The full name of TI is West Texas Intermediate (WTI), and the Chinese translation is West Texas Intermediate crude oil. As we all know, Texas is an oil-producing state in the United States. The New York Mercantile Exchange's crude oil futures contract is based on samples of commodities produced by refineries in West Texas. As the United States is the largest oil consumer, the spot contract of West Texas Intermediate crude oil (WTI) in the United States is regarded by many investors as the benchmark price to measure the price change of crude oil in the international energy market. Many articles in the news media reporting the economy also cite WTI as the representative price, which affects the international crude oil price and crude oil in other markets, such as Brent crude oil in the North Sea. Dubai crude oil and OPEC reference basket. Brent crude oil, also known as Brent crude oil in the North Sea, is a kind of light crude oil, and Brent crude oil comes from the British North Sea. Brent crude oil in North Sea can be divided into Brent crude oil in North Sea, Brent crude oil in London North Sea and Brent crude oil according to signs. The price of Brent crude oil in the North Sea plays an important role in the world international crude oil trade. The origin of Brent crude oil The name "Brent" does not refer to the origin of oil, but comes from oil policy. Global oil producers Shell UK, ExxonMobil and Shell mainly produce oil from Europe, Africa and the Middle East, and Brent crude oil price is a benchmark oil price. Russian oil price mainly refers to Brent oil price.

Spot crude oil investment is a new type of investment with a good trend. Now in the period of low price, the crude oil investment market has ushered in a large-scale bargain-hunting frenzy, and investment opportunities must be seized. Give some advice to novice individuals:

1, be familiar with the operation, which is the first step, including how to place orders, close positions, stop loss and take profit settings, and various functions of the operating system. Only when the tools are mastered can the foundation of profit be made, and newcomers are prone to make mistakes in busy work; There are many professional words, but you can learn what you don't understand? : (930 158 194) for details)

2. Learn basic terms. Some basic trading terms should be understood, and they must be understood when communicating with others, which also helps to master the basic knowledge;

3. Don't operate blindly. I don't know anything in the early stage. If I am lucky enough to earn a few times, I will be blind and confident and take it lightly. Never make such a mistake. The best way is to find someone who knows and has good skills to teach you and learn from others.

4. Learn more. It is very important that people who can afford it can buy some books to read. It means that it is necessary if you want to do better.

You must learn to stop loss. This is how many novices lose money. I lost money at first, too. Sometimes it seems that the market is tepid. It doesn't matter if you don't stop loss. It will be too late when the market breaks out. This is a bad habit, remember!