How do you speculate on oil?
It’s generally been obvious for a long time, but maybe some of you haven’t figured it out yet, so this might be helpful
What’s the gist of it? When the Strait of Hormuz is open, oil prices fall because there’s no need to pay tolls, transit times are shorter, and so on. When the strait is closed, oil prices rise - you get the idea. You can make money here just by following the news about the strait opening or closing. Whenever there’s some commotion, you simply go long or short on oil depending on what someone did or said
Yesterday, for example, Trump posted that they are now the “guardians of the strait,” and to ensure proper “storage,” they’ll be imposing a 20% tax on all cargo. I’m shocked, of course, but whatever. Oil prices skyrocketed - it’s that simple
That’s how it is, gentlemen speculators - take advantage of it
Global tensions cause more money to flow into "safe assets" like gold and silver first.
Then they find out those are not as stable as they thought.
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Deep dive warm-up on Polymarket
Yo, what’s good, grinders. With this post we’re officially launching a new direction: prediction market fuckery.
Congratulations to everyone involved. Cheers to degeneracy
First things first: what the hell is Polymarket and how does it work?
5. Trading on the news
Now your home is Twitter.
Follow the FOMC, headlines about conflicts, earnings reports, etc.
There is always a delay between the appearance of a tweet and the adjustment of prices on Polymarket.
If you are quick, this delay is your advantage.