Taking The CL Crude Oil For A Ride August 24th 2015
Being the best at something or producing the best results/products and outshining the competition could also be a factor. Getting whatever task done to produce profit was in their control. If someone or something in their circle was slacking or equipment was malfunctioning they would find a fix, someone or something could easily be replaced or repaired. Problems that might arise always had a solution because the owners were in control.
Now imagine if the business owner lost that control. Now all of a sudden, they were dealing with the market and things weren’t going as planned. Maybe the business owner turned trader becomes upset and starts feeling disappointment or aggression, but can’t fire anyone, replace something, or give the responsibility to someone else to deal with. Without warning, management skills, hard work, or being the best at something with the best product in the best location becomes meaningless. (more)