When Should I sell my OIL ETF

Discussion in 'Commodity Futures' started by john7722, Mar 1, 2022.

  1. smallfil

    smallfil

    As long as Joe Biden's war on US oil companies continues, there is no incentive to increase oil production. If they actually, follow thru and take Russia's share of the production of the world's oil supply off, that 10-14 % share, oil will remain sky high. China and Russia signed a trade deal wherein Russia will supply China with oil. The Saudis too love high oil prices. I doubt they will increase production. Why would they cut their profits, when the going is so good for them?
     
    #11     Mar 1, 2022
    ET180 likes this.
  2. Kammo

    Kammo

    Bernard Baruch is reported to have said that he made all his money by selling too soon.
     
    #12     Mar 5, 2022
  3. She's going up like a rocket-ship...

    Screen Shot 2022-03-06 at 11.25.24 PM.png

    And I have no clue what the fuck is going to even happen tomorrow, but I plan to have some fun with equities after market-open.
     
    #13     Mar 6, 2022
  4. Overnight

    Overnight

    You have to answer that question yourself. Do you want to book profits now, or be greedy, wait for it to jump higher to book more profits, or risk a rapid collapse back below you entry point and possibly risk destroying your account. People like you annoy me to no end. "Holy fuck, I am in huge profit! Should I keep holding on for MORE profit, or wait for it to all go away and have me lose my account?!?!"

    Moron. Book your profits now, or you are a fool, and are a faker who trades nothing but sim, and is wasting everyone's time.

    Your path seems clear.

     
    #14     Mar 6, 2022