 Hello and good evening, everyone. This is Ali Hamedi with TickMill from Beirut, Lebanon, following up and continuing our future session, webinar series on futures and how they're used and how you'd be able to start using them through TickMill on their platform. Hello and Ramadan Karim to everyone who is fasting as well. I wish everyone a happy Easter as well. We have a lot of overlapping holidays, so I wish everyone the best and safest of holidays. Let's jump straight into it. This is our fourth webinar. I'm excited to be here. It's been a couple of weeks since I've been able to speak to everyone. As you guys all recall, our first webinar is what futures are as a particular product as an investment. Second, what types of use are they when it comes to speculating or hedging. Third, how to value, what is the valuation of the actual instrument that you're invested in because it varies from instrument to instrument. And this leads us into tonight's topic as to what the actual asset classes are, the different types of assets available and each of the asset classes that are available specifically on TickMill's platform and how you will be able to access them and get a better idea of the depth that TickMill is bringing to you regarding the futures markets. Without further ado, let's get this kickstarted. What contracts are traded in the futures markets? Now, keep in mind there are many, many different, let's say, exchanges across the globe. I'm going to be discussing the markets that TickMill will be providing through their platform, which is wide and deep enough as you can imagine. What TickMill does all for you is when you do trade futures with them, you have access to six global exchanges, providing you access to products from the six different asset classes, ranging from agriculture, energy, FX, indices, metals, and interest rates. Now I'm going to dive a little deeper, obviously, as for first timers here, I don't like to read directly off the screen. I like to keep my webinars very informal. I like to have it conversational, keep you up to speed with current events as to what's happening with the markets. I have a better idea and feel of how this could possibly be a part of your portfolio or strategy now or in the future. That being said, getting a little deeper into what specifically TickMill is offering. If I can make the screen here a little bigger for everyone to see. You're going to see. When we get into agriculture, we have specifically corn, mini-sized corn, mini-sized soybeans, mini-sized wheat, live cattle, soybean meal, soybean oil, and soybean. Okay, there's many more other parts to the agricultural asset class across many exchanges, but this is what we have on the TickMill platform. Under Energy, we have crude oil, we have E-mini crude oil, we have E-mini natural gas, we have heating oil, we have this out of the way, natural gas, we have gasoline, and the small U.S. crude oil. With Fx, there are a number of, let's say, combinations from E-minis to standard contracts, to macro contracts, to micro, et cetera, et cetera. You can go in depth, we can go into further detail if anyone has any questions about that later. I think with indices, you're looking at what's available in the U.S. markets and across Europe, mainly the DAX and the Euro stocks exchange. In metals, we've got the Comex Copper, which is the commodities exchange copper, E-mini copper, E-mini gold. The commodities exchange 100 gold, the micro gold, micro silver, platinum 9x silver, the actual Comex exchange itself and the mini silver. And then, last but not least, we have the, excuse me there, we have the interest rates, which is also a hot topic now. We have a range mainly from the U.S. treasuries through the European market interest rates. When you see Euro-bobble, they're talking about the bundes obligation, bundes bond. Okay, that's the longer end. When you see the Euro bond, that's the bundes league that's coming from Germany as well. When you see the shats, that's also the bundes shorter end Euro bond on the shorter end of the duration and end of the time frame. All right, so what I'm going to show you now, what I want you to focus on is on this particular screen, what that previous screen I just showed you looks like on Tick Mill's website. So if you go into, if you go to try to get in depth, what you're going to see is, okay, you're going to see, pay attention to the left, where's the exchange? You'll be able to see that, okay, this is the commodities exchange, this is Chicago board of of change and change exchange. This is the New York market exchange, commodities exchange, et cetera, et cetera. You'll see the asset, you'll notice that they're all futures. The asset class, it will give you the segregation, whether it's in metals, agriculture, energy, if it's an industry, if it's FX, if it's interest rate, et cetera, of the six that we just discussed. And then it'll also give you the size. It'll give you the either standard or E-mini, we have micro as well. The actual product that you want to trade or invest in, the denomination, whether it's in US dollars or Euro, the all cost in all end costs, this is the total cost per contract. And that's so that you understand this does include the fees, the commissions, all of that is that's what it means all in cost. Okay, and then what we want to focus on now is the initial margin for you to get involved in this one contract to get involved in