I have no idea why Buffet is buying oil where as Fed isn't Backing Off from their agenda! If recession is on the green light zone, everything would tend to fall apart.
Occidental Petroleum: Warren Buffett Buys Again, So Should You?
If oil is bearish, the whole market is going to crash soon. But I am still in huge dilemma those big companies are still sitting with big piles of money. Anytime they could sbb.
Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst
How to avoid from losing big money and preserve your capital.
First of all, start your trading with high volume, high volatility, and a large market capitalization stock. There are several reasons to validate this: a) You will be able to see good price action. b) There will be less manipulation in the market. c) You will be able to preserve your capital easily by selling quickly d) You will be able to access resources or news easily across the internet. Here is my basic advice to avoid losing significant amounts of money in trading: a) When making a price entry, always have support and resistance levels. If you are unsure about the levels, do not try to trade. Support is the price level at which buyers are heavily waiting or holding the stock. Resistance is the ceiling price that the stock is unlikely to surpass. b) Trend: The trend is always