If you look at the performance tab you will see I made a mini fortune by trading natural gas over the last 2 years. It was 1.011 points to be exact. That’s over $10K per contract. If you went long 10 contracts, that would be $100K. Let’s just say I could have enjoyed this entire year on a beach in Hawaii thanks to natural gas.
Natural gas is approaching a multi-decade base.
I am just like everyone else. 99.99% uncertain about everything. In that 0.01% of certainty, I am positive that natural gas will not got to zero. Forget about the weather. Not a single person knows what the weather will be in 2 weeks, let alone what next winter looks like. Forget about the weekly natural gas storage report. Not a single person knows what it will print one year from now. Forget about the LNG market. Boom or bust your guess is as good as mine. You buy things when they are cheap. You sell them when they get expensive. At $1.886 per MMBTU’s, I am a buyer.