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IL Padrino

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IL Padrino

Re: None

Monday, 12/15/2014 2:51:52 PM

Monday, December 15, 2014 2:51:52 PM

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Question for the board. Been looking into oil since the drop and plan on getting in soon.
Should I open a futures account or just trade stocks like HAL, CVX, and NBR?
What are the benefits/downfalls of each? I know I need $10K to open a futures account so I'm leaning towards just trading oil stocks.

As I understand, I'll need a futures account to trade WTI. Correct?

TIA!


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