The Oil Traders' Word(s)

[woenzel]

New book explaining oil Trading Jargon :smart:
Www.woenzel.com

 

[Soloquan]

Good God when I first saw this title I thought OilDayTrader had come back from the death

 

[woenzel]

Well, I am not a Day trader and not a pure paper trader. I trade(d) Physical cargoes. My paper activity is related to hedging. My book is related to Oil activity and logistics. It includes paper trading activity as well. Today I originate oil cargo business for Statoil from the CIS countries. A day trader can be specialised in Oil derivatives but to me that person would still be a paper trader, not an oil trader. Therefore my book is related to real oil traders moving the molecules. Regards www.woenzel.com