Does anyone play the energy markets (crude or natural gas) ?

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  • keepitsimple
    SBR Hustler
    • 11-27-15
    • 51

    #1
    Does anyone play the energy markets (crude or natural gas) ?
    Ive been speculating lower prices in WTI and Natural Gas for the last 2 years.
    Wondering if there were other sport bettors on here who are in future contracts too.
  • charcoalbbq
    SBR High Roller
    • 07-18-15
    • 220

    #2
    USA is planning to overthrow the saudi ruling family....there will be chaos in saudi in 2016 and gas prices will go back up the roof before the end of 2016.
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388189

      #3
      lol

      you will lose everything

      Contracts are big...rollovers pricey

      Kid it wiped many investors out

      Stay away..very volatile
      Comment
      • eidolon
        SBR Hall of Famer
        • 01-02-08
        • 9531

        #4
        Buy now. Then sell next July
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388189

          #5
          Originally posted by eidolon
          Buy now. Then sell next July

          Rollovers are costly..high costs to carry and margin requirements

          Most of you could not afford it meaning trade it

          If your wrong lose your house

          Not worth it and zero value
          Comment
          • flyingillini
            SBR Aristocracy
            • 12-06-06
            • 41219

            #6
            Yes, I buy and sell daily
            המוסד‎
            המוסד למודיעין ולתפקידים מיוחדים‎
            Comment
            • keepitsimple
              SBR Hustler
              • 11-27-15
              • 51

              #7
              Ive been trading the emini nat gas which require $350-400 margin per contract.

              Until the GLUT supply is gone seems both crude and nat gas will continue to drop.
              Comment
              • GIVEMETHEMONEY
                SBR Hall of Famer
                • 12-13-12
                • 8428

                #8
                My brother works for a major player and he runs a segment of a large refinery here in the states.

                He told me this will keep going on for another 2 years.

                There is an over supply now from all the fracking.

                See how capitalism truly works???
                Comment
                • SEAHAWKHARRY
                  BARRELED IN @ SBR!
                  • 11-29-07
                  • 26068

                  #9
                  I just filled up for 20$ so I'm in 😀😀🍻
                  Comment
                  • eidolon
                    SBR Hall of Famer
                    • 01-02-08
                    • 9531

                    #10
                    Originally posted by GIVEMETHEMONEY
                    My brother works for a major player and he runs a segment of a large refinery here in the states.

                    He told me this will keep going on for another 2 years.

                    There is an over supply now from all the fracking.

                    See how capitalism truly works???
                    Really? because I have talked to people that have family in Texas and are saying they are barely turning profit and the move for lower prices is to push out smaller oil people so that larger companies can control the prices.

                    All the reserves in the world could sustain the demand for 2 years without adding to it. This has been the circumstance for almost 10+ years.
                    Comment
                    • CappinTerp
                      SBR Hall of Famer
                      • 11-26-09
                      • 9650

                      #11
                      Originally posted by eidolon
                      Really? because I have talked to people that have family in Texas and are saying they are barely turning profit and the move for lower prices is to push out smaller oil people so that larger companies can control the prices.

                      All the reserves in the world could sustain the demand for 2 years without adding to it. This has been the circumstance for almost 10+ years.
                      Not only WTI....But also for Russia to turn a reasonable profit,with their vast reserves in Siberia, they need oil to trade around $ 100 per barrel ! Their current account is bad and as you know the Ruble took a big hit with these declining oil prices. When I am in, do mostly interest rates and a little non-ferrous metals.....best of luck guys. When I was working I speculated on interest rates...If anyone has questions about this,feel free to pm me...will to best , to help out.
                      Comment
                      • daneblazer
                        BARRELED IN @ SBR!
                        • 09-14-08
                        • 27861

                        #12
                        Wish I could fart in a jar and sell it
                        Comment
                        • Sledge187
                          SBR MVP
                          • 04-25-08
                          • 3722

                          #13
                          This is blatensensationlism.
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388189

