In this video, I want to introduce you to the alternatives available to trading options. Let’s take the crude oil ETF, United States Oil Fund (USO), for example. What signals identify the setup?…
Why is trading the USO a more cost-effective way?
The ETF alternatives to commodity futures contracts are really popular even among future traders. That’s because, as you’ll learn, certain ETFs come in handy. In the case of crude oil, many traders feel uncomfortable taking this commodity futures contract overnight for a number of reasons.
So, traders can take the USO ETF trade instead of the crude oil futures.
When it comes to day trading however, you have the choice to do both USO or crude oil futures.
If you want to learn more day trading skills, I have some live day trading sessions coming up on July 7, 9, and 12 from 9:20 a.m. – 11:20 a.m. Eastern. Make sure you join me for a rare chance to catch my trades in real-time. Call the office to sign up at (512) 266-8659.