First oil trade ever
מעודכן
Hello friends,
I will be raising hundreds of thousands of dollars to long oil. Thought process is simple. You invest 20% of the portfolio. We return to pre corona prices, that means you gain 3x on your 20% putting your portfolio up 40%.
Seems a certainty that some day that trade pays off and your downside is capped to -20%.
Easy.
Shkreli
I will be raising hundreds of thousands of dollars to long oil. Thought process is simple. You invest 20% of the portfolio. We return to pre corona prices, that means you gain 3x on your 20% putting your portfolio up 40%.
Seems a certainty that some day that trade pays off and your downside is capped to -20%.
Easy.
Shkreli
הערה
this is actually a pretty half baked idea. I did not research this particular asset, was just expressing the sentiment that oil should go back up spot some time in the future once corona subsides.The problem with trading something like USO for example is that the contango issue is going to give you unfortunate roll yield.
הערה
sadly i might not be raising hundreds of thousands anymore as this trade is far harder to make happen than this post suggests. This post should be totally ingored.
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