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I think oil is going to go down to 20 a barrel before it goes

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I think oil is going to go down to 20 a barrel before it goes back up, but I am not sure about the time frame. How do I monetize this bet?
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Have you looked into FCX I would invest in that particulate stock they mostly deal with Gold and Copper but also have some Oil. That is why i invested with them rather then a straight up Oil company. Good luck with what ever you choose.
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>>1097272
Isnt that taking a long position on oil? How do I short oil If I am not certain on when exactly it will fall.
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bampin
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>>1097240
I would buy a futures "put". You are only at risk the amount you pay for the put option on oil futures. If you sell a put, you are at unlimited risk.

Buy a December 2016 $20 strike put option on WTI. They trade at about $600.00 ea.

Read and study put options on oil futures via the interwebnets.

Good luck anon. Oh....and read this book. The secret to trading oil and gas is found in the first 50 pages of it.....if you know where to look.
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>>1097443
Should I read the rest of it or is 50 pp good enough? Looks Fuckin dull but I will if anon recommenda
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>>1097443
Can someone torrent this?

I can only find the 2nd Ed from 1994
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>>1097294
>How do I short oil If I am not certain on when exactly it will fall.

You tell your family and friends that you love them and become a daytrader.

ALSO I THOUGHT THERE WERE MODS ON THIS PAGE WTF IS THIS >>1097272 FUCK DOING HERE SHILLING A SHITTY STOCK.
Thread posts: 8
Thread images: 3


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