A friend asked if it is possible to ALL IN short oil now?

I don't think now is the best time, after all, we haven't officially entered the peace talks yet, and there are still uncertain risks. The most we can do now is to set a base position; otherwise, the funding rates will become frighteningly high.

From my experience, WTI could drop to below 70 dollars, and Brent could drop to below 75 dollars, with 15 dollars of space left for both. If negotiations are announced, we can quickly increase positions in batches.

It's unlikely to come to a consensus all at once, and even if an agreement is reached, the decline in oil prices will be a relatively slow process.

I am back to the strategy of going short the higher it goes.

One @Gate, trading more markets

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[email protected]，本平台相关工作人员将会进行核查。