T
TheGreatBear
Guest
http://www.iht.com/articles/2008/05/23/opinion/edpfaff.php
This is so frigging funny. This is supposed to be a popular article on a large news website, I daresay thousands if not more have read it.
"As a general rule, the margin required to buy an oil futures contract is 10 percent. Pledge $10,000 and buy $100,000 worth of oil. Or why be a piker? Put up $100,000 and buy a million-dollar contract. The price goes up one dollar five minutes later and you've made a million"
This is so frigging funny. This is supposed to be a popular article on a large news website, I daresay thousands if not more have read it.
"As a general rule, the margin required to buy an oil futures contract is 10 percent. Pledge $10,000 and buy $100,000 worth of oil. Or why be a piker? Put up $100,000 and buy a million-dollar contract. The price goes up one dollar five minutes later and you've made a million"
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