Found a great opportunity trading sugar

[Dainan]

Hi guys

So I was introduced to this guy who trades sugar as a middle man, mainly sugar from Brazil (icumsa 45) to India. He's also interested in Japan and since I know Japanese I was introduced to him.

Now, this guy is a big shot in the business, trading shiploads of many thousand tonnes of sugar so I was almost a bit overwhelmed.
He wanted me to see if I could locate any serious buyers of sugar form mainly India and Japan, but also other countries.

Since we've made a contract of sharing the profits 50/50 from the leads that I can get him, I am evrn prepared to pay a percentage of my profit for any advice that'll lead me to a serious buyer of sugar.

Anybody out there who has any interesting information about buyers of sugar who don't mind giving their two cents?

My very best regards!

Manuel

[Southern_Lenders]

Why not just open a futures account and trades sugar at home? Much easier, and much less starting cost.

[SmoothEntrepreneur]

trading future are very very risky unless you hedge yourself perfectly. without hedging futures means you have unlimited downside risk

[Dainan]

Why not just open a futures account and trades sugar at home? Much easier, and much less starting cost.

Thank you for taking the time to reply

Yes that is a good idea. The reason I opted for working with this guy is that he has knowledge and experiences in the business and at the moment I am not competent enough to seed the bonafide dealers from the less reputable ones

[Dainan]

trading future are very very risky unless you hedge yourself perfectly. without hedging futures means you have unlimited downside risk

I must apologize for my poor English. I am not a native speaker and not familiar with the term "heading futures" what does it mean, if you don't mind clarifying it for me? =)

[Dainan]

Aha I see, thank you