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10 Rules for Coffee Trading

This list is adapted from observing one of my mentor's trading styles. Normally, I mention it as part of the Trader Mindset Lecture of my Coffee Trading Course, but I thought it was worth sharing here and elaborating a bit more on it.

Let me know any others that I should add to the list!

1. Bom Dia! (Know Brazil, Know the BRL)

Brazil is the world's largest producer of coffee, and therefore it is essential to know what is going on with this origin: what production is, what the weather forecast is, what phase of the harvest they are in, what the differentials are and what is happening with logistics.