NWE 0.00% 5.6¢ norwest energy nl

shes going to blow scotty :), page-16

  1. 261 Posts.
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    Hi d_crome,

    talking about oil;

    last year I got a call from a futures trader. I had opened up a futures account to invest in oil. He wanted a decision to invest 30k into oil futures entry $36 a barrel.

    Didn't do it, because I was not totally familiar with futures. Two and a half weeks later oil was at $72 a barrel. Only a couple of pips would have doubled my investment let alone $72 a barrel!!

    I even knew that that would happen but still didn't buy in. I specialise in missing these opportunities. I must be a masochist to do all this...
 
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