9.30.21 MRNA Bobby's Homework Assignment Part 2 Take 2: technical error on last video....sorry about that....no big deal. This is my general plan: I am at year two of doing this, and I'm getting tired of teaching the tools because new people come along and they didn't listen to the videos that explain the tools in the past.So I decided the title a series of these videos as Bobby's homework assignment so that people who come along in the future can go to Bobby's homework assignments that show you how to set up the tools… So that I never have to do this again. This way, I can talk more efficiently about expansion and contraction, and certain other properties of the market that are a little bit more elusive to people who are used to looking at the market a certain way. I'm trying to decide how extensive I want to make this series of videos. The fact is Bobby needs to learn about commodity markets even though his teacher is not interested in this. In his economics class they are talking about risk versus reward and low yielding markets that have lower risk, but are considered safer. So in the class they will talk about bonds, or treasury notes as safer vehicles with less risk. What this economics class will never get into because it is beyond the scope of an economics class... Is how to use some of these futures markets where the risk is thought to be higher because of the way those markets are leveraged, but if you know how to deal with this, you have a much higher chance of being substantially more profitable with less real risk if you know how to trade. For example if Bobby has an imaginary account of $1 million, Bobby can trade many contract or large contract of oil and target profits and identify risk and with one or two contracts every now and then in just oil alone, his risk of rolling is almost 0 because a traitor who has $1 million of assets can trade an oil contract or a gold contract, and if in doubt a mini contract and make a huge difference in his return. This paragraph is a long paragraph and 90% of the people won't read it. And that's okay. I'm hoping that Bobby reads and does the work on his homework assignments and then he will learn things that will never tell him in economics class, but he will learn it in his lifetime the hard way or the easy way. It's very hard to make substantial profit with no risk, but it is very hard to maintain your purchase power because of the devaluation of currencies when your major goal is to avoid risk.