Anyone have any idea how to trade weather as close to "spot" trading (like FX, metals, cryptos, oil...) as possible?
I started with the weather prediction before moving to FX. To me they are somewhat similar... Just had problem "trading" (making money) the weather back then... don't know if that have changed much, at least for "spot trading". It was rather complicated since they did not allow to make "bets".. It was more for insurance purposes for real business that needed insurance/hedge, if I remember correctly.. So i dropped the idea.. and not long after, went to FX...
Also please check related posts of mine:
I started with the weather prediction before moving to FX. To me they are somewhat similar... Just had problem "trading" (making money) the weather back then... don't know if that have changed much, at least for "spot trading". It was rather complicated since they did not allow to make "bets".. It was more for insurance purposes for real business that needed insurance/hedge, if I remember correctly.. So i dropped the idea.. and not long after, went to FX...
Also please check related posts of mine:
- https://www.energyexch.com/showthrea...8#post12481258
- https://www.energyexch.com/showthrea...7#post12468297
So would really appreciate to links to some website where one could trade (bet - they try to avoid this word/activities as much as possible, it seems) weather.
I found them before but there were some complications back then... But as far as I know there is no SPOT trading for weather directly, right?
Yeah, we can trade weather indirectly by all sorts of way since like 20%? of (USA) economy is based on Weather? But I am interested in some more direct way...
Like trading/betting/hedging on the rain/sun etc... change.. vs prediction...
BONUS: And even like... prediction path of Hurricanes even... or its effect....
Can you afford to take that chance?