org. that's how I traded oil with little success. Full on analyzing reports, forecasts, rig counts, supply, geo-political factors, etc... Sure, long term I believe oil will trade higher but for now the swings are keeping me in the green!
Now that I trade it's current range I'm green. It's not hard to find a talking head that says oil at 30, 20 or 60! Sure opec has a range and it just happens to be trading in that range so... Swing trade!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.