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Long/short same contract


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Long/short same contract

  #11 (permalink)
mwtzzz
Sunnyvale, CA
 
Posts: 171 since Dec 2012
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The only thing you are doing if you hold a long contract for the intermediate future, and briefly trade the short side, is you are simply recalibrating your entry into the long side. You're not trading two different strategies - you're really saying that you got in long too soon, or if you're already showing a profit, you're simply trying to day trade more profits.

So what you need to do is double up. Buy two contracts, sell and re-buy one of them as needed.

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  #12 (permalink)
 scshourie 
Fremont, CA, USA
 
Experience: Advanced
Platform: Ninjatrader
Trading: Crude Oil
Posts: 3 since Mar 2013
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Would you please explain your strategy for CL of going long and short at the same time. I understand you must be using Ninjatrader.

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  #13 (permalink)
Alphachase
Nicosia, Cyprus
 
Posts: 191 since Dec 2013
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I did never understand reasons to be long and short the same contract at one time. Nonetheless, if one already have a position in crude light, there is always a possibility to enter opposite side of the trade with the next month contract. Front-end CL contracts are usually liquid enough for trading on a day basis. Or trade mini.

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Last Updated on January 17, 2014


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