Icon for Online money making
·

The conflict in Ukraine is providing multiple opportunities right now to profit from rising commodity prices.

The Russian invasion of Ukraine is terrible, I won’t pretend it isn’t, politics aside, the suffering of humans is awful to watch, however most people are powerless to do anything about it.

But this conflict does provide some excellent opportunities to make money trading - and I’ll show you how without risking a penny of your own money.

You might have heard of other trading Apps like Robinhood and eToro, but these Apps mostly trade shares in companies.

The App I’m going to tell you about mainly lets you trade in commodities like Oil, Gas, Gold, Silver and other metal like Nickle and Copper - all things which go up in value when a global crisis, like a conflict happens, especially one involving a major Oil and Gas producing country like Russia!

The price of a Barrel of oil was just $75 a month ago, today it is around $113! And as the conflict intensifies it will only keep rising. Forbes predicts Oil could peek at $165 a Barrel!

You can also trade ‘Indices’ which are the biggest stocks of each country grouped together which can be traded, in the UK we have the FTSE 100, in France it’s the CAC 40, in Germany it’s the DAX, in the USA they have a few, the S&P500, the Dow Jones 30, and the NASDAQ-100.

The prospect of war is bad news for the markets (especially European and American) and they have all been falling in value, but this isn’t bad for traders, because you can place a trade that they will fall (called shorting) in value, and if you're right, you make a profit!

The German DAX was around 16,000 points on January 12th, today it has fallen to 13,870 today!

In times of uncertainty people also buy Gold, partly because it’s psychological, partly because it’s a physical assess people can hold on to if there is run on the bank or hyper inflation, sanctions and because the value of their currency often falls during a conflict. An ounce of Gold was $1800 at the end of January, today it $1925!

The App also lets you trade Cryptocurrencies like Bitcoin, Ethereum, Litecoin and a few others, personally, I’m not a fan of trading Cryptocurrencies because they are hard to predict as they have no real value and aren’t based on supply and demand like Oil and Gas. Countries are either trying to ban them or use them alongside their own currencies, or Elon Musk can wake up one day and Tweet about Bitcoin and make the value shoot up or down $10,000. There was a rumour that Vladimir Putin would start using Bitcoin if the international community imposed sanctions on Russia, so it shot up in value, but when these claims were unsupported it lost a lot of value again very quickly.

You can also trade a limited number of shares on the App, but as none of the are companies are directly connected/involved in the conflict (no military contractors or weapons suppliers) I don’t expect there to be many opportunities there to make a profit. However, some companies such as Microsoft have announced they are going to suspend new sales to Russia which affected their share price on the day ( a fall of around 1.8%).

The name of the App is called ‘Xtrend Speed’ and it allows you to make ‘micro trades’, sometimes as little as $2 (on FOREX - trading one currency against another, this was good trading the US dollar against the Russia Rouble but I think they ceased trading because the Rouble was loosing so much value) and I have been using it for around 18 months, it is very trustworthy and reputable with over 1 million downloads on the Google Play Store and a 4.4/5 Rating and a 4.1/5 Rating on the Apple Apps Store.

One of the many things I like about the App is how simple it is to open a BUY trade (if you think the price will go up) or SELL trade (if you think the price will go down).

In the picture below the screen on the left is USOIL - I think it will continue to go up in price so I just press the green BUY button and then you are presented with the screen on the right when you can select the ‘Type’ - either $10, $40, $100, $500 or $1000 and the ‘Quantity’ - in this example I just chose to BUY 1 $10 Lot.

You also have two other options ‘Stop Loss’ & ‘Take Profit’ - if the value of what you are trading starts falling you can set the ‘Stop Loss’ at the amount you are prepared to lose and the trade will automatically close. Equally with the Take Profit’ you can set an amount when the trade will automatically close when it reaches a certain profit.

But you should be careful not to set your ‘Stop Loss’ to high as the price will fluctuate and you might get closed out too quickly when the price will eventually rise after a few hours or days.

Once you are happy then press the Green Open button. And that's it - you have just made your first stock market trade!

Before you download the App you will need to visit this link Xtrend.trade to register with an email address or phone number and create a password and this is where you get your FREE $100 Credit!

Then Download the Xtrend Speed App from the Google Play Store or the Apple Apps Store and login with the details you created your account to get your free credit.

Now you are all ready to start trading! Exciting eh?

But I would recommend just getting familiar with the App first and seeing how the prices go up and down during the day before actually opening a real trade.

The stock markets only trade Monday to Friday (except Cryptocurrencies which I think trade all weekend and only close for an hour or so a day).

There are three trading sessions a day during the week, Asia, Europe and America. To be honest, I would avoid the Asian trading period because it is affected by events that you might not hear about and it happens in the middle of the night.

As we are mainly trading on events happening in Europe involving Russia you should focus on the London Stock Exchange (Opens 8:00GMT/3:00AM New York Time) and Wall Street Trading (Opens 9:30AM New York Time).

If you are in the USA you might not want to wake up at 3am to trade on the London market, but if you wake up around 9am you can see how it performed and get a feel for the general ‘mood’ of the market which should prepare you for the US session.

I do find with all three sessions, even though they last for about 8 hours in total, most of the ‘rapid’ active trading happens in the first few hours and then is pretty flat for the rest of the day, unless something major happens during the day. And I usually wait for 10–15 minutes after the session opens before I open a trade to see which way what you’re trading is actually going.

So in Summery:

  • First Register Here to Get Your $100 Free Credit
  • Then Download the App for Iphone or Android
  • Just focus on commodities affected by the Russia/Ukraine conflict - Oil, Gas (Natural Gas), Gold, Silver and Indices of countries getting involved - FTSE 100 (UK), CAC 40 (France), DAX (Germany), and the S&P500, Dow Jones 30, and the NASDAQ-100 (USA)
  • FOREX USD/Rouble or Euro/Rouble if they open trading again.


    Wishing you all successful and profitable trades and if you have any questions please feel free to ask them below in the comments.

Oil up 10% on the open! With leveraged trading a $10 investment would now result in a $100 profit!

Thanks for sharing 😊

The reviews of the app are not reassuring

It has a 4.4/5 rating over 36k reviews so some bad reviews are expected, most seem to be from people who haven't read all the terms and conditions or realise that you can lose as well as make money when trading, or that you need to provide ID to withdraw funds. I have successfully made withdrawals, y…
Profile photo for Chris
Technology, Biology, Trading and Gardening Enthusiast
Amateur Trader at Self-Employment2010–present
BSc in Biological Anthropology, University of KentGraduated 2020
Lives in Canterbury, Kent2016–present
6.5K content views429 this month
Active in 4 Spaces
Joined May 2013
About · Careers · Privacy · Terms · Contact · Languages · Your Ad Choices · Press ·
© Quora, Inc. 2022