the one contract. Again, the maintenance margins. We'll be getting into initial margins and maintenance margins in the next webinar series as we continue to move down further and get more in depth according to what we're trying to do with your portfolio. This is another screenshot. I'm just, I'm just giving you the depth. I want you to see the depth of those first six asset classes that I gave you what it looks like when you're actually looking at it on the actual screen itself through Tick Mills website and platform. Okay, so here you can see here's where you saw when I mentioned soybean meal, here's soybean meal. This will tell you the initial margin size and so forth. It tells you which, which exchanges trading through which asset class it's considered as what type of contract is if it's a standard if it's a micro if it's a mini etc etc. Now that we've gone through the what is available. Let me get this a little smaller so now you can see now. Moving into the next slide, which I will increase for you are the contract specifications. Now this goes back has a little bit of overlap of what we discussed last webinar. When we got into, I'm going to be circling it here into the value, the tick size and the tick value of each contract. So my son hello, the other wants to trade in the sterling futures British pound. Okay, well, here's the contract size one contract. Its value is 62,500 GBP. Okay, the tick size, as you can see it's the decimal point and it's the fourth number over. So it's decimal 0001. And each time that one moves up or down, its value is $6 and 25 cents. So you can see how quickly you can go up in value or go down in value pending on what side of the fence you are within the actual contract itself. And then these are the trading hours of the actual contracts. Okay, and then so forth. Here's copper. It's 25,000 pounds. You can see also how volatile it is every time its tick size moves up or down point 0005 the value of that is $12 and 50 cents, etc, etc. And you can go on down to corn crude oil, and I'm going to show you the rest of the list as well. We're not going to go through them one by one because I want to get to some graphs. What's currently taking place in the market. Just going to get a quick sip of water real quick. Excuse me there. Thank you. All right. So we spoke about valuation last webinar. And what we're going to talk about, as I discussed the depth of what's available across the asset classes in the specific assets that tick mill has to offer in their futures trading platform. And then understanding the value of how it works. I'm going to get there. I'm getting to the live. Here we go. I want to discuss with you of what's actually taking place in the markets. Now we're getting to the to the conversation into the thick of things. What's actually happening. What's happening, not to forecast not to give advice but to give you insight, a different perspective from how I see things of what's taking place in the market. Now, this particular screenshot here was taken yesterday in preparation of this webinar and this is crude spot and it was currently trading at the time at 99 oh three. Okay, right now. I'm opening up my markets crude oil is currently trading at 102 84. Alright, so currently market today is 102 84 yesterday at the time I was creating this, this snapshot from trading view this was 99 oh three. Okay, now what I want you to pay attention to is for the longest time crude oil had been changed trading in a range it got down very, very, very low people were predicting it could go down to as low as $16 per barrel I remember reading an article on Goldman Sachs. Years and years ago about that when the crisis hit. It never got to $16. Okay, but it did get into the mid 20s and then it recovered and then it hovered for the longest time. Let's just call it a range between 35 and 75 for the longest time, and then the geopolitical tension. And then here started building up with Russia, and then it shot up once they did what they did. And now it's starting to play out now what I want you to focus in on now is, how are you able to trade, not just spot but futures, because here's the futures in fact, for December of this year on crude oil, and it yesterday was trading at 91 39 I'll make it a little bigger. And what I want you want everyone to realize and focus in on here is the pattern of the chart, because I'm not a technical guy. I don't manage money when I'm looking at managing capital, whether it's institutional fixed income whether it's retail investor, or whether it's ultra high net worth family wealth income. My portfolios are built around the specific core, and I have specific hedges built in place. But if I'm looking at graphs, which I look at for trends, but I don't use it as. This is a signal for me to buy or this is a signal for me to sell. I'm not against that for the traders and investors that are, but I'm just telling you a bit about myself, but what does this graph tell me is that you can see the trend here, moving that is happening during this time here. There was no war going on between Ukraine and Russia, here's the war. This is when Russian Ukraine started going at it geopolitically, but what is all this here. I want to be careful and understand that this is telling us when the cost of goods was increasing. When inflationary talk was that it's 40 year high in the United States in the US markets, when you're talking about