THE SUPPLIER AND THE PCT
Posted: 4 April 2020
Once the PCT ( Professional Commodity Trader and Specialist ) reads the doctrine intently (around 2/3 months) the doctrine is placed down and used as reference. The very first act that the PCT must do is to secure a supplier of export ready products, the kind of supplier who is the manufacturer, producer or owner of goods being offered to the PCT. This means ‘no intermediaries’ or third party offers may be considered, under any circumstances. This is the critical aspect of business that so many ill informed intermediaries fail to apply. There is no safe and effective international intermediary market place. This one unconditional aspect is what dictates success as well. The PCT may use protected ‘intermediaries’ called ‘string members’ to source goods and test end buyers–that aspect is allowed ‘on merit’ but that event happens after the PCT has fully verified that the goods presented had come directly from the export ready ’supplier.’ The PCT cannot simply accept to trade on a products offered by a string member when it has not been verified first. How is verification applied? The PCT must have full details of the supplier upfront in where online due diligence is then conducted. A person offering a supply of goods without disclosing the supplier upfront, is a waste of time, and cannot MUST not be handled by the PCT. If an intermediary asks for commission pay-order to disclose such information, this is also a waste of time; because in 99.9% of the rime the only information that the PCT will receive is the details of another ill informed intermediary. An ill informed intermediary is one who has not studied our unique mainstream doctrine in any form because they cannot read/write in English or cannot effort the cost of purchase. Ostensibly or otherwise, English is the international languages of business. There is no point is taking on other international trade lessons, as the FTNX uniform doctrine of trade is made for private traders and the nature of their business, and how such business must compliment the procedures of end buyers and suppliers world wide . The doctrine offers a legal perspective as well. Failing this, the PCT working alone without ‘string members’ MUST source the goods being sought personally. The PCT cannot use trade sites, platforms, groups, socials sites, etc.etc. when sourcing goods .To join such parasitic sites/groups after learning procedures, is detrimental to the position and status of the PCT. Some such ‘trading groups’ are indeed parasitic in that once joined, the PCT will find it very difficult to have their ‘association’ removed by dishonourable entities, who are only looking to built up credibility based on the size of their email list, which is often on sold. “A PCT cannot claim to be a ‘specialist’ at what they do , if they are trading with ‘idiots.’ Suppliers and end buyers will check the PCT status online, and when they see the name of a PCT is associated with ill informed others, no reply will be assured. The PCT must make its own ‘reputation.’ To do as much the PCT has to be highly informed ( to an academic level and standard), and will need to practice the procedures offered in the FTNX doctrine. This suits the PCT intently, because to read the doctrine and obtained experience will consume the first year of trading (which commences after the doctrine has been read intently). One has to be a fool to believe they can close a lucrative billion dollar revolving contract, all because ‘they’ve read a book’ for a few months. By reading the doctrine alone, even if not fully understood gives the PCT an immediate 50% status. The rest is learned via practice, practice and more practice.The doctrine delivers a trading process and procedures that has eliminated our mistakes of the last 30 plus years.
The PCT must ;
- be 100% sure that the product before them has come from a disclosed supplier in possession of goods and the property in them.
- preferably be able to work alone , or at times may use protected string members to serve assistance; especially those attached who have studied the doctrine.
- enact will the supplier in writing . No phone calls allowed until contract time.
If a PCT has no disclosed supplier and is relying on undisclosed information submitted by ill informed others, then the PCT should not be trading. The biggest threat to the PCT is to enter into a deal, that fails weeks or months later , after a deal is closed, to find that the supplier is fake. This is where criminal charges could eventuate. If a deal fails and the end buyer takes it further; if the PCT cannot show that it offered goods that was secured and about to be purchased from a real supplier the PCT could face criminal charges for fraud. If a deal fails and supply is real, then no such charge will eventuate (civil matter). Also note, once an irrevocable DLC ( financial instrument) is secured to pay for goods, in where the PCT is attempting to secure such goods, after payment was made, this method of trading could instantly cause the irrevocable status of the credit to be come revocable. This act will also cause the PCT to possibly face criminal charges. The PCT must secure suppliers first. Securing one good supplier of a wanted product, means the PCT and / or his supported string can trade for us to six months or more in testing many end buyers. Regardless if it takes 10 weeks or ten year to secure one supplier, no forward movement can proceed until this one act has been successfully concluded. The act of securing the supplier, is the act of learning 80% of this business and is a crucial educational aspect. The PCT will need to ‘fail’ to secure a end buyer ‘a hand full of times’ before that one deal you have been working hard to secure finally draws near which suits the PCT intently because the much needed experienced gained during such a period is what will refine the ability of the PCT to finally close that one highly lucrative commodity deal– and to do so as a PCT (Professional Commodity Trader) The doctrine shows the PCT what to do should a supplier be secured early, and the PCT is not ready to go further at this time. ‘The PCT needs to be highly informed first, then it needs to gain some experience.’ In real life, to study a major doctrine and put into practice its advice would take 3 or 4 years of study and ‘years’ of further hand on practice, while under the watchful eye of a mentor. The FTNX Doctrine is designed for the PCT to be fully trading within 8-15 months of purchase. This period is crucial because without mistakes no ‘experience’ is possible.The PCT will make mistakes. The doctrine protects the PCT so as to mitigate such mistakes.This allows for the bedfellow of ‘confidence’ to take hold. Such mistakes are the bedfellow of future success. If the PCT intends to trade in this business as often as they can in their spare time or full–time for a long time, then this is the test that confirms the PCT should take up this study. The PCT has to guide and advised supplier and end buyers on the principles of safe, proper and formidable trading. This aspect earns the PCT respected subsequent integrity. A supplier who does not offer goods offered in one year; only to see that the PCT is still trading ‘years’ later is a positive aspect, as a new trader needs to become ‘known.’ Being highly knowledgeable will make the PCT known, on the condition they don’t stop practising and trading once the doctrine has been readied applied in the strictest form. Read the doctrine, place it down and do nothing else but secure a supplier is your goal, all other aspect is learned by perfecting this starting aspect. If you get the start of any deal wrong, then the whole deal will fail later rather than sooner is always the outcome. A PCT will not start a deal unless a disclosed supplier has been secured first is the standing premier rule above all others.Over 30 years of of personal experience declares as much; something that most other authors are not able to offer.