First oil trade ever

2020年4月17日

Hello friends,

I will be raising hundreds of thousands of dollars to long oil. Thought process is simple. You invest 20% of the portfolio. We return to pre corona prices, that means you gain 3x on your 20% putting your portfolio up 40%.

Seems a certainty that some day that trade pays off and your downside is capped to -20%.

Easy.

Shkreli

2020年4月20日

註釋

this is actually a pretty half baked idea. I did not research this particular asset, was just expressing the sentiment that oil should go back up spot some time in the future once corona subsides.

The problem with trading something like USO for example is that the contango issue is going to give you unfortunate roll yield.

2020年4月20日

註釋

sadly i might not be raising hundreds of thousands anymore as this trade is far harder to make happen than this post suggests. This post should be totally ingored.