and sell such goods as seller to a qualified end buyer. This is the only viable lawful and legally defined process that an informed PCT can apply safely. The PCT must become a Buyer/Seller outright and understand how to apply the virtues of a transferable credit.
The PCT must not use in its own money to close on any import export deal. A PCT trades in all kinds of ‘commodities.’ Most ill-informed traders deal in many commodities at the same time, which is the wrong aspect. We trade in one single revolving or large commodity deal at any given time. We are able to deal in many kinds of legal commodities overall including petroleum based products. We trade as a PCT buying , selling and sourcing our own products alone or with other attached trader in a stringed deal. A PCT must be confident that supply is 100% real in where this one secured supplier and therefore secured supply, will keep the PCT very busy testing potential inquiries from end buyers being tested. We cannot accept goods from other intermediaries. A PCT can direct others to source goods but at the end of it all, it’s the PCT heading the deal who bears all legal liabilities and -lucrative gains made, using real skill and knowledge in doing so.
MANY TRIVIAL ASPECTS HAS ONE LARGE EFFECT
There is so much small meandering aspect of a trade deal that must be learned; it's the amount of such seemingly unimportant matters that defeat some applicants quickly. The ability to concentrate and spend time to study the doctrine is therefore, a very important aspect. If you are the type of person who does not take easily to matters of ‘study’ here is your first sign that this business is not for you. If you have poor writing skills and have less than a reasonable grasp of the English language, likewise this ‘business’ is not for you, is the assumption.We deal in documents. This means we must produce good documents as well.This is how trade deals are initiated and closed–using documents. A PCT and entrepreneur starts with the basic steps and moves forward ‘one step at a time’ thereafter. What needs to be mastered is the act of producing documents and handling trading documents. We buy and sell commodities using documents just like any other large corporation has to do. This is what our business is about ‘documents, documents and more documents.’ The effect of our actions results in deals being entered into. We instigate deals, thus we are not intermediaries in the true sense, but highly informed specialised commodity traders outright. We are high end business practitioners. We do not conduct deals with ill-informed others. We also do not deal in ‘stupidity.' Those who are ignorant of the facts, like to deal with others who are equally ignorant of the facts. “Never argue with an idiot, they will drag the argument to their level.” The global market if full of idiots - millions of them in any given year.
We are specialist traders, the skill we will need to learn, attain and apply will guide suppliers, end buyers, and even corporate giants, some of which have been trading in their way since the ‘dark ages.’ We never conduct business with ill-formed private traders, or secure goods from trade sites, such as those many ill informed entities found online are doing.We have to personally source the goods we tout to our clients-both acts which take time to develop. Most deals fail at the early stage of trading. Each failure recorded adds to the experience and education aspect of the PCT until the time comes when your confidence and proficiency levels increase. For some, such levels are reached in under 10 months. You are currently building bridges as you develop you skill set. You are gaining respect and acting with integrity as a Professional Commodity Trader (PCT) and specialist. You will only trade in FOB or FCA delivery mode for at least a year. You now need to master a specific process, because by mastering the ICC FOB Incoterms delivery aspect alone, will establish the premise in learning about all other delivery modes in the future.
We entered this business in 1988. Nobody knew what they were doing back then (most still don’t know today either). We were using telex and fax machines back then, costing 1000’s of dollars every few months in phone / fax calls alone. Our Google ranking were measured in hundreds of millions pre 2001, as we introduced the first uniform legally defined ‘intermediary’ doctrine of trade. The internet was becoming prominent at this time, which was a god send, as we could not sustain losing so much money yearly with poor or no results using fax machines. I had one local trader showed me a $15,000 phone /fax biIl. He subsequently went bankrupt. Saving money by using the internet came with a huge problem. It flooded the market place with ill informed traders and clowns using strange, incorrect and flawed trading procedures. All the ‘trading clowns’ on the planet could be now found in one place on-line. We've destroyed good deals, we closed on seemingly weak deals, we have been threatened with legal action–and we have been aimed at by scammers and fake deals, which have infested the internet. The internet is a dangerous place for the unwary applicant.The doctrine teaches the PCT everything they need to know- and watch out for. Our beta in-house doctrine breaks down the formal aspects of ITSI to its core basis and is over 4 times bigger is size. ITSI can be found in all the leading libraries of the world including the Library of Congress USA. Our legacy to the world of trade is now established for decades to come.
We had broken down complex trading situations, to its simplest understanding, that literally anyone with a reasonable grasp of the English language and basic maths, could commence to learn procedure alone and enter into this business accordingly. There is no point to serve hype. The doctrine tells things about this business ‘as they are' when applied in the real work of actual commodity deals. Those ‘who do not make the grade’ would have still learned numerous aspects of ‘big business’ and agency. The small outlay (and hence risk) for such huge potential is another aspect that this kind of study and business application serves intently.We can show you the ropes, but we cannot ensure that you will close a deal because ‘everyone is different.’ In this light, we can only assure the procedures and study offered is legally sound and made specifically for home or corporate-based or first time commodity traders worldwide as a uniform application.This is what we created, the first uniform safe doctrine of trade.The study is indeed formidable but strict and unforgiving. Apply the doctrine of trade safely and lawfully will in time produce decisive results.Your first job once the study is completed is to obtain one single NBC shipment ( a large single shipment of export ready goods from a supplier.) This is the focus of the PCT in the first year. Everything else is set into place from this one aspect being successfully learned. Those looking for a ‘get rich scheme' you’ve come to the wrong place, as plenty such schemes are already found online. Those who are looking into the prospect of a future career, and is prepared to do the study and practice the process offered, are ideal business-minded candidates for the study. To become a ‘Professional Commodity Trader’ (PCT) and highly informed academic level specialist means that the applicant brings ‘something’ to the trading table, by way of knowledge, skill and abilities,’ the bedfellow of which is integrity, professionalism and security. Supplier and End buyers like such attributes intently. Most novice applicants are very surprised at just how much they have learned within months of taking up the study.
These are just some of the issues that will confront the PCT. Once an end buyer is secured it could take up to 90 days to close the deal to contract, where first delivery is 30 days later. The PCT does all this and more without using a cent of its own money, thanks to the virtues of a transferable “letter of credit.” Using flawed unworkable “Americano” type of dodgy procedures such a LOI, SCO, POP, ICPO, MT/SWIFT, SLC, ASWP, NCNDA, BCL, etc.etc is a wasted effort, as such procedures cannot close on international deals lawfully of legally – not by a home based ‘intermediary.’A large monthly revolving deal of a sought after product measured in years will create a ‘billion dollar’ deal. If the ill informed intermediary thinks for one moment that they do not need abilities, knowledge and skill to close such a deal, such is not thinking right. This is what we bring to the table, safe formidable procedure and leading advice. Even if you are a country where sanction exist, FTNX trading procedures will still need to be learned and applied. Our educational offers are placed on the smice net website and are changed frequently.