Hi can i buy crude oil futures with one broker and sell it off with another one…
I mean i feel crude oil price may increase and i buy a lot of that buy after moving for some points lets say 100 points i feel prices may come down so now i would like to sell it off…
But i don’t to close my already bought position instead i just trail my target a little upward and sell a lot of crude oil on another broker platform…
What happens if i do that
No harm in doing the same as long as in both the trades you choose net settlement and have enough margin. You might end up booking loss from one and a gain from one. The net result is what you need to be focused on.
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