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: November 2020
The Professional Commodity Trader (PCT)
No matter from which country you are from, or whether you are trading from home or corporate office. You are 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, then comes traders from USA, and Europe. Such traders are informed because they have studied our long standing doctrine of trade intently and applied its trading procedures 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 other 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.’ We had created the first universally sound formidable trading procedures for intermediaries.
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 spends around 3 months studying the FTN Exporting doctrine then starts to trade as instructed in the doctrine. There is no scope to at this stage to elude to the idea that you will close a deal anytime shortly.Anyone saying anything differently is telling you lies. When you first start to trade in commodities, you are gaining 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. ” 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.
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 can use; as first released online in 2005. In any case who can afford to call such a lawyer every ‘5 minutes’ when seeking guiding advice? The first step us 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. Don’t open a trading account I.e; 15 months later when a deal is eminent.You need to show the bank that you are informed and have been trading for some time; is a good way to begin. Once you secure a good clean financial instrument, assistance from your bank will become available-once they see you have a good business knowledge. 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. 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 rejection, and don't take ‘no’ for an answer easily.You need to be a leader, not a follower to succeed in the exporting importing business.Above all else you need to be highly informed on safe trading procedures.The PCT needs to become an International Trade specialist (ITS).This is what the doctrine offers. First you read the doctrine 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 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 legally defined process that an informed PCT can apply. 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 kind of legal commodities overall including petroleum based products. We trade as a PCT buying , selling and sourcing our own products alone ow r with other attached trader in a stringed deal. A PCT simply needs to be assured 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.
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 un-important 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 market place 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. From FOB, it’s only one step to CFR delivery and another step to CIF, or if you take a step back from the FOB aspect, you are delivering goods at FAS. Confused? All you need to know about the ‘delivery terms’ used are explained in the doctrine. You will need to know a great deal about letters of credit and financial instrument processing rules as defined under ICC UCP international banking rules. The doctrine explains your position on this matter intently. Then you need to learn ‘Formation of Contract’ rules as it's applied in the international arena. One cannot use localised commercial aspects of doing business I.E: Chinese, Russian, EU, or American local laws cannot apply when trading in commodities internationally.
You’ll need to learn how to produce good clean documents, and you’ll need to study proper contract formation rules, and more. Unique matters found in the SMICE FTN Exporting Doctrine of Trade based on our 30 years of experience must also be observed. Very few authors have this kind of experience. Finally, those trading alone who eventually want to trade heading string members (groups) the PCT will also need to learn and apply commission payment orders and manage such ‘stringed’ traders. So many ‘small’ thing to learn , makes up the bigger picture.
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 show 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 first in house doctrine was released online in 2005. By 2010, applicants studying our works, including, Doctors, Lawyers, Bankers, Corporations, Barristers and many home-based traders have complimented our procedures intently, so much so that an edition of our Beta in-house doctrine was further proof-read and edited by a lawyer and released by leading U.K publishers. The FTNX Publications ‘International Trade and the Successful Intermediary ‘ became a best selling academic publication, still selling well today amid COVID 19 Crisis. Better minds than ours have endorsed and tested the legal basis of our procedures, where compliments are ongoing to this day.My point! My mistakes are not yours. A 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, 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.
WHAT DO YOU NEED TO LEARN ABOUT
In essence the PCT must learn to trade alone as a lawful Buyer and Seller is the main trading aspect. ‘I have a shop. I need to buy stock. I go to the wholesaler and buy stock as a buyer. I place the stock on a shelf, at marked up prices and sell such goods as seller.’ I am guaranteed to be able to collect such gross profits earned. The store owner is in fact a ‘buyer and seller.’ In this business the market place is the world. Since the market place is so huge, we need to first learn how to transverse the market place and trading aspects therein. We then enter the market place as a lawful ‘seller and buyer.’ We buy from a supplier as buyer and sell such goods to an end buyer as seller. By closing a deal successfully as a buyer/seller, this aspect alone will ensure that gross profits is able to be safely secured. This is one big issue because trying to trade in any other manner ensures illegal procedure or and circumvention. Intermediaries cannot secure commission payments, even if by some remote chance they cause a deal to close–is a fact in law. It’s a big issues because ill informed intermediaries using flawed incorrect trading procedures have automatically inherited this defect among others. Circumvention is not an issue with the doctrine.The PCT closing a deal as instructed ; will secure its rightful gains, anyone assisting the PCT to close a deal will earn a commission form the PCT. Take the business seriously from the start and keep away form ill informed intermediaries, “ as they will drag your good efforts made.” Follow the directive and procedures advised and when you have completed the study, start trading. If you land a deal early and become confused, the doctrine shows how to legally opt out of the deal safely. There is no point in pretending otherwise.The doctrine protects the PCT from the very start. You don’t have the required skill to close deals early, so don’t try to pretend otherwise. You do not close a deal until confidence level, experience and knowledge is in hand. If you are not prepare to trade in commodities measured in years, don’t take up the practice. This is a very exciting and lucrative business for those who succeed, it’s also one of the most complex business applications on the planet.
The PCT secured i.e: revolving supply of D2 ( Diesel Number 2) for a 3 month period, at a great discounted price. It makes an offer after adding it small gross profit margin, and attempts to sell such a wanted product to various end buyers directly or via its trusted informed string members the PCT is heading. An end buyer cannot just pick up the phone and secure such discounted goods as some think. It doesn’t work that way. Who will buy goods from a PCT at normal prices? Nobody! The supplier to most end buyers are already established. But any end buyer will consider ‘cheaper’ goods of the same quality or better. To secure a huge amount of a wanted product at a discounted price is not easy, but completion being what it is ,the PCT will be able to secure discounted sought after goods often. It could take months or years to secure such goods and it could take months to test and secure one single end buyer.Busy suppliers are not interested is serving us. Trying to secure iron ore from i.e; Australia, is a waste of time.These are just some fo the issue 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.’ FTNX started by using such procedures in 1988 by following the idiotic aspects being applied by others. After a few years, I gave up. I went to college learned International Trade Procedures and created the first uniform doctrine made for use by home based intermediaries. My success became evident thereafter. The mainstream publication “International Trade and the Successful intermediary” was released in 2010. Our in house doctrine simply expanded on the formal ITSI basis to produce a casual beta in-house doctrine 4 times larger as we break down ITSI to a ‘step by step’ trading basis. 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, is not thinking right. This is what we bring to the table, safe formidable procedure and leading advice.
"I have been at it for over 32 years , and for all my efforts to do so , I cannot let this business go. Once the ‘trading bug bites’ it’s usually for life. If you don’t get bitten with the first year or so, leave the business and apply what you have learned elsewhere, after all the business of international and local ‘Agency’ is the biggest business on the planet and you are a specialist trader, a skill set that could be used in another internationally or even locally inspired business application by any worthy entrepreneur. Also please note: "A number of dishonourable traders have stolen our material and sold it as their own after altering key words to disguise the theft which in turn has produced the correct perspective for a copy which was long outdated anyway.Years later they approach FTNX with a deal.No service is given. Such dishonourable entities cannot even get close to close a deal as 'all roads lead back to FTNX eventually. The www.smice.net is out new educational site, if you accept what stated here ,read more on www.smice.net, which is aimed to support those traders who have already purchased the SMICE in-house Beta doctrine.'