Why is Oil Trading Such a Powerful Money Making Opportunity?
Written on June 18, 2010 – 7:17 pm | by Tim Halport
Specially the oil trading futures and contracts that so few retail investors seem to know or take advantage of.
Written on June 18, 2010 – 7:17 pm | by Tim Halport
5 Responses to “Why is Oil Trading Such a Powerful Money Making Opportunity?”
By Tim Halport on Jan 22, 2010 | Reply
It’s a large and volatile market. You can do things on a bigger scale if you can handle the risk.
By Tim Halport on Jan 22, 2010 | Reply
it’s not.
By Tim Halport on Jan 22, 2010 | Reply
1. Oil is the most traded commodity in the world
2. Oil prices (the crude basket) are the single, most-watched barometer of economic growth & investor sentiment — worldwide
3. Oil prices tend to be volatile but they also rally quicker than other commodities — including gold. This makes profits for those who can spot trends quite incredible
By Tim Halport on Jan 22, 2010 | Reply
It’s not for small investors to fool with. I like uso for investing based on 80% of the crude barrel price. Xom for their retail operations, and wft for the exploration.
If you want to start off in oil and believe the price per barrel is way too cheap now and not going to stay? USO.
By Tim Halport on Jan 22, 2010 | Reply
There’s good money to be made in oil right now. There are good buying opportunities for value investors at these price levels.