
Futures Radio Show
Making Money in Oil – What the Pros Know
Feb 23, 2023
Morad Askar, an expert in oil trading, discusses actionable tips for making money with oil. Topics include navigating macro and micro influences on oil trading, investing in oil companies, risks of trading crude oil, and strategies for novices. Giveaways and insights on market selectivity are also highlighted.
01:00:07
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Quick takeaways
- Know where you're wrong quickly to manage risk in oil trading.
- Select trading products based on risk profiles and expertise for success.
Deep dives
Understanding Oil Trading Strategies and Algo Influences
Traders focus on managing risk and leveraging various trading strategies, emphasizing the importance of knowing where they are wrong quickly. Algo influences play a significant role in determining market behavior, with traders seeking to align with algo-driven movements to enhance trading decisions. The discussion delves into the impact of macroeconomic factors such as interest rates, currency valuation, and bond yields on commodities like oil.
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