Crude oil futures, abbreviated as OilFut, is the most important oil futures. OilFut is the abbreviation of "Oil Futures". There are 4 important crude oil futures contracts in the world: New York Mercantile Exchange (NYMEX) light sweet crude oil is "West Germany". Texas Intermediate crude oil futures contract; Dubai Mercantile Exchange's high-sulfur crude oil futures contract; London International Petroleum Exchange (ICE) Brent crude oil futures contract; Singapore Exchange (SGX) Dubai Sour crude oil futures contract.
On March 26, 2018, crude oil futures were officially listed for trading on the Shanghai Crude Oil Futures Exchange and Shanghai International Energy Trading Center. The oil crisis that occurred in the early 1970s had a huge impact on the world oil market. Oil prices fluctuated violently, which directly led to the creation of oil futures. Since the birth of oil futures, its trading volume has been growing rapidly, surpassing metal futures and becoming an important part of the international futures market.
First, let’s talk about the benefits and advantages of oil. Crude oil futures have always been a very popular product for investment in the futures market. Let me first tell you some of the advantages of oil.
1. As the most important energy source in the world, crude oil’s international status ensures that the price will always change with the market and will not be manipulated by humans, not even by the state. In this case, the investment environment for crude oil is very safe. .
2. The high-leverage trading model allows investors to use their own funds to invest more effectively, greatly reducing the funds required for crude oil investment, and giving investors with small principals an opportunity to make big gains with small capital.
3. Compared with traditional investment products such as stocks, crude oil futures can be operated in both directions. They can be bought up or down. The flexible trading method allows investors to have the opportunity to make money in any market situation, regardless of the ups and downs. Can make a profit.
4. Crude oil investment is directly in line with international standards, including Asian, European and American markets, so the trading hours are 24 hours a day, suitable for investors engaged in various jobs, and there is no need to worry about investment time.
After understanding the advantages of crude oil investment, it is time to start from your own perspective and make full use of these advantages to seize profit opportunities? First of all, investors need to make good use of free demo accounts to learn crude oil trading. Beginners must learn patiently when coming into contact with crude oil investment, and do not rush to open a real trading account. The initial learning and accumulation are very important. Only when you are familiar with the trading process and have certain market analysis capabilities can you be more effective in real trading. Easy to profit.
Secondly, the investment concept must be correct and rational investment must be made. Crude oil investment requires sufficient account funds, but investors must not use their living funds as principal for investment, because once the operation is made incorrectly and the position is liquidated, it will seriously affect their daily life. Investment cannot be treated as gambling. Every transaction must have reasonable profit expectations and loss expectations, and stop losses and profits must be strictly carried out.
Finally, don't run away from your mistakes and learn from them. You will inevitably encounter losses due to various reasons during the investment process. Don't attribute losses to luck and avoid them; accept losses calmly and carefully analyze the lessons learned to avoid repeating the same mistakes. The sooner an investor accepts losses and learns lessons, the sooner the days of profit will come.
When the international crude oil futures market is operating, investors must pay attention to things to pay attention to when speculating in futures. The market is complex and changes rapidly, and the market conditions are even more unpredictable. We must protect the safety of our principal. In the process of real offer trading, the amount of funds in crude oil futures should be small or small, the position should be short or short, and the funds should leave the market or leave the market. We must do a good job in futures capital management and position control to avoid unnecessary profits.
Many retail investors want to make big money and obtain huge profits in the crude oil futures market, but they must have accurate investment goals. When trading crude oil futures, do not exaggerate your psychological expectations and pursue huge profits. If you are unwilling to suffer a small loss, you will always suffer a big loss. We should not take big risks in pursuit of temporary dividends, we should not be passive and controlled by others, run away immediately if something is wrong, reduce the loss of principal in time, and we must learn to cut off profits. Understand the successful people in the international futures market, and you will find that 95% of their bonus profits come from 5% of transactions. We usually need to be cautious when making orders, and stop profits and losses in a timely manner, but when encountering a trend order or a big market, we must also Know how to seize the opportunity. Only by seizing big profits can you better accumulate futures dividends.