How do you trade Natural Gas?

Discussion in 'Commodity Futures' started by OctopodeClub, Oct 6, 2016.

  1. Trader13

    Trader13

    Bolling was reportedly one of the biggest NG traders in the pit. My understanding is that locals generally trade order flow on the floor and don't take longer term speculative positions. But apparently Bolling took some big speculative positions, like the NG/CL spread trade, so I'm not sure what to make of him.
     
    #11     Oct 15, 2016
  2. Handle123

    Handle123

    All my positions in NatGas since Sept 2009 been long and all I can do is take partial profits, when it turns only to watch the rest end up with futures getting stopped out at breakeven. All I can do at times is hedge open profits but not always. Just a matter of time where price gets in the teens. I am long and expect nothing, best way to be in trading, management the trade to see what the market willing to give me.
     
    #12     Oct 15, 2016
  3. Bolling was featured in Trader Magazine a few years ago...along with his smokin hot wife.
    If I recall, he pulled down over $10 million in just a few years of trading.
    I imagine the pressure and stress from this was what got him into commentating for Fox News network.
     
    #13     Oct 15, 2016
  4. ..looking at the chart most will be looking to call a bottom, the overall multiyear trend is down, look for failure of countertrend and get short. Those who try to bottom pick will be repeatedly stopped out.
     
    #14     Oct 15, 2016
  5. Trader13

    Trader13

    Was he a skilled trader, or Taleb's lucky monkey?
     
    #15     Oct 15, 2016
    wintergasp likes this.
  6. bathrobe

    bathrobe

    I believe the trade that made John Arnold a billionaire was the same trade that took down Amaranth (opposite side). I think specifically it was the Widowmaker spread in 2006, March/April NG Calendar, possibly done with Physical and Futures.

    Another great NG trader was/is Chris Lorenzen
     
    #16     Oct 15, 2016
  7. wintergasp

    wintergasp

    Buy high and sell higher.
     
    #17     Oct 15, 2016
  8. Handle123

    Handle123

    Unless you buying tops of swings.
     
    #18     Oct 16, 2016
  9. loser... nobody will bid higher. It's called winner's curse in auction market
     
    #19     Oct 16, 2016
  10. The commodity looks like it has done its volatility on the monthly chart, so it is currently waiting for the dominant trend to come. Looking at monthly chart, there is possibility it will fall again when it crosses 3.7 (and Wintergasp, he will buy here). so let's just wait for the double bottom to form (Wintergasp will be devastated here), and then call a buy and do buy low and hedge at the bottom , hold and then sell high
     
    Last edited: Oct 16, 2016
    #20     Oct 16, 2016
    wintergasp likes this.