Don't touch NG. I rarely know an instrument that is more dangerous. Only a few shops play it. If they coordinate you have no game.
How low can Natural Gas go?
- Thread starter UVXY20
- Start date
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CAN GO negative , but the nat gas flares look good like candles on a cake LOL.
WHIP saw could be a good outcome , T boone Pickens sent bankrupt on that, but what' s an oil+ gas man know about nat gas eh??
But overall an excellant oil businessman.....Been trading NG very long time, more trades on long side, best to have target to dump half or a third of position, leave stops at breakeven and always hedge entries.
Those who don't like futures, ETF Boil
About now is probably a good time to go long the Feb/March contracts.
https://www.severe-weather.eu/long-...tern-arrives-in-2024-united-states-canada-fa/
Completely agree. Never seen any instrument that has produced more widows (and just as many widowers) than this one. If you're a noob, stay away.
Huh?
There are many happy NG day traders as this instrument gives trading opportunities almost every day.
Not many instruments give trading opportunities almost every day.
Yes. Until some day your stop doesen't get filled and brings you doom. Happens many times a year. Just watch the epicly huge 1min candles.
That is strange.
NG futures daily volume is rather high (150k/day).
The bid-offer spread is excellent; just a few ticks only.
The mini and micro NG bid-offer spread is not that great.
Are you doing day trading?
The 1-minute chart is too coarse for day trading.
I use a 100 volume chart which is equivalent to a few seconds chart
(when the market is moving).
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Best way to trade that stuff, not often, below $2 plenty + much less \flare the stuff like wood smoke;
look what BOIL\ has done from JAN start LOL
Amen on some targets, not BOIL;
i do like coffee water Boiled + Boiled eggs LOL
