For those moaning about petrol prices - how to profit from rising oil prices
08 June 2004 | 01:22 PM
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Joined: Jun 2004
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Last edited by TheManOnTheStreet; 18 June 2004 at 02:37 AM .
08 June 2004 | 01:26 PM
Joined: Aug 2000
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From: God's promised land
Whoooaahhhh
And are you personally underwriting all stop-loss orders?!
08 June 2004 | 01:28 PM
Joined: Aug 2000
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From: God's promised land
LOL, "Sorry sir, you owe us £1,000 margin, but don't worry, petrol's 2p a litre cheaper!"
Must write that one down in my hedging strategy notebook!!
08 June 2004 | 06:12 PM
Joined: Apr 2004
Posts: 1,500
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From: New Jack City
Quote:
Originally Posted by TheManOnTheStreet
Someone at IG had a stop of £27k, and is now £400k in profit in oil futures
But how much has he lost on other trades?
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