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What knowledge do novices need to learn when frying crude oil?
1, crude oil knowledge reserve.

To fry crude oil, we must first understand what is affecting the oil price and what factors have caused the fluctuation of the oil price. To fry crude oil in China, we need to know the news of domestic and foreign financial markets. For how it affects oil prices, the basic terms and trading rules of frying crude oil need to be understood clearly.

2. Selection of crude oil varieties.

Crude oil investment is mainly divided into real oil transaction for physical delivery and crude oil voucher transaction for non-physical delivery. The voucher trading of crude oil is commonly known as "paper crude oil", and its trading form is similar to financial instruments with virtual value such as stocks and futures. Oil speculators must explain the trading time, trading method and trading details.

3. Clarify the purpose of crude oil investment.

Clarify the purpose of personal speculation in crude oil. Is the purpose of your investment in crude oil to earn the difference in a short time? Or as a low-risk part of personal comprehensive financial management, is it intended to hedge risks and preserve and increase value for a long time? For most non-professional investors, the short-term profit difference is the main factor, so it is more suitable to fry crude oil from the perspective of short-term and mid-line.

These are the basic requirements for frying crude oil. Fried crude oil needs more knowledge and preparation. Everything is established in advance, and it is abolished. If you are fully prepared, you can trade better and win profits.