An explosion of volatility on oil, due to a mix of factors and obviously amplified by the situation in Ukraine.
I closed my position on the ETC this morning which reflects the performance of the CL1 futures with a profit of 165%
In my opinion, this volatility should be exploited, even though we are aware of no longer finding an entry price like this, this profit had to be taken home, also considering the general context.
A major retracement is possible soon, as soon as the conflict ends … hopefully as soon as possible.
Happy trading LazyBull
DISCLAIMER: I am not a financial advisor nor a CPA . These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.