Boil down 80%

BOIL is the most profitable instrument if trading on a daily chart
with a following trend strategy.
Or you can trade natural gas futures with the same method.
 
Last edited:
wmwmw said:
BOIL is the most profitable instrument if trading on a daily chart
with a following trend strategy.
Or you can trade natural gas futures with the same method.
More...
care to show a chart of your claim to include entries and exits?
 
easymon1 said:
care to show a chart of your claim to include entries and exits?
More...

No.
If someone pays me then we can arrange a plan.

By the way, I experimented a lot on daytrading natural gas but after losing a lot on a seemly very promising instrument, I turned to gold and found gold is the most profitable daytrading instrument.
 
wmwmw said:
No.
If someone pays me then we can arrange a plan.

By the way, I experimented a lot on daytrading natural gas but after losing a lot on a seemly very promising instrument, I turned to gold and found gold is the most profitable daytrading instrument.
More...

They don't call Natural Gas the Widowmaker in the futures arena on a whim. I am sure it has caused a few heart attacks over the decades. I have made a bit of money on UNG call options, but it is very tricky. Especially now with Freeport supposedly coming back online every other day, frequent weather forecast upheavals, the European energy chaos with much more to come.

My strong impression is that those who are grizzled professional vets in this specialized arena with intimate knowledge of the convolutions often clean out the wallets of the amateurs. For example, I have studied weather for several decades, but I don't yet have enough practice in applying that understanding in a timely manner here.

Yes, Gold is a bit more straight forward for day trading than natural gas, but it has its own quirks as well.

BTW months ago I wrote to CME urging the idea of a MICRO NG along the lines of micro oil, which has done so well in volume. They indeed are now considering the possibility ...
 
Last edited:
Primal Trader said:
BTW months ago I wrote to CME urging the idea of a MICRO NG along the lines of micro oil, which has done so well in volume. They indeed are now considering the possibility ...
More...
There is already a mini and it's quite small, why the need for a micro?
 
Lots of smaller futures traders out there now, things have changed. Look at the volume of the mini oil compared to the micro oil. Many traders do not at all like the $12.50 tick size on either mini energy, same with the Euro and Yen, micros much more popular. The spread on the mini NG is also at times 2 wide, just not cost effective enough for some.

Micros also give one the capacity to more easily use protection and arbitrage strategies. People said the same thing about micro oil, no need for it, but it sometimes now trades 100 K volume plus, and has very usable options now too. One of my favorite instruments for my Roth.
 
Natgas under $5. KOLD at 24.84. longterm chart says avg price pre-covid (10 years back) on natgas is between $2-3. There is an ocean or two of natgas out there and if the war can't keep the price up. What can?
 
klattermusen said:
Natgas under $5. KOLD at 24.84. longterm chart says avg price pre-covid (10 years back) on natgas is between $2-3. There is an ocean or two of natgas out there and if the war can't keep the price up. What can?
More...
effective Operational distribution to industrial and residential users with spending power? Demand/Supply.
 
Last edited:
You must log in or register to reply here.
Back
Top