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.
How do you trade Natural Gas?
- Thread starter OctopodeClub
- Start date
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.
Was he a skilled trader, or Taleb's lucky monkey?
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
Another great NG trader was/is Chris Lorenzen
Buy high and sell higher.
Unless you buying tops of swings.
loser... nobody will bid higher. It's called winner's curse in auction market
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
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