Hi guys, l am looking to buy and hold, crude, for at least a year , l am with Hargreaves land down , so my selection of products seems to be mainly etfs, l like loil which is 3 time long leveraged oil futures, but basically lm little confused , as people are throwing words like contango effect and backwardation at me, I'm also aware of decay etc factors. So basically what is my Best Buy and hold product , preferably leveraged?
I can also move my money into a straight spot price cdf but tbh the margin would be tested if oil declines into the 15 area so spread betting feels to risky
I can also move my money into a straight spot price cdf but tbh the margin would be tested if oil declines into the 15 area so spread betting feels to risky
