Beginners Guide for crude oil trading
Beginners always wonder how to give head start to trading. They are always in fear of loosing money in trading. This fear is genuine and obvious for every beginner. But this can be eliminated or decreased by many ways. The very first step of trading is to open a trading account with a broker. Broker chosen should have proper knowledge as well as the past experience in trading. Firstly start with a practice account to gain the experience. Then start with real money so that your chances of loosing can be lowered. Collect the information about the fluctuation and then use this information to increase your earning. After gathering the information, there are some technical analysis which are to be done. This includes monitoring charts, average prices and increase and decrease in trading volume . The main point to remember is that always trade the oil when the volume of trading is high in the market. By this way a short term profit can be earned, but this...