Trade futures with etrade

Trade futures with etrade

Posted: shkon Date of post: 30.05.2017

How do I invest in comodities So I looked into this last time oil prices were this low, but found nothing on Google except some decidely ropey looking webpages.

I mean directly invest in oil commodities, not by shares in oil companies. I'm looking for easy, secure, Etrade-like commodities investing site, for the amatuer investor like myself.

trade futures with etrade

Does such a thing exist? You have to have an account with a commodities broker. They're pretty much like a stock broker except they trade commodities instead of stocks.

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Here's an interesting series of articles on finding a commodities broker http: The futures market is more volatile than my ex-girlfriend on her period.

ETrade has futures trading. According to their website, opening an ETrade futures account will allow you to trade in crude oil futures on the NYMEX. Echoing friedo's warning, futures trading is very risky.

You can also gain exposure to commodity markets via various funds. This may be the best route for many investors, rather than attempting to trade actual commodity futures. There's always the etf's - tickers are OIL and USO.

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They trade more or less like stocks and you can do it right from your etrade-like brokerage account. Do some research before buying tho. This is not a stock tip.

You can also look to invest in ETFs Exchange Traded Funds. They can be bought and sold like stock but represent an underlying commodity like oil. Try typing USO into a stock symbol lookup webpage. Maybe cruise this board for some ideas.

I'm sure there are others as well Energy Futures http: You should invest in pumpkins! They've been going up all of October. I figure they'll peak sometime in January, then Bang! That's when you cash in. You'll be better off trading commodity ETFs rather then commodity futures. ETFs trade just like stocks and are less risky. I traded for about 8 months. I went through a company called Vision LP. It's not for the faint at heart.

There are tremendous profits to be made. So that means there are also great losses. I paper traded for about a year before getting into it. Thought I had a plan. Understand that you can lose more than you invest. Or a change in price can have you losing thousands that you don't have in your account. By the end of the day your expected to pony that up. It's addicting, and can keep you up at night.

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