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I no longer believe anyone who says how the talks between the United States and Iran are going.

CN
Phyrex
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1 hour ago
AI summarizes in 5 seconds.

I no longer believe anyone who talks about how negotiations between the United States and Iran are going. I only look at oil prices. As long as the WTI oil price doesn't go down, anything said is pointless. The oil price is currently the most important barometer for measuring US-Iran relations.

Holding a short position on WTI has been for a bit too long, fortunately the funding rate on Binance has been adjusted, and fortunately I settled once at the beginning; otherwise, I'd have no place to cry if I were still holding on now.

The strategy of shorting WTI at highs is definitely correct, but one must pay attention to the funding rate. To save costs, it's best to short through a broker, which has the lowest costs, but leveraging is very difficult; if it's just a one-time short, the best choice is still to go through a broker.

However, if leverage is needed, trading platforms are indeed more convenient.


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