limey16
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I like incrediblefx on the other thread for Long term oil investment am considering going long on Oil for 1/2 years.
Will probarbly do this through an SB company - they only offer the front end months, current one is Feb contract, I actually have enough in my account @ £1 to let it breathe all the way down to $0 dollars - which I expect will never happen, though $30 a barrell or $20 could happen
My question is I will have to obviously rollover the contracts, can anyone see any problems in this ? Obviously the new contract price may be different to the one thats expiring, just wondering if anyone can envisage something else I need to account for ?
Any opinions and ideas welcome,
Cheers
Jon
Will probarbly do this through an SB company - they only offer the front end months, current one is Feb contract, I actually have enough in my account @ £1 to let it breathe all the way down to $0 dollars - which I expect will never happen, though $30 a barrell or $20 could happen
My question is I will have to obviously rollover the contracts, can anyone see any problems in this ? Obviously the new contract price may be different to the one thats expiring, just wondering if anyone can envisage something else I need to account for ?
Any opinions and ideas welcome,
Cheers
Jon