NexusFi: Find Your Edge


Home Menu

 





do any of y'all have suggestions for trading natural gas with very small amounts of m


Discussion in Commodities

Updated
      Top Posters
    1. looks_one Chewie with 3 posts (1 thanks)
    2. looks_two Jigsaw Trading with 2 posts (1 thanks)
    3. looks_3 fube with 2 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
      Best Posters
    1. looks_one SMCJB with 2 thanks per post
    2. looks_two Slava23 with 1 thanks per post
    3. looks_3 Jigsaw Trading with 0.5 thanks per post
    4. looks_4 Chewie with 0.3 thanks per post
    1. trending_up 3,170 views
    2. thumb_up 5 thanks given
    3. group 5 followers
    1. forum 9 posts
    2. attach_file 0 attachments




 
Search this Thread

do any of y'all have suggestions for trading natural gas with very small amounts of m

(login for full post details)
  #1 (permalink)
Chewie
NEW ORLEANS LOUISIANA USA
 
Posts: 3 since Dec 2015
Thanks Given: 3
Thanks Received: 1

Hey Gang,

I would like to hear some of your opinions about short term trading NG (or similar products like UNG). I do NOT wish to start with the NG futures contract because of initial investment(margin) requirements. I tried the mini NG but the chart is a mess(using thinkorswim). I recently heard about the UNG ETF but the TD Ameritrade chart also looks like a non-fluid hodge podge on a one minute bar.
Everyone i know says " I will lose my ass trading futures"......I can live with that possibility if I can trade smaller until I either go broke or become more proficient.
I've been using thinkorswim PaperMoney for 3 years and I kill it; however, I've heard the fills will be very different in real trading. My guess is if I trade the ETF UNG the chart will move very similar to the front month NG futures contract and risk as little as one share per trade????Unfortunately, my thinkorswim chart acts terrible and doesn't "flow" like the big NG front month futures contract.
do any of y'all have suggestions for trading natural gas with very small amounts of money on a very short term basis?

btw I'm in the nola area if anyone knows of trading groups around here....

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Request for MACD with option to use different MAs for fa …
NinjaTrader
Futures Close-Out Policy
Commodities
Looking for an MQL4 MetaTrader programmer/coder
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
33 thanks
Daytrading ES & NQ
32 thanks
Battlestations: Show us your trading desks!
31 thanks
Spoo-nalysis ES e-mini futures S&P 500
28 thanks
Retail Trading As An Industry
25 thanks

(login for full post details)
  #3 (permalink)
Slava23
Arkansas USA
 
Posts: 45 since Feb 2011
Thanks Given: 8
Thanks Received: 6



Chewie View Post
Hey Gang,

suggestions for trading natural gas with very small amounts of money on a very short term basis?

btw I'm in the nola area if anyone knows of trading groups around here....

Try NADEX binary options , specially before weekly NG reports. Very promised.
Every $20 entry can return $100 each.

Reply With Quote
The following user says Thank You to Slava23 for this post:
(login for full post details)
  #4 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,392

You can get a demo of multicharts with CQG data here - https://vip.ampfutures.com/multicharts-free-demo

With the CQG Demo account, the fills are REALISTIC.. so you have a choice

1 - watch the futures but trade the ETF. That de-risks your trading but gives you a futures feed that should not have the "flow" issues you have with TOS
2 - Trade the CQG demo for futures and forget the ETF completely. Fills with a CQG Demo account are realistic - their back-end server simulates fills.

If I were you - I'd take option 2 initially. Mostly because you say you are already close and just need to figure if your style will work with proper fills.

If you find you are not so close - then I'd revert to option 1 and trade small size on the ETF but watch the futures data.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
Visit my NexusFi Trade Journal Reply With Quote
The following user says Thank You to Jigsaw Trading for this post:
(login for full post details)
  #5 (permalink)
Chewie
NEW ORLEANS LOUISIANA USA
 
Posts: 3 since Dec 2015
Thanks Given: 3
Thanks Received: 1

Thank you very much.

I will try both.

The time you took to respond is greatly appreciated!

Reply With Quote
The following user says Thank You to Chewie for this post:
(login for full post details)
  #6 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115


Chewie View Post
I tried the mini NG but the chart is a mess(using thinkorswim).


DionysusToast View Post
1 - watch the futures but trade the ETF. That de-risks your trading but gives you a futures feed that should not have the "flow" issues you have with TOS

Or watch & chart the full size future (NG) but trade the eMini (QG). The liquidity is there on QG (as long as you only trade the first few months) it just doesn't trade as often as the full size which is why the charts look screwy. Big downsize on QG is the tick size (.005 vs .001 for NG).

If you plan to hold the ETF I'd advise you look at the discussion in this forum about USO the crude oil ETF. There are several things that can make holding the ETF perform differently than trading the futures when the market is in steep contango like it is now.

Reply With Quote
The following 2 users say Thank You to SMCJB for this post:
(login for full post details)
  #7 (permalink)
Chewie
NEW ORLEANS LOUISIANA USA
 
Posts: 3 since Dec 2015
Thanks Given: 3
Thanks Received: 1

Thank you, I will investigate both post haste ;-)

Reply With Quote
(login for full post details)
  #8 (permalink)
fube
Boston, Massachusets
 
Posts: 8 since Feb 2016
Thanks Given: 1
Thanks Received: 0

You can't use demo accounts on Multicharts anymore unless you have a live accounted that's funded with $100 (to pay for data feed).

Reply With Quote
(login for full post details)
  #9 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,392


fube View Post
You can't use demo accounts on Multicharts anymore unless you have a live accounted that's funded with $100 (to pay for data feed).


Sure you can - https://vip.ampfutures.com/multicharts-free-demo

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
Visit my NexusFi Trade Journal Reply With Quote
(login for full post details)
  #10 (permalink)
fube
Boston, Massachusets
 
Posts: 8 since Feb 2016
Thanks Given: 1
Thanks Received: 0


Hey. Are you Peter Davis? I was thinking about purchasing Jigsaw for $400. The reason I'm bringing it up in here is because I can't PM you, so if you could PM me to discuss this over that'd be great. Thanks!

(This is a reply to DionysusToast. I can't even quote cause it requires 5 posts).

Reply With Quote





Last Updated on April 23, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts