Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Oil shares long term & short term strategy

By Gary Newman

4 April 2015 13:46

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Oil companies are a favourite with private investors, but in recent times it has been hard to actually make a profit from them, unless you’ve been shorting. The market is now very different to how it was back in 2010, when throughout the oil sector we saw some crazy rises, especially amongst some of the smaller explorers.

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Comments

wildrides

4 April 2015, 15:22

Great advice Gary . I find it hard to maintain motivation to follow an individual share price unless I have a small holding in that actual share . I then double or treble up this holding from my base line holding according to the point that the share has reached in its “swing cycle” . Like you I find this works very well and keeps my monitoring levels highly motivated, which in turn improves results on short term trades .
Daniel Victor

5 April 2015, 04:19

One cloud over FOGL is the fuss that Argentina is kicking up over British oil production off the Falklands.
J P Spaghetti

5 April 2015, 05:12

Daniel – yeah, I thought it was FOGL along with another two. Planning to sue in the international court, I believe. Can’t see it coming to much myself.

Actually, I’ve just had an image of dispatching Clarkson to mediate – guess he may well have a fair bit of time on his hands…