Are there still people naive enough to buy heating oil futures in every fall? ... And crude oil futures each summer?
Just the slightest investigation to understand that the expected increase in heating oil is already factored into the futures price each winter, which means you only win if the price is abnormally higher than previous winters. It is simply a sales tactic to get the naive and enthusiastic to buy.
There is still down (cutoff) for these tactics?
Well, I guess you figured out how to be rich ........................ sell futures ..........
Yes there are people naive enough to buy futures at this time. Why do you care?
obtaining a profit is excluded. there will still fall.
If you are interested in making money choose F & O sale.
Posted on January 31, 2010.
