Best Way to Trade Crude Oil? 🛢️

[@ukspreadbetting]

👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money. 👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @). 👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰

[@justdoit4834]

best channel. like the style. quick and to the point and without playing smart with normal language. you know when somebody just repeats what he reads in a book or if someone does it actually on a regular basis.

[@IronMike-gz8np]

I have two friends one is Forex trader and another one is Commodities trader, I am interested in both. Both friends love their expertise and praise it. I can`t choose one, I really need a person who would tell me which is more difficult to trade, which one has more profitability less loss ratio. Which one is less stressful. Which one can lead to millions sooner if done properly. At the end of the day, we all trade because of money. I am personally not greedy, not emotional person. I really want to choose one that fits my personality and become an expert in it. Because I believe that it is not good to trade all instruments at the same time. Better to choose one, narrowing the focus. Hope to hear from you. Thank you.

[@asteroid2sky]

Oil prices are easy to trade if there is a moving event. Thanks for the professional explanation

[@1TheWhiteKnight1]

You missed the best one to trade which is CL's younger brother on Nymex. Tight spreads, good liquidity and half the size. The ticker for the e-mini crude oil contract is QM.

[@jonathanlee5185]

👍Thanks: eager and sincere -- not at all snooty or condescending in the way of many our Brit financial pros. 👍

[@dandanndannnnnn]

Always look forward to watching your videos Mark. I learn something new regularly from them. p.s I'm watching this video the week after the Saudi oil rig attack and it was very interesting to see how it affected to oil markets. Feel sorry for anyone that got caught out by the almost 15% gap up on Brent & WTI 😬

[@WolfofChappaqua]

New to trading crude oil, coming from trading stock indexes. I always apprciate your insight. Thank you!

[@wctucker2]

Really appreciate your take on this topic. I think you do a terrific job Thanks

[@alimuddinsheikh6164]

Thanks for increasing my (body of know) about crude oil trading

[@user-ft4cg8yr9u]

Which timeframe would you consider best?

[@1conkers1]

there is always something news related but its never obvious what the outcome in the market will be......Let me advise you not to try guessing news or even caring about it, find an edge in price behaviour, back test that edge....build statistics from that edge and frame a rvr and a behavioural framework to keep yourself in. make it as mechanical as possible so back tests prove as close to live as humanly possible.......Personally do not use any indicators like MA's Stochastics etc as in back test it wont prove true too live unless you replay the data and test yourself that way

[@zodiahauxer47]

Totally agreed.. Just Price Action..

[@RomilCPatel]

I don’t like trading crude through oil futures, rather I use the 3x oil etf, GUSH and the 3x inverse oil etf DRIP and trade options on them, since they are hugely leveraged.

[@danrichardson6132]

@Umar Virk What makes even less sense is he isn't even trading oil via GUSH and DRIP. Those are ETF that trades companies that are in the sector. There is absolutely zero relationship to the commodity futures prices and the ETF tracks. 🤭

[@panzercommander]

then you should look into UWT and DWT, that is if you want to stick to these types of ETFs despite the decay...

[@rbbtllc1146]

I am PA day trading / scalping CL on the 1-min Heikin Ashi, 6 period MA, and MACD. Thoughts? Thank you.

[@justfly2525]

How do you guys feel about GUSH these days. Many of the oil ETF's are delisting 😬 I hear that GUSH just changed from 3x to 2x. So that totally screws the guys that rode oil down and are counting on recovery. Any thoughts on if GUSH is going to be around? Will it perform at 2x as promised?

[@dave7701]

Oil is simple to trade and gain profit

[@adamw8818]

I've started trading CFDs and crude oil never seems to give me good profit yet gold always does

[@minnoxdnb]

thanks for answering my questions! :)

[@georgehaddad1159]

Nice video. many thanks for this. Am I correct in understanding that WTI currently trading @ circa $23; one would need in excess of $23,000 just to trade the underlying asset on NYMEX without being stopped out if WTI fell to below $1 per barrel? Whats the best way for me to trade the underlying asset on NYMEX? Do i still need to go through a broker?

[@charldon9950]

The first half is all about pips. I didn't learn any strategy.

[@optima-nova772]

Really good way of breaking it down and explaining it. Thanks buddy!

[@Rao2908]

Thank you for the valuable information 👍🏻

[@TGFTTGFFGTTRUEFHROWHEF]

thank you for the guide. may god bless you with fortunes..

[@thomasmadden1011]

What inflation , demand& supply

[@theracingline6999]

I'm relatively new to trading and I've been trying to figure out how to trade oil in Hargreaves Lansdown for some time now. Do you have any ideas?

[@nich586]

I trade the ETF's a lot. Warning to those new...the decay on those is a serious factor.

[@danrichardson6132]

That is not exactly accurate. It only decays if it is in contango. If in backwardation the result will be appreciation.

[@meshoksa5151]

Sry i dont understand how buy it now and sell it after 3 years?

[@BodybuildingAustralia]

Hi when you buy WTI example 100 barrels .and the contract ends June2020 what happens if you're still holding the barrels .i understand these are the future exchange .you don't physically own the crude oil barrel. Thanks

[@jeffburnett6425]

What time does Oil open and close? Or is it 24/7

[@mumtaznizamudeen9436]

Hi I live in India. Please help me know which broker gives tightest spread for wti crude oil. I get 0.3 spread but is there anything lesser than that?

[@JO-ct6dl]

Hi, which ETF/ETN corelate closely the price flutuations of the oil during next 2-3years term.

[@craigsanders385]

What are the official opening and closing hours of US crude oil in order to set pivots up on IG from within UK. Im trying to find official opening and closing prices. Cheers

[@9875oil]

Thank you sir

[@shanhaider7614]

you are my best coach

[@pauloc.3419]

If you only speak a little bit slower, maybe a lot more of us could understand. Looks like you know what you are talking about.

[@keithwalker4639]

Does anyone know of a buyer for WTI crude?

[@jithin4601]

Sir how to find out support and ressistance easily?

[@dasilvathiago9064]

Thanks 👍

[@a_tradersjourney1995]

does crude oil move up with us doller moving up as i have locked at the charts it does do that

[@jamesbenedict6480]

Sorry man, layman like me, do not understand what you are saying... please be clear...do not rush it!!

[@seanculun6067]

man you need to slow down!! i listened for 5 minutes didnt get any of what you said??? dont forget your not talking to experts

[@paulbucklebuckle4921]

Oil b

[@aliciapeng4396]

Could you recommend some platform for crude oil trading?

[@ukspreadbetting]

Check www.financial-spread-betting.com/spreadbetting/compare-spreads.html

[@gh8492]

I heard everything he said, and I'm neither British or American born.

[@deanmav3571]

SPREAD BET IS A BET = CASINO!!!!!!! BE AWARE GUYS

[@ukspreadbetting]

With that logic a trade is a bet. Trading stocks is also betting! 😉

[@thomasmadden1011]

,over sea crude oil !!!?‽

[@Wlx006]

energy transfer lp stock

[@piotrzarudzki6630]

what is the oil trade tax in uk

[@ukspreadbetting]

Haven't heard of an oil trade tax... Where have you heard that from?

[@shanhaider7614]

superhittttttttttttttttt

[@NMA_NoMoreAmmo]

You forgot to mention that spread betting is tax exempt. Government do not want all the losers deduct loses as expenses, because everybody lose on it a lot.