What is an Oil Trading System?
If you want to trade oil it is important to have an oil trading system. Oil is a commodity. It gets much attention in the news because of its movement. When oil moves people take notice. The reason is because everyone is affected. Oil has an impact on everything we buy.When people trade oil sometimes people do in a state of panic . A news report may send the oil market rocketing up or down. That is the reason it is important if you trade oil to use an oil trading system.
In short it is a systematic way to trade the oil market. Many times in life we do things by following our gut. In trading and especially with oil you need a trading system. Trading oil without a system is like swimming in shark infested waters.