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How long have you traded? Did you teach yourself? Do you have a background in the financial industry? How do you pick markets to trade (daily/ weekly charts highs or lows?)
I have a medical background, dabbled with investing for several decades and have followed commodities daily as of this year. I try to see where the price is going using several moving averages and support/ resistance levels. I've been most successful trading small movements in nat gas .
I am investing in stocks for approx. 30 years, and I am trading futures and options for 15 - 20 years. Yes, I am teaching myself, and I am permanently learning. My professional background is mechanical engineering - I received my PhD in Fluid Dynamics many years ago. I never had any professional contact with the financial industry.
My time frame in commodity trading is weeks or months, and, thus, I prefer trading large movements. My trades are determined by S&D, Seasonal Charts, and COT data. And I like finding commodities which are misprized - usually in contracts many months away.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,057 since Dec 2013
Thanks Given: 4,409
Thanks Received: 10,225
I trade almost entirely spreads, and in reality spreads of spreads (ie futures butterfly's). If you search the site you will find more details. But relevent to this conversation, many of those trades are good because one leg or spread, in a back month, is...
Note Aug expires 28th July. So assuming no other margin changes in the next few days, margins for Sep21 and Oct21 will go up another $125/$150, 5%/6% then as they roll forward a tier.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,057 since Dec 2013
Thanks Given: 4,409
Thanks Received: 10,225
NG Margin increase effective COB August 6th, 2021
Maintenance margin's increasing as follows (Note: Non-member initial margin rates will be 110% of these)
Tier 1 / Sep21 from $2475 to $2700 +$225 +9.1%
Tier 2 / Oct21 from $2350 to $2550 +$200 +8.5%
Tier 3-7 / Nov21-Mar22 from $2200 to $2400 +$200 +9.1%
Tier 8-14 / Apr22-Oct22 from $1000 to $1100 +$100 +10%
Tier 15-19 / Nov22-Mar23 from $900 to $1000 +$100 +11.1%