CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Checking the oil price lately? Looking to trade it? Before you start trading this global commodity, you really need to understand the different factors that impact its price. This knowledge could steer you in the right direction towards improving your trading journey. Join Lukman as he runs through 5 things you need to know before trading oil markets! ð¨ What's commodities are you looking to trade next? Let us know in the comments section!â 00:13 Intro 00:30 Number 1: How does supply & demand effect oil markets? 01:13 Number 2: Can market sentiment create an impact? 01:52 Number 3: Where can you find the latest events that effect oil? 02:43 Number 4: What are the oil benchmarks? 03:45 Number 5: Why is it vital to understand spreads? 04:20 Conclusion: Should you be looking at oil? Some useful links: ð FXTM Daily Market Analysis: https://fxtm.co/dailymarketnews ð Trade Oil and Gas with FXTM: https://fxtm.co/TradeOilandGas ð Economic calendar: https://fxtm.co/economic-cal ð What are Spreads? Watch the video: https://youtu.be/flO9SJTSF3E ð Forex Trading Strategies: https://fxtm.co/trading-strategies #TradeOil #TradeCommodities #FXTMgivesyoumore #FXTMmarketsexplained #CrudeOil #Brent #WIT #TradeUSD #FXIndicies #TradingStrategy #Trading #TradingEducation #TradingInstruments #FinancialMarkets #TradingExplained