Crude oil investment has become more and more popular with investors. As a crude oil novice, how to make money from crude oil is a question that needs to be explored, because crude oil investment is a relatively complicated thing, which involves platform selection, position management, news analysis, technical analysis, fundamental analysis, arbitrage, etc. knowledge of all aspects. A novice in crude oil investment will understand how to do crude oil only if they have mastered these knowledge points. On the road of exploring how to make crude oil, investors need to know what factors will affect the operation of crude oil? I was going to talk about it specifically.
How to make crude oil? Investors need to pay attention to the following points?
1. How to choose a platform for crude oil
A formal crude oil trading platform is an important prerequisite for ensuring the safety of crude oil investors’ funds. Investors can compare from: regulatory agencies, capital security, deposit and withdrawal, trading software, trading environment, platform services, etc. When investors choose, they can verify from multiple dimensions and choose their favorite platform. For example, the Doo Prime capital platform is regulated by many countries, and the funds are managed by banks, and the transaction cost is extremely low. It is a high-quality formal crude oil trading platform. Only by choosing a formal trading platform, the transaction will be guaranteed.
2. How to manage crude oil positions
In the process of crude oil investment, there are many methods of risk control, such as take profit, stop loss, position management and so on. Then bear the brunt of the position management. Position management is a double-edged sword. If it is well controlled, it will enable traders to do well in oil speculation, and they can attack and retreat. If they are not well controlled, traders may suffer huge losses.
3. How to analyze crude oil news
The news that mainly affects the trend of crude oil includes the monthly OPEC report, the US non-farm payrolls data report and the EIA inventory data report. OPEC’s monthly report is released at 6:00 p.m. to 8:00 p.m. Beijing time, which has a relatively large impact on the medium-term trend of oil prices. Generally speaking, on the day after the release of OPEC’s monthly report, the average amplitude of oil prices is large, and the market is very sensitive to news. During the monthly report period, there will generally not be a large fluctuation in the market on the day. Investors can follow the news in the meeting to take advantage of the trend, and stop losses can be good and gain good returns.
4. How to do technical analysis of crude oil
Crude oil technical analysis, also known as crude oil technical analysis, is to judge the ups and downs of the market by analyzing the current market trend, shape, K line, golden section line, etc., and with the help of indicators, what investors have to do is to analyze the trend, Do a good job of corresponding strategies, and do not predict the market. The market analysis of the specific crude oil market may need to analyze both fundamentals and technical aspects. Fundamentals At present, the mainstream analysis method in the market is to analyze the relationship between supply and demand. The news that is often concerned is the news of OPEC members and the changes in the news of crude oil reserves of various countries. The technical analysis is the same as other investment products. The analysis of the K-line and the combination pattern is to judge the trend of the market.
5. How to do fundamental analysis of crude oil
There are many fundamental analysis factors affecting oil prices, one of which is the US dollar index. Generally speaking, the US dollar index is a leading indicator of crude oil prices, and the correlation between the two is very high, that is to say, a rise in the US dollar means that crude oil has a high probability of falling. Similarly, the euro index and crude oil are mostly positive. If the US dollar and crude oil move in the same direction, and the deviation is too severe, and there is no news support, there will be arbitrageurs who are long US dollars and short crude oil to make profits.
What factors will affect the production of crude oil?
1. US dollar index
The economic policies of the United States will significantly affect the price of crude oil. For example, the United States intends to control the world through the peg system between the US dollar and crude oil. Today, the vast majority of crude oil prices are priced in US dollars. Therefore, all policies that can affect the dollar will indirectly affect the price of crude oil. Generally speaking, when the US dollar appreciates, the price of crude oil falls, and when the US dollar depreciates, the price of crude oil rises. The two show a certain degree of negative correlation, and gold and crude oil show a certain degree of positive correlation. However, this correlation is much less relevant today than it was in the last century. The economic policies of other important countries also affect the price of crude oil to a certain extent. For example, the crude oil futures of Shanghai International Energy Center are delivered in RMB, and the important economic policies of China will also affect the price of crude oil to a certain extent.
2. Crude oil supply and demand;
3. Geopolitics and war;
4. Changes in crude oil inventories;
5. Intervention of important organizations;
6. The short-term flow of funds in the international capital market;
7. Development of new energy sources to replace crude oil.
The above is the whole content of “How to do crude oil? What factors will affect crude oil?” I believe that everyone has a basic understanding of how to do crude oil. It is recommended that novice investors continue to study technical analysis, because crude oil trading is a long-term process. , not overnight, so don’t be too hasty. Even if you lose money now, there is nothing to fear. As long as you make the right choice next time and grasp the timing of your order, you can continue to make a profit.
