AI responses may include mistakes. For financial advice, consult a professional. Learn more What Are Oil Futures and How Do You Trade Them? - IG
Unlike standard stock trading, oil futures require a dedicated account with a or an introducing broker. how do you buy oil futures
Once your account is funded and you've selected a contract month (most traders use the "front-month," which has the most liquidity), you can place your order. AI responses may include mistakes
: Represents 100 barrels (1/10th the size). This is ideal for beginners as it requires significantly less margin and capital. 3. Place and Manage Your Trade " which has the most liquidity)
: Always use a Stop-Loss order to automatically close your position if the price moves against you.