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So You Want To Be An Oil Trader
Yes, you too can become a Crude Oil futures trader (and it will only cost you $4,200)!
from CraigsList
Crude Oil Futures Trader
compensation: OPPORTUNITY TO TRADE A LIVE 50K ACCOUNT AFTER TRAINING
We train novice and experienced traders with our unique approach to making a living trading crude oil futures.
What we require of you:
Must own a computer with a Cable internet connection.
Basic computer knowledge.
Dedicate a minimum of 3 hours a day 3 to 5 days a week.
Register with our simulated trader training program with $4,200
Must be able to follow instructions and execute trades.
Must be able to train from 8:00 to 10:00 AM CST
Discipline and the ability to follow directions
What we provide:
You get to watch us train and trade live before joining.
Two week simulated trading platform to train.
Two month simulated trading platform to qualify.
As long as you follow our guidelines you will qualify.
Upon qualifying you will be given a fully funded live trading account.
Live trading accounts starts at 50K with a 40/60 split with losses and gains shared.
Your 60% split can increase to 80%
Accounts can be increased to 150K with successful trading.
Please read this listing carefully and follow all instructions exactly.
Respond to show contact info with:
"TRADING $4,200" in the subject line
Your name, phone number, time zone and the best time to call in the email.
A Trading Scout will contact you.
h/t Geno
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I'm amazed at how many oil commentators and analysts there are out there now.
Where were they calling for a 50% drop since the summer?
Did a single person get that call right?
Unfortunately, the price of oil can be manipulated just like gold has for these past many years.
But, whereas gold is only a small sector of the market...
And TPTB can get away with the manipulation...
Oil is an 800-lb gorilla...
And their current manipulation will very shortly resemble...
The fat boy trying to hold the beachball under the water at the pool.
No.
We want to be Bitcoin traders!
https://btc-e.com/
Peak oil! The only way the price can go is up!
/sarc
I saw this before - oh, wait, that was a movie -
https://www.youtube.com/watch?v=w4Pu_JuPILw
There was manipulation going on before the price dive too because of oversupply - except it was about artificially high prices. Now the manipulation is for low prices. The ongoing economic crash will further reduce oil demand and enable the manipulation to be sustained for considerable length of time. The manipulators are hoping it will last long enough to destroy the Russian economy and make Vladimir very unpopular. I don't expect prices to rise until that has happended, unless they lose control of the manipulation. Which might happen because oil is an 800 lbs gorilla as you say. My bet is on prolonged low prices though. Probably 2-4 years.
"Unfortunately, the price of oil can be manipulated just like gold has for these past many years."
bingo
Yes, many did. Some are up over 38% right now on their high-water marks. Many post on ZH too, just because it's fun.
(Not Andurand).
"Did a single person get that call right?"
It was a call that no one could get right until it became obvious that ICE Brent manipulation was going to be unwound... everyone knew what the result of that would be, they just didn't know when the regulatory trigger was going to be pulled... anyone who knew that little piece of info has made big bank over the past few months, I assure you...
The Fast Money crew on CNBC is the worst ..... they always "call the top"
Geno, if you send me 10k, I can teach you the secrets to master this art as you have never before and then for only 4k you can spread even more valuble knowledge.
I'll train you up for a single ounce of gold. Send me your gold and then we'll talk.
When T Boone Pickens said a few months ago brent would never go bellow $100 I knew it meant a crash in oil price was coming.
Didn't he make sausage? Oh wait...
Not sausage... suckers!
At least Jimmy Dean made sausage and could sing; stand up guy too.
T. Boone Pickens makes sausage, but from investors not pigs.
http://en.wikipedia.org/wiki/Jimmy_Dean
T Bone Pickens is always wrong
T Boone Pickens supported obama and bought the lie that under the bamster the coal industry would thrive.
Nuff said
So $4,200 down the drain to fund some other monkey's keyboard hammering and dart throwing? Amurika!
Some of the best paying ads on the internet are from currency and commodity trading sites.
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damn i can teach anyone how to successfully trade in two seconds flat for free. sell yen, buy spoos. you too can trade like the boj pros. class dismissed.
Just wait for another QE before entering...
Damm....they only have to get 2-3 suckers to sign up every month to make a decent living....why did'nt I think of that? I'm always in the the wrong business. :-(
Smells like my all time favorite financial fraud movie...
http://m.imdb.com/title/tt0181984/
Big up yourself. Great minds think alike (see my comment above).
You mean below... who the hell doesn't set their ZH to show newest comments frist?
A fool and his $4200 are soon parted.
My sister hasn't worked in 16 months. But, last week she made $64,788 trading oil contacts online!.....
Sounds like the fuckers offering the trading caugh *caugh* course are running a little low on liquidity. Be a sucessful trader working 3 hours a day 3-5 days a week. lol
Calling all simulated traders....
NOT ... "Then it's time to go down town
Where the agent men won't let you down
Sell your soul to the company
Who are waiting there to sell plastic ware" Byrds
Wait it wasnt house builders that got bailed out in 2008
It wasnt house owners or house users that got bailed out
It wasnt house builder's suppliers like refrigerator man. Roofing man. Lumber. Saw manufacturers excavating equipment makers
No who got bailed out people
It was only 7 years ago it was mortgage derivitive traders
It was MBS traders . And they got on the wrong side of a sure thing
The sure thing was housing and real estate was always going up. Why? Becausestupid they arent building more earth anymore space was limited.
And what was the sure thing with oil? Stupid. Oil is a fossil fuel and when we run out of fossils we run out of oil. Sure thing. Stupid. Peak oil.
Prices will rise forever
My question is who are we going to bail out this time.
A good place to look is not the oil producers or oil users
Look at the oil derivative traders that bet looong on oil prices going up.
.
.
.
Funny, no mention of any knowledge of the oil industry. They probably see that as a detriment to your chances of success.