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Daily thoughts, 07/05/2020 Reducing oil position and liability with options by kevinbacon

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· @kevinbacon ·
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Daily thoughts, 07/05/2020 Reducing oil position and liability with options
https://youtu.be/IxiOhQb_meg

This is my daily thoughts on what I am and am not trading and why.  I find it really good to focus my thoughts. And hopefully I'll get some great feedback and generate some discussion

## Advertisement

My favorite site for trading is Bitmex, as the future contracts allow for lots of arbitrage opportunities and the leverage lets me leave most of my stash safe in cold storage.  If you don't already use it and would like to sign up, here is a [referral link](https://www.bitmex.com/register/wjyGH2) that will get you 10% off fees and rewards me with 10% of the fees you pay, we both win.

Similarly my favorite site for trading options is Deribit, Here is a [referral link](https://www.deribit.com/reg-10009.1179) for that.

A few of the exchange sites I also use are binance, bittrex and hitbtc, I find them about as good as the other exchanges to be honest but these have referral links so I figure I'd shill for them.

[Bitmex](https://www.bitmex.com/register/wjyGH2)

[Deribit](https://www.deribit.com/reg-10009.1179)

[binance link](https://www.binance.com/en/register?ref=SN0EVUEW)

[hitbtc link](https://hitbtc.com/?ref_id=5a5614d9ca2ba)

[bittrex link](https://bittrex.com/Account/Register?referralCode=WT0-42Q-0GM)

[bitfinex link](https://www.bitfinex.com/?refcode=hHGnz8Oq-)

## More posts

If you like this post follow for more, this account will be dedicated to posting about trading cryptocurrencies and maybe a bit of general stock markets. 

If that sounds good please consider up voting, following or reblogging.  If you are feeling particularly wild you could do all 3.

## Disclaimer

Please do not invest on the advice of a stranger on the internet, only use this advice here as a starting point for your own research, and then if you choose to invest please only invest an amount that you can afford to lose.

![dont-know-25547_960_720.png](https://steemitimages.com/DQmeFGZRGdBKh341vRR1q3d7TpABTHLCskXnyko899K5CaS/dont-know-25547_960_720.png)
Made with [this pic](https://pixabay.com/en/don-t-know-give-up-clueless-figure-25547/) as a template
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