light sweet

While we are on the subject can anyone suggest any good books on energy trading? I just got "Fundamentals of Trading Energy Futures and Options" and it sucks.. its basicly a intro to futures book which has a list of energy contracts in the back. :mad:
 
Quote from spoofy:

While we are on the subject can anyone suggest any good books on energy trading? I just got "Fundamentals of Trading Energy Futures and Options" and it sucks.. its basicly a intro to futures book which has a list of energy contracts in the back. :mad:
More...

Looking for a book is great, But oil is extremly news driven. You need to always be on the top of news and reports.

things like middle east and nigeria situation , supply and demand reports, OPEC meeting and ... can move oil price very quickly...
 
Quote from joenike:

What does paper on the bid/ local on the offer mean?

Hi,

I'll make a try at explaining this common sensically. Is that even a word? :) Paper would be an order coming into the market from a firm, fund, broker, etc., by a clerk, a ticket or paper order. A local would be one of the traders in the pit.

That would be how I interpret it, I could be mistaken.

Take Care!

Kelly
More...
 
since JP Morgan merged with the Federal Reserve...who knows what energy will do....

witness the $7 pounding the nat. gas market took on 8 consecutive days when Morgan announced it was dabbling in gas....at a then $15 ....

no wonder.... Greenspan all of a suddenly starting whining about nat. gas prices in late '05....so the fix was in....

what Morgan can't control yet, is hurricanes, ......yet
 
You must log in or register to reply here.
Back
Top