What is Contango?

ey, fellow traders! Are you familiar with the term “contango” but still not sure what it means? Look no further, because in this short [What is Contango?] video ๐ŸŽฅ, we’ll break it down for you.

Contango is a term used in the finance world to describe the relationship between the current and future price of a commodity or stock. When an asset is in contango, it means that its future price is higher than its current price.

But why does contango happen? It’s mainly due to the principles of supply and demand. When there is a high demand for an asset, its future price tends to be higher because people are willing to pay more to secure it in the future.

So, what does this mean for traders? In a contango market, buying an asset means paying a premium, and in order to make a profit, the future price would need to significantly increase.

We hope this short [What is Contango?] video ๐ŸŽฅ helped clarify the concept of contango. Don’t forget to hit the like button if you found this information valuable, share this with your fellow traders, and subscribe to our BeachBum Trading channel for more informative videos. Happy trading! Thank you for watching.

๐Ÿ”ด Please also Join us in the BeachBum Trading Community by Subscribing to the BeachBum Trading YouTube Channel at ๐Ÿ‘‰ https://www.youtube.com/c/BeachBumTrading?sub_confirmation=1 and Please Click the Bell Icon ๐Ÿ”” so that You are Notified and Never Miss an Episode of BeachBum Trading. All for FREE.

๐ŸŽฅ RELATED VIDEOS ๐Ÿ“Ÿ
—————————————————————————-
๐ŸŽฅ What is Backwardation? ๐Ÿ‘‰ https://youtube.com/shorts/AvM8eqOXbWU
๐ŸŽฅ Make Money Trading Commodities ๐Ÿ‘‰ https://youtu.be/mWa_AFadQH8
๐ŸŽฅ Make Money ๐Ÿ’ฐ Trading Commodities ๐Ÿ›ข๏ธโ›ฝ๐ŸŒฝ [Weekly Trading Game Plan] for 4/4 โ€“ 4/8/2022 | Part 1 ๐Ÿ‘‰ https://youtu.be/uEeBM6Nm1ao
๐ŸŽฅ How To Find Stocks in ๐Ÿ”ฅ Hot Industries using FinViz | How To Use FinViz | FinViz Tutorial | ๐Ÿ‘‰ https://youtu.be/Xb4UDGmkYRM
๐ŸŽฅ How to Find ETFs to Trade / How To Use the ETF Database | Part 1 ๐Ÿ‘‰ https://youtu.be/iCn0RMyXJSo

๐ŸŽฅ You may / Please see ๐Ÿ‘€ All of the BeachBum Trading videos in the [Beginnerโ€™s Guide to Trading] YouTube Playlist, All for FREE, at ๐Ÿ‘‰ https://www.youtube.com/playlist?list=PLH_4RiO370FPYA5Cln3KP6QG4E8etG6Bk

๐Ÿ‘‰ Please find and Watch ๐Ÿ‘€ All of the BeachBum Trading Shorts ๐ŸŽฅ videos, All for FREE, at ๐Ÿ‘‰ https://www.youtube.com/@BeachBumTrading/shorts

๐Ÿงฐ TRADING TOOLS ๐Ÿงฐ
—————————————————————————-
๐Ÿ› ๏ธ Webull โ€“ Get FREE stocks with Webull ๐Ÿ‘‰ https://bit.ly/3jKfvw5
๐Ÿ› ๏ธ E*TRADE โ€“ Use our link and we both get rewarded! ๐Ÿ‘‰ https://bit.ly/3zP6rvB
๐Ÿ› ๏ธ FinViz ๐Ÿ‘‰ https://bit.ly/3h7r8M3
๐Ÿ› ๏ธ ChartMill ๐Ÿ‘‰ https://bit.ly/3By9g4X
๐Ÿ› ๏ธ TD Ameritrade thinkorswimยฎ [TOS] ๐Ÿ‘‰ https://www.tdameritrade.com/tools-and-platforms/thinkorswim/desktop.html
๐Ÿ› ๏ธ Seeking Alpha ๐Ÿ‘‰ https://seekingalpha.com
๐Ÿ› ๏ธ Benzinga Pro ๐Ÿ‘‰ https://benzinga.grsm.io/uuo07mioquxj

๐Ÿ“ˆ TRADING PLATFORMS ๐Ÿ“ˆ
—————————————————————————-
โœ… Webull โ€“ Get FREE stocks with Webull ๐Ÿ‘‰ https://bit.ly/3jKfvw5
โœ… E*TRADE โ€“ Use our link and we both get rewarded! ๐Ÿ‘‰ https://bit.ly/3zP6rvB
โœ… Public Investing ๐Ÿ‘‰ https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)

#Contango #Backwardation #futurestradingforbeginners

๐Ÿ‘€ BeachBum Trading on Social Media ๐Ÿ‘€
—————————————————————————-
๐ŸŒ To See ๐Ÿ‘€ any Daily Changes to our Watch List(s), “Real Time Alerts” ๐Ÿ“ฃ of our Buys, aggregated News on our current Positions, etc., โ€ฆ Please watch / keep an eye ๐Ÿ‘€ on the Comments section of this video, below, and/or โ€ฆ Please also Follow BeachBum Trading on:
๐Ÿ‘‰ Patreon at: https://www.patreon.com/BeachBumTrading
๐Ÿ‘‰ Discord at: https://discord.gg/BXTE6bdkmZ
๐Ÿ‘‰ Twitter at: https://twitter.com/BeachBmTrading
๐Ÿ‘‰ Pinterest at: https://www.pinterest.com/stocks1thevcf
๐Ÿ‘‰ Facebook at: https://www.facebook.com/profile.php?id=100054334621367
๐Ÿ‘‰ Facebook Group at: https://www.facebook.com/groups/434697884890399
๐Ÿ‘‰ Facebook Page at: https://www.facebook.com/Beach-Bum-Trading-110655101593103
๐Ÿ‘‰ Instagram at: https://www.instagram.com/beachbumtrading/
๐Ÿ‘‰ Reddit at: https://www.reddit.com/r/BeachBumTrading/

๐Ÿ– Please also Join Us in the [BeachBum Trading] Community [Discord Server] ๐ŸŽฎ, for FREE, at ๐Ÿ‘‰ https://discord.gg/BXTE6bdkmZ

๐Ÿก Please also Visit the ๐Ÿ– [BeachBum Trading] [Home Page] at ๐Ÿ‘‰ http://BeachBmTrading.com

๐Ÿ™ Please Help us be able to continue to produce frequent quality content to help You Learn How to Trade so that You may Achieve the Financial Freedom You Want and Deserve to be able live the BeachBum lifestyle and/or any kind of life that You would like to live! and get Access to our New BeachBum Trading Community Discord Server Now by Supporting BeachBum Trading via Patreon at ๐Ÿ‘‰ https://www.patreon.com/BeachBumTrading

Leave a Reply