disruption supply chain management, from point A to point B, manufacturing disruptions and being able to get their product not only produced but from point A to point B across all market sectors, mainly in the tech sector. And the inflationary wind started picking up and then you ended up hitting the 40 year high. Well, that right there in itself is an asset class and an opportunity for investors and traders like like yourselves to partake in futures contracts within the interest rate markets as well, and also use those instruments on the short end of the curve, you're talking about the 2 year, the 3 year, the 5 year, the 7 year, the 10 year, the 30 year on the US Treasury notes, then you got the Euro, the Euro bundes, basically the largest market and the strongest market in the European market in the US is Germany, you got the European interest rate instruments to also invest in trading as well. But this is the all the inflationary talk right here is the build up. And then when actual invasion, or the skirmish or the war, whatever you want to call it, I'm not taking any sides happened, you see the spike but what's happened since then. We've seen an interest rate hike in the United States, and we've seen the sentiment of increased hike, hiking of the rates, moving now until you're in, is it going to be another two, three or four hikes, maybe one, nobody knows. They can change their mind and they can increase the interest rates tonight if they want. The Federal Reserve reserves the right to change the rates whenever they want, no one is handcuffing them or putting them in any type of corner. They have all the power and the tools needed necessary to do whatever they want whenever they want. So with that being said, is they increased rates. There have been negotiation talks geopolitically to try to calm the situation down, but that still doesn't get the fact of what's going to happen to the transportation. You know supply chain disruptions management because it all it takes what it costs fuel it takes fuel it needs oil. And now we're starting to see it come back down and pending on now, what's going to happen over the next three weeks with the negotiation talks, what's going to happen with any supply chain disruptions, if they're able to work those out. If they're able to bring the price of the crude down below 100 and keep it stable below 100 etc etc will depend on what happens to the actual price of this particular future but remember, this is a December 2022 contract that was trading at the time yesterday when I took the snapshot at 9139. So, depending on how I'm managing my portfolio and pending on my current strategy that I'm trading or investing in. I'm sitting on a contract that let's just say a budget yesterday at 9139. Right now that's telling me that come the third Friday in December of 2022. There will be a cash settlement, if I haven't closed this position before then, depending on where the prices of this particular contract at that particular moment, if it's higher than 9139, then I make money. If it's lower than 9139, then I lose money on my position, plain and simple, but that's what I want you to understand and get the concept because here, when you go back here, this is spot. This is spot trading at 9903. Okay, at 9903, you buy it, it goes up, you make money, it goes down, you lose money. You have to put the futures contract in the December and it gives you another seven, eight months trading at 9139. Okay, it goes up, you make money, it goes down, you lose money, accordingly, as well, but you still own the contract, you have the contract in place that gives you the time to not panic, or not be forced into making an irrational change because you see oil spike up or spike down against the position you have, you can easily go in and take a contract to hedge it or protect yourself, or you can even even speculate and give yourself the luxury of time. And you know what, I really think that things are going to settle down. I think that 123 is going to happen and there's not going to be a prolonged geopolitical situation between Russia and Ukraine. And I think OPEC and the US are going to get together and they're going to produce more more output. I think it's going to go back down to $75 a bill. That's a possibility. Then I would take out a short contract. Okay, for those that say, no, I'm talking about Russia and Ukraine. Some are increasing, some are decreasing. So it's going to stay volatile supply chain management and the disruption of getting goods from transportational perspectives are still going to be challenging for the business world. You can see oil closing at 150. You have different perspectives from one end of the perspective of the of the scope to the other. That's what I want you to see from this graph. Here's another one. This is gold. And this is if I'm not mistaken. Yes, this is spot gold from yesterday. Okay, so what I want you to get from this spot gold was trading at 1951. Right now spot gold is at 1925 and 70 cents. Okay, an ounce. This was 1951 at the time through trading view of this snapshot at spot. Same thing. You're going to see here that the inflationary talk build up. Then the geopolitical tension, the flight to safety, then the sell off the profit takers. Then you're going to see the interest rate hike announcement. Then you're going to see the how they're going to try to combat inflation. You have negotiation talks, etc, etc. But now how is this pattern going to trend. What type of trend is it going to create is it going to treat create a flat line normalization across this band here, or is it going to kick back and shoot up or if it's going to come down to the 1900 1850 1900 range. Okay, that's the spot. Here is here is the December. Sorry, went back to the crude apologies. There's the spot. And here's the December. Okay, I was on the December future. Okay, so here's the spot on gold trading at 1926 73. And it's now at 1926 70. So at the time, this is where it was trading yesterday when I took that snapshot from trading view. And here's the December. 