- Try to avoid holding positions overnight
- Crude oil investment is continuous for 24 hours. During the most volatile market period in the U.S. market, the country is at night, and holding positions overnight can easily cause losses. Be sure to set stop loss and take profit prices.
- Set the stop loss and profit price
For the setting of stop loss and take profit price, you can refer to the 5-day moving average and 20-day moving average of spot crude oil for more precise settings.
- Avoid full warehouse operation
Crude oil prices fluctuated wildly, and the ups and downs were considerable. Investors try to control the risk within an acceptable range.
- Determine the general trend
Crude oil trading should be based on market dynamics and then make a conclusion, and it is absolutely not wrong to follow the market.
- Seize the time to trade
Spot crude oil investment is an investment method with increased speculation and increased speculation opportunities, so it is necessary to enter and exit the market decisively.
- Choose a trading platform
Crude oil trading should choose a good trading platform. A safe and stable platform can make you profitable and worry-free.