Loading...
I don't believe anyone anymore when they talk about how the U.S. and Iran negotiations are going. I just watch oil prices. As long as WTI oil prices don't drop, everything else is just noise. Oil prices are the most important barometer of U.S.-Iran relations right now. I've been shorting WTI for quite a while. Thankfully, Binance adjusted the funding rates, and luckily, I settled once earlier. Otherwise, if I had held on until now, I'd have nowhere to cry. The strategy of shorting WTI at highs is definitely correct, but you must pay attention to funding rates. To save costs, you can short through brokers, which is the cheapest option, but it's hard to leverage. If you're only shorting 1x, brokers are still the best choice. But if you want leverage, exchanges are indeed more convenient.
