These Trades Are There Everyday in Oil
Oil when it comes down to it is not really that hard to trade once you get used to the movements of the market. Now that is not to say it is easy to make money because of course it isn't. I believe a person can consistently take 10-15 ticks a day from the futures market or perhaps even more in the spot market. I put a chart below to show you that it took me less than 10 minutes to collect money on a trade.
As I have said to you once I have said it a thousand times. Proper position size and proper leverage is paramount to your success as a trader over the long term. If you do not employ these risk strategies then you run the risk of big losses on your account after small gains which will inevitably bankrupt your trading.
If you are trading futures then you have a problem with a smaller account. The leverage is too big and eventually you are going to take a hit. You are far better to use CFD's (contract for differences) where you can be a lot more patient and wait for the right trade set up. You can also factor in volatility much more easily.
I know, you want to trade for a living and you can. However you must be careful. Everyone who trades on the oil markets are trying to do the same thing. Trade to make money. There is a pile of competition. What you as a smaller player are trying to do is ride the coat tails of the larger move of the bigger competitors that trade daily. That is it. Forget the trend is your friend and all that other shacko babble you hear from every non trader out there. There is no trend in oil.
When you trade with me you will know the execution areas all ahead of time. You will know how to calculate risk. You will know how to understand the set up. You will understand what and how to use leverage. I will teach you to trade both futures and CFD's. You will learn to hedge. You will only take high probability trades and much more.
As I have said to you once I have said it a thousand times. Proper position size and proper leverage is paramount to your success as a trader over the long term. If you do not employ these risk strategies then you run the risk of big losses on your account after small gains which will inevitably bankrupt your trading.
If you are trading futures then you have a problem with a smaller account. The leverage is too big and eventually you are going to take a hit. You are far better to use CFD's (contract for differences) where you can be a lot more patient and wait for the right trade set up. You can also factor in volatility much more easily.
I know, you want to trade for a living and you can. However you must be careful. Everyone who trades on the oil markets are trying to do the same thing. Trade to make money. There is a pile of competition. What you as a smaller player are trying to do is ride the coat tails of the larger move of the bigger competitors that trade daily. That is it. Forget the trend is your friend and all that other shacko babble you hear from every non trader out there. There is no trend in oil.
When you trade with me you will know the execution areas all ahead of time. You will know how to calculate risk. You will know how to understand the set up. You will understand what and how to use leverage. I will teach you to trade both futures and CFD's. You will learn to hedge. You will only take high probability trades and much more.
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