What is oil investment?
Crude oil investment is an important investment project in the world.
It has the advantages of low entry threshold and high utilization rate of funds. It implements T+0 trading system and can be reversed every day Do multiple hands. With leverage, improve the utilization rate of investors' funds. With buy up buy down two-way trading machine No matter prices go up or down, there are investment opportunities.
The biggest oil products traded in the investment market are American Petroleum and British Petroleum.
U.S. crude oil, also known as WTI crude oil, is the West Texas intermediate crude oil of the United States. This crude oil futures contract has good liquidity and high price transparency, and is one of the three benchmark prices in the world crude oil market. All crude oil produced or sold in the United States is priced with the light sweet WTI as the benchmark.
Bp, also known as Brent oil, refers to the oil produced in the North Sea. Its crude oil price also plays an important role in the world crude oil trading.
Advantages of crude oil trading
Trading zero commission, low spread
Low threshold, high yield, trading at $10
T+0 two-way trading, up and down can be profitable
It can resist inflation and increase investment value
Trading volume is huge and market transparency is high
Why trade crude oil?
Crude oil is a two-way trade and can be long (buy up) or short (buy down).
In simple terms, if you think the price of crude oil will go up, buy it. If you think it will go down, sell. If the direction is correct, then earn the intermediate spread.
The calculation is as follows: Total profit and loss = (ask price -- bid price) x contract unit x number of trades ± overnight interest
Note: closing a position on the day of opening does not require overnight interest payment; Actual overnight warehouse interest based on actual transactions; Orders placed through the CM Trade platform do not charge commission.
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