Today, many friends left messages saying that fuel prices are still rising, wondering whether to cut losses on short positions. My own opinion has always been consistent: at least wait until the margin reaches 100 dollars, and then based on one's own capital level, see if one can continue to short at high prices, or protect their positions. At least that's what I'm doing, the main reason for the rise in oil prices is the conflict between the United States and Iran, which everyone knows.

But the core of the conflict is the Strait of Hormuz, and a blockade of the Strait of Hormuz would lead to a rise in global inflation, not just in the United States, but globally, including China. Historically, there have been periods of high oil prices, but they never lasted long, and from any angle, blocking the Hormuz Strait is opposing the entire world.

The market has experienced the blockade of Hormuz for three months now, and I believe that international tolerance for Iran is also very limited. The possibility of oil prices staying high for a long time is too low; rather, a return to normal basic positions for oil prices is the norm. Thus, the most important thing about shorting WTI and Brent is to have enough margin and enough patience.

Currently, my account is also at a floating loss, but I have placed the margin above 100 dollars to avoid liquidation due to unexpected events. Moreover, as the war continues to escalate, I will keep increasing the margin, up to around 120 dollars.

bitcoin:native's performance in the last two days has been really good, just don’t know how long it can last.

@Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFD, and predictive markets one-stop trading

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。