Jan. 28 at 12:56 AM
$NG $BOIL Some people here act like natural gas experts, which I don't buy. If they were true experts, they could literally retire in under a year from the massive gains typical of NG trading.
All that empty power-talk is just a bloated ego outstripping actual knowledge. It’s an unconscious, frustrated reaction to seeing any posts that contradict their views or holdings—basically, a dictator mindset.
I’ve traded everything from stocks and options to futures and various types of bonds. I take pride in the deep research I do, yet I remain completely modest about assets that are as volatile and unpredictable as natural gas futures, which can reverse direction on a dime.
Look at this monthly chart. As recently as February 2024, NG futures sank to
$1.52, while
$KOLD soared to
$88. The all-time low for NG remains
$1.02, set back in 1992.
The bottom line is only God knows where NG is headed and only thing we know is BOIL/KOLD pair always reverses directions in a dramatic way.
$UNG $NG_F
