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Why can the Southern Crude Oil Fund only sell but not buy? Is this the case when the fund reaches a low level?

Southern crude oil is now only allowed to be sold but not bought, because there are already enough funds in the fund, and they do not have that much foreign exchange to buy. Therefore, it should be in a closed period now, and it is useless in the early stage.

Just wait for a while and it should gradually open up once the quota is available.

It started when the price of crude oil fell into negative territory last year. Many people who invest in crude oil want to buy the bottom when they see the price is extremely low. However, the data shows that nearly 60% of people lose money and cannot make money. Do you think

Can you make a profit by buying it now that the price is low?

How do you know when it's the lowest price?

Because last year, when the price dropped to half of the usual level, some people thought they could buy the bottom, but no one expected that it would fall to a negative value. Then many people lost money, and when it fell to a negative value, it gradually recovered.

Yes, it affects other funds, and the prices also fall, so many people rush into the crude oil buying market.

Because buying crude oil involves foreign exchange issues, the fund company may not have such high foreign exchange reserves. Without that much foreign exchange, how can you build a position? If you can’t build a position, it makes no sense to absorb funds, just like a new

After a fund absorbs funds, it usually has a position building period of 0 to 3 months. During this time, the positions it holds will gradually build up. But of course the position you buy in crude oil is related to crude oil, but it does not have that much foreign exchange.

, unable to buy new related stocks, so we can only wait.

This is not a problem that we can solve in the past two days. Many people have invested in this since last year. If the fund company itself has 2 billion in foreign exchange reserves.

But in fact, you may not have a quota, because now there are 3 billion funds in the capital market absorbing funds. It has no way to use foreign exchange to buy things. The amount of funds it can absorb is limited. Now

It almost reaches a full level, so you can only wait.