2022 contract on gold is that 1951. Okay, sure. Yep. Okay, so from now until the third Friday in December, I would be owning this contract that basically I own gold at 1951. Is it going to be more valuable by December. Come year and or is it going to be less valuable, depending on if I bought or sold my position regarding this particular contract. I wanted you to understand from this particular webinar, I'm not going to go too much in depth now but if you go back to these are all recorded and you can always come back to tick mill and revisit the actual webinar what was discussed, how I was presenting the actual presentation itself. At the same time you're also welcome to go to tick mills website, and you can pull up and see the specifications. You can see the specifications chart that I showed you earlier, where it gives you the value per contract. And specifically, you're looking at thousands and thousands and thousands of dollars in movement from here, all the way up to its peak and then all the way back down. If you're able to get the trend right, or wrong, regardless, thousands of dollars per contract are at stake. And the initial margin, which I'll get into, you're not having to put, you know, 100 ounces worth of gold into the contract to own it, they have an initial margin same thing you don't have to have 1000 barrels worth of crude oil to own the contract you to have an initial margin on the initial stake, if you will, in order to engage and own that contract. And then that's when we will talk about the margin requirements in the upcoming next week we will be on schedule next week hopefully discussing the initial margin how they allow you to get into bigger positions that will have bigger movements, depending on your position, depending on your portfolio, what are you trying to speculate or are you trying to hedge, etc. And you would be able to reap the benefits of understanding how they can help you. Once they do start to move the way that you need them to move within your portfolio, you will be amazed at how useful the futures contracts are and they will understand why professional investors use them accordingly. So the key takeaways, what I want everyone listening tonight to get an understand out of this particular webinar this evening is one understand you need to understand the sector that you are currently investing or trading in if you're trading in fx. Okay, be cautious when you just jump over from fx from one asset class to another just because of the volatility. Okay, if you if you're trading the euro and the sterling and the euro has been plus or minus 110 to 115 ranging for some time. Interest rate discussion. Fx. You're going to start getting all over the place and your portfolio is going to get sloppy and you're going to put yourself at a greater risk. So you need to understand the sector that you are currently investing in if there's something of interest outside of what you're currently investing in, then move down to the next point. And you need to do the next point regardless is do your research on the current market situation based on as much information that you can find and I'm not talking about just mainstream media. I'm not for or against anyone. I'm talking about all sources of information, you have to be able to access all sorts of information from newspaper articles from online articles from actual financial media, from actual media itself to understand a better, let's say, well rounded vision and or comprehension of what's taking place within the marketplace and what may or may not be happening geopolitically, socially, economically, etc, how that would impact that particular sector. You've got to do reading and understand, okay, this is how I see things. I agree with this particular, let's say analyst or this particular vision or this particular strategy, and you've got more information to back that up and you say, you know what, I'm going to try it and I'll try it with a micro contract. Don't even go to the mini start with the micro, for example, and get a taste and get a feel for it and then things will start to flow, then you'll start to understand your sources of being able to filter out men when J. Which is more useful to you which is less useful to you and then you can take positions, understand what and why you're investing or trading and the way it will affect your portfolio or the trading account. Okay, this is extremely important. Understanding the sector. Okay, I'm in metals. It's very simple. I understand there's, there's a strain on raw material goods now cost is rising and I'm going to take a long futures contract. And I'm going to take it out so I can get it a cheaper price because I think the longer it lasts this particular year, the price will only go up, and I can lock in the cheaper price