It seems Ricky Gutierrez trades mostly /NG (plus DGAZ & UGAZ) and /CL (plus DWT & UWT). Does this trade have any advantage or is this relatively easier? I am not very familiar with these products...... 
Advantages in /NG or /CL trade? Why Ricky Gutierrez trades only these products?
- Thread starter heispark
- Start date
It seems Ricky Gutierrez trades mostly /NG (plus DGAZ & UGAZ) and /CL (plus DWT & UWT). Does this trade have any advantage or is this relatively easier? I am not very familiar with these products......
Maybe he has an insight to the energy infrastructure that he understands. Therefore, it is easier for him as compared to other instruments. *shrugs* Only he can tell you why.
It seems this boy doesn't necessarily have a deep insight into the energy business. He mainly uses VWAP and price action plus simple MACD & RSI. Looks simple strategy.....
But he broadcasts live trading videos in real-time and TOS statement. So, I think he really makes money consistently.
UGAZ & DGZA is 3x leverage of /NG, so small day range should be ok to him. If only day range matters, he would trade /NQ. My guess is he may feel comfortable with price action of /NG and /CL for some reason.
You know NG can be levered at around 20:1 at most brokers right?
NG can get entertaining late summer.
Anyone worth less than a few million who buys a car like that is an idiot. Oh, wait he has almost 700,000 subscribers who thinks he can teach them to get that car. F'n genius!!!