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 ๐ฅ, 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 ๐ฅ 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.
๐ด Please also Join us in the BeachBum Trading Community by Subscribing to the BeachBum Trading YouTube Channel at ๐ https://www.youtube.com/c/BeachBumTrading?sub_confirmation=1 and Please Click the Bell Icon ๐ so that You are Notified and Never Miss an Episode of BeachBum Trading. All for FREE.
๐ฅ RELATED VIDEOS ๐
—————————————————————————-
๐ฅ What is Backwardation? ๐ https://youtube.com/shorts/AvM8eqOXbWU
๐ฅ Make Money Trading Commodities ๐ https://youtu.be/mWa_AFadQH8
๐ฅ Make Money ๐ฐ Trading Commodities ๐ข๏ธโฝ๐ฝ [Weekly Trading Game Plan] for 4/4 โ 4/8/2022 | Part 1 ๐ https://youtu.be/uEeBM6Nm1ao
๐ฅ How To Find Stocks in ๐ฅ Hot Industries using FinViz | How To Use FinViz | FinViz Tutorial | ๐ https://youtu.be/Xb4UDGmkYRM
๐ฅ How to Find ETFs to Trade / How To Use the ETF Database | Part 1 ๐ https://youtu.be/iCn0RMyXJSo
๐ฅ You may / Please see ๐ All of the BeachBum Trading videos in the [Beginnerโs Guide to Trading] YouTube Playlist, All for FREE, at ๐ https://www.youtube.com/playlist?list=PLH_4RiO370FPYA5Cln3KP6QG4E8etG6Bk
๐ Please find and Watch ๐ All of the BeachBum Trading Shorts ๐ฅ videos, All for FREE, at ๐ https://www.youtube.com/@BeachBumTrading/shorts
๐งฐ TRADING TOOLS ๐งฐ
—————————————————————————-
๐ ๏ธ Webull โ Get FREE stocks with Webull ๐ https://bit.ly/3jKfvw5
๐ ๏ธ E*TRADE โ Use our link and we both get rewarded! ๐ https://bit.ly/3zP6rvB
๐ ๏ธ FinViz ๐ https://bit.ly/3h7r8M3
๐ ๏ธ ChartMill ๐ https://bit.ly/3By9g4X
๐ ๏ธ TD Ameritrade thinkorswimยฎ [TOS] ๐ https://ift.tt/sATF1Qg
๐ ๏ธ Seeking Alpha ๐ https://ift.tt/l37JMQc
๐ ๏ธ Benzinga Pro ๐ https://ift.tt/EDhb79V
๐ TRADING PLATFORMS ๐
—————————————————————————-
โ
Webull โ Get FREE stocks with Webull ๐ https://bit.ly/3jKfvw5
โ
E*TRADE โ Use our link and we both get rewarded! ๐ https://bit.ly/3zP6rvB
โ
Public Investing ๐ https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
#Contango #Backwardation #futurestradingforbeginners
๐ BeachBum Trading on Social Media ๐
—————————————————————————-
๐ To See ๐ any Daily Changes to our Watch List(s), “Real Time Alerts” ๐ฃ of our Buys, aggregated News on our current Positions, etc., โฆ Please watch / keep an eye ๐ on the Comments section of this video, below, and/or โฆ Please also Follow BeachBum Trading on:
๐ Patreon at: https://ift.tt/FMq38Xw
๐ Discord at: https://ift.tt/EdZSvsK
๐ Twitter at: https://twitter.com/BeachBmTrading
๐ Pinterest at: https://ift.tt/6Yc1Pi5
๐ Facebook at: https://ift.tt/0I3hMsC
๐ Facebook Group at: https://ift.tt/32VkZeg
๐ Facebook Page at: https://ift.tt/9JpF1jh
๐ Instagram at: https://ift.tt/Ep3M2WI
๐ Reddit at: https://ift.tt/84pOtG3
๐ Please also Join Us in the [BeachBum Trading] Community [Discord Server] ๐ฎ, for FREE, at ๐ https://ift.tt/EdZSvsK
๐ก Please also Visit the ๐ [BeachBum Trading] [Home Page] at ๐ https://ift.tt/AVOnmoP
๐ 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 ๐ https://ift.tt/FMq38Xw
via YouTube https://www.youtube.com/watch?v=wYNkLXN7Owk