How to trade oil?

Hi everyone,

I’m a little frustrated trying to trade oil. I have tried a lot of stuff from technicals to fundamentals and still without much success. Does anyone know of a good resource where I can find the fundamentals explained in an easy to understand way and also with some technical levels?

Thanks

I am not into oil, but why don’t you try fx instead? In my opinion the price of oil is, for the greater part, directed by OPEC. FX is less dependent.

You need to be 100% aware of the global fundamental issues that are generating volatility in oil. If you’re saying you haven’t had much success as of late, in terms of simply applying fundamentals, then I’d suggest you sit on the sidelines until you’ve educated yourself further.