Trading perpetual Crude Oil Continuous Contract

Discussion in 'Retail Brokers' started by DutchDave, Nov 16, 2022.

  1. DutchDave

    DutchDave

  2. ZBZB

    ZBZB

  3. DutchDave

    DutchDave

    Isn't it possible to trade a perpetual/continues contract?

    Is it only possible to trade the monthly expiries?
     
  4. maxinger

    maxinger

    All continuous contracts are not tradable.

    Go trade Dec 2022 contract, then roll over continuously / perpetually.
     
  5. If you absolutely insist on a 'continuous contract' you could try an ETF that is composed of futures that the fund managers actively roll for you. Of course, there's a fee embedded for this service...

    You'll have to look into the fine print, though. A quick look at USO, for example, shows it is composed of a wide variety of months and won't match a 'front month always rolled' continuous contract. https://www.uscfinvestments.com/holdings/uso

    EDIT: If I were you, I would just roll myself. Note that you don't have to trade each leg when it comes time to roll; you can buy (or sell if short) a calendar spread instead.
     
    Last edited: Nov 16, 2022
    MoreLeverage likes this.
  6. rb7

    rb7

    If you don't know what is a continuous contract, then I would suggest you to not start trading Futures.
    You should start learning the basics first.
    Or as Stat wrote, try one of the ETF.
     
    Overnight likes this.
  7. DutchDave

    DutchDave

    Thank you all for your replies. Is it possible to trade spot oil price through CFD's than?
     
  8. ZBZB

    ZBZB

    You have to pay interest overnight with Cfd.
     
  9. DutchDave

    DutchDave

    Yes, I understand therefore I am researching and exploring my options.
     
  10. maxinger

    maxinger

    Yes.
    But do note the bid offer spread will be horrible
     
    #10     Nov 16, 2022