now, you may have a good handle of things. But what you need to understand in point number three is how this particular instrument will affect your portfolio or trading account, depending on what size you need to know how to use the sizes of what's available in these futures instruments. From the actual full on contract size, then you've got the what they call maybe a mini if you want to say indices E mini S&P, then you got the micro S&P, which will keep different shoe value and tick size differentiation between the micro and the mini and the and the macro and the actual full size contract. This is where you need to understand where your portfolio size is playing in the right size or right asset class contract with the futures. And then and only then can you then start to build a disciplined and well rounded futures portfolio. What's going to end up happening is you're going to as a trader or an investor you have your portfolio that you put in and best. So just keep it simple monthly basis on X amount of Masari. And you're investing it, it can be in stocks, it can be an indices, it can be an FX, it can be commodities, it can be energy, it can be all of these things that we just been talking about. It moves up and down trends and it follows you've got your volatility based on what's taking place in the current day or week of what's taking place. Then you start to hedge and or speculate using futures, depending on how well rounded your portfolio is will depend on how well rounded your futures portfolio will be. If you're only trading and focusing in FX, then this portfolio will mainly be based in FX, but if you have a more balanced and well rounded portfolio where you are actually having what you do have what we call a portfolio of different asset classes, different types of instruments and so forth, then you'll start to develop a different type of futures portfolio in parallel to your actual portfolio. Then you'll start to be able to see the dynamics of possible arbitrage possible in parallel moving together where you just boom knocking it out of the park on both ends. But at the same time, it can be moving down in parallel and you can be bottoming out very quickly so this is where you've really got to understand going up to those first three points that I mentioned understanding with market you are playing in. Why you're there and what size contracts, the futures would be most effective to help you with your strategy, and then you can start building the futures portfolio. I'll give you last with a comment from George Soros. For those of you that don't know he's, he is an American billionaire. He's quite famous within the United States within the US markets, and here is something that you need to understand. It's, it's dead on it's just, it's well, it's well stated. It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. What is if you read between the lines here. Nobody's ever going to be right every, every time. It's impossible to time the market correctly every time. It's impossible not to lose every time. And at the same time, it's in theory impossible to lose all the time as well. But depending on the situation or the investment that you get involved in, you need to start learning how to protect your profits and minimizing your losses. I'm not giving you advice, but this is what he's getting at is, it's not whether you're right or wrong, getting the market right, you know when you get it right everybody, ah man I was right I told you so I told you so. You hear people talking about this but they never come and tell you the 30 times before they got it right that they were wrong. You only hear about the time they got it right. So, focus on your portfolio it's not whether you're right or wrong. You're making money how much you make. And when you're losing money how much you lose you want to make more money than you lose. So you need to learn how to use what tick mill has available to you specifically through these futures products and contracts that are now available. You can do wonders, but it will take a little time as as we've stated in previous webinar series that these are complex instruments this is not basic investment 101, you know, buying a stock type of instrument you need to understand the dynamics behind them. On that note, to follow her. If anybody has any questions, please, you may go ahead and ask them now, and I will answer them accordingly. If there are no questions coming in, have a wonderful evening, and I look forward to speaking to everyone again next Tuesday, and we'll be getting deeper and deeper into our series will getting into where we're leading into where we'll be having a, a, what would call it say a demo outlook of what would have happened if we had done this back at this point in time frame so you can. So everyone will get a better idea and sense of how this is coming together webinar by webinar. And on that note, if there are no questions. Thank you for your attention. Thank you for having me tick mill all the best good luck in the trading session. The rest of this week today and and stay sharp. Good luck, and have a good evening. Question. Yes. My answer to show this question. Yes, tick mill does have these on their YouTube channel you'll be able to pull these files back up as needed. That will not be a problem. Okay. Anyone else. Okay, you're welcome. Good night everybody, and have a good week, and we'll talk next week. Bye bye.