FX_Professor

Oil- What are Biden & Putin Trading this Weekend?

Short
TVC:USOIL   CFDs on WTI Crude Oil
Today's lesson is about NEGATIVE BALANCE PROTECTION. 🎲🎲🎲🎰

The broker always has the upper hand.. except from nights like this one.

You see, markets close on Fridays and open again on Monday. When 'Urgent Situations' arise (like today, Foreign Office tells Britons in Ukraine to leave country now ), the trader can finally have an edge!

Oil:
The drums of war and uncertainty close to Russia affect Oil and Gas. Supply can potentially become disrupted and prices can rise even higher.

Murphy's law says: These things happen on Fridays, they are usually resolved/eased during the weekend, prices could normalize with a gap on Monday.

Now let's go back to NEGATIVE BALANCE PROTECTION and how I sometime use it, at my own risk:

I am entering a SHORT position on Oil at the closing of today's market hours. Doing so with an amount I can afford to GAMBLE WITH , on Monday opening hours I will have an account either at ZERO or at potentially x2,x5 or even x10.

Negative balance protection (some brokers have it, some don't) offers the investor/trader one of the very FEW advantages against the market. That's to be utilized tonight.

One Love,

the FXPROFESSOR 🎲🎰

ps. DYOR, Risk carefully and only what you can play with,..especially if you ever try such unorthodox methods like I am tonight

ps2. Been killing it on Oil:

Up, down, Up...now down again?



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