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Thanks I have a Commsec and Westpac broker account and can add...

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jimk3758

21,671 Posts.

83

22/04/20

13:23

Post #: 44188576
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Originally posted by Rookie19901 ↑

Literally stay away from them. They're illegal in most countries for a reason. I've seen my positions move in the opposite direction to the market before and have been locked out of my account due to 'volatility' when I predicted an oil crash. If you had a short position on the options that went negative yesterday then your account would have been suspended. If you really want to trade oil you need a desk trading futures at a SE.

I trade in options through Commsec now. Returns are far higher in practice.

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Thanks I have a Commsec and Westpac broker account and can add options. If I want to short oil what do you suggest?

Tell me more about SE.

Last edited by jimk3758: 22/04/20
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