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What are the requirements for a novice to speculate in crude oil?

Understand the trading rules of spot crude oil: The spot trading mechanism is flexible, but the risks are also relatively high. Investors need to have a certain degree of understanding of the trading rules before entering the market to trade, and try to avoid improper understanding of the trading mechanism. Familiarity takes its toll.

2. Be familiar with the characteristics and analysis methods of the spot crude oil market: There are many factors that affect the price, some of which are different from the characteristics of stocks, funds, futures and other investment varieties. Therefore, investors are required to conduct market analysis before entering the market. Learn the trading characteristics and trend analysis methods of the spot investment market. Blindly following the trend of entering the market can often easily lead to huge losses.