Instrument for Oil

LOL

Mate dont try trading oil unless you are prepared to end up starving and homeless!! :D :p

Although saying that i trading with barely £3,000 (all the money i have in te world), and need to hit £1,000 per month to survive with basic rent and food! lol

So i cant really comment on living on the edge
 
Quote from Qu|cksilver:

Hi,

I'm new with trading Oil. I noticed that my broker (Windsor) has two different instrument which is LIGHT SWEET CRUDE OIL OCT and LIGHT SWEET CRUDE OIL NOV.
Can anyone tell me what are the difference with the two instruments? Why do they have OCT and NOV?

Which instrument do you trade? OCT or NOV?

Thank you in advance.
More...

STOP. do not fucking trade.
 
Quote from Qu|cksilver:

Thank you very much for your reply.

one question: what if i'm a day trader (short term)?

still risky? :confused:
More...
No. Not at all.

$10 a tic with a $4.50 range today?

Come on, jump in. The water's fine!
 
Quote from buylo:

No. Not at all.

$10 a tic with a $4.50 range today?

Come on, jump in. The water's fine!
More...


ha so what, thats $4,500 movement today per contract?
 
this is absolutely awesome. dude is gonna get owned.

seriously, i've had good days and crappy days, if you can't handle volatility, GTFO.

This dude is better off parking his cash in LEH stock right now at $0.20 and hoping he has something in a few weeks...
 
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