Lessons Learned from a Drunk Commodity Trader
October 02, 2012 at 15:00 PM EDT
Do you remember that day back in June of 2009 when crude oil randomly spiked by $1.50? Chances are that you probably don’t, but don’t feel too bad, the trader responsible for the movement has no recollection either. There are many things that one should refrain from doing while under the influence of alcohol, and we can now add commodity trading to the list. Yes, if you can believe it or not, a trader got so drunk three years ago, that he executed a massive position and had absolutely no memory of doing so upon awakening [for more commodity news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: How To Profit From The Gasoline Rally Profit From Backwardation: Corn, Crude Oil, Soybeans How to Trade Crude Oil Futures Four Little Known Factors Driving the Price of Crude Oil 10 Crude Oil Traders Worth Following on Twitter