                            #14
                            keep trading it and keep losing EVERYTHING YOU HAVE
                            Comment
                            • bferony
                              SBR High Roller
                              • 10-15-08
                              • 112

                              #15
                              Originally posted by CappinTerp
                              Not only WTI....But also for Russia to turn a reasonable profit,with their vast reserves in Siberia, they need oil to trade around $ 100 per barrel ! Their current account is bad and as you know the Ruble took a big hit with these declining oil prices. When I am in, do mostly interest rates and a little non-ferrous metals.....best of luck guys. When I was working I speculated on interest rates...If anyone has questions about this,feel free to pm me...will to best , to help out.
                              I tried to PM you and was wondering if you got it
                              Comment
                              • CappinTerp
                                SBR Hall of Famer
                                • 11-26-09
                                • 9650

                                #16
                                Originally posted by bferony
                                I tried to PM you and was wondering if you got it
                                Yea, I got IT ...IT'S early Sun . prob be able to get back 2 ya on Mon........1 quick note: DO not ever average down!!!...Yea It will help you 8 out of 10 times....but the other 2 times you will be so fundamentally wrong about the mrk. you will get killed.............Remember: Bulls, Bears and Pigs...( don't get greedy).....gl
                                Comment
                                • afgballer56
                                  SBR MVP
                                  • 09-11-14
                                  • 1312

                                  #17
                                  Does anybody here buy UGAZ and DGAZ?
                                  And if so...do u think its time to hop on UGAZ
                                  Comment
                                  • daneblazer
                                    BARRELED IN @ SBR!
                                    • 09-14-08
                                    • 27861

                                    #18
                                    Originally posted by afgballer56
                                    Does anybody here buy UGAZ and DGAZ?
                                    And if so...do u think its time to hop on UGAZ

                                    They just hired Kirby smart so they're trending up
                                    Comment
                                    • BiTeMe UsAdOj
                                      SBR Hall of Famer
                                      • 08-18-11
                                      • 7537

                                      #19
                                      Originally posted by daneblazer
                                      Wish I could fart in a jar and sell it
                                      Who you kiddin'?
                                      You just wanna fart in a jar... couldn't care less if you sold it or not.
                                      Just DO IT, already.
                                      Comment
                                      • DrunkHorseplayer
                                        SBR Hall of Famer
                                        • 05-15-10
                                        • 7719

                                        #20
                                        Very rarely but oil is a good thing to buy right now; it's going up pretty soon.
                                        Comment
                                        • jjgold
                                          SBR Aristocracy
                                          • 07-20-05
                                          • 388189

                                          #21
                                          Originally posted by DrunkHorseplayer
                                          Very rarely but oil is a good thing to buy right now; it's going up pretty soon.
                                          lol people been saying that for 14 months now

                                          all lost everything they own
                                          Comment
                                          • floridagolfer
                                            SBR MVP
                                            • 12-19-08
                                            • 2757

                                            #22
                                            I think you can probably make money in oil if you want to wait a couple of years, but most people aren't that patient.
                                            Comment
                                            • frostno98
                                              SBR Hall of Famer
                                              • 09-11-07
                                              • 9769

                                              #23
                                              See who's nustar energy rival is and try to get it cheap since it usually sells good in the 3rd quarter.
                                              Comment
                                              • CappinTerp
                                                SBR Hall of Famer
                                                • 11-26-09
                                                • 9650

                                                #24
                                                Originally posted by floridagolfer
                                                I think you can probably make money in oil if you want to wait a couple of years, but most people aren't that patient.
                                                you are probably right....but it's not a good idea to tie up some of your capital for that long.
                                                Comment
                                                • stevenash
                                                  Moderator
                                                  • 01-17-11
                                                  • 65200

                                                  #25
                                                  Originally posted by keepitsimple
                                                  Ive been speculating lower prices in WTI and Natural Gas for the last 2 years.
                                                  Wondering if there were other sport bettors on here who are in future contracts too.
                                                  I gave up trying to figure EM's 6 months ago.
                                                  I got out, I like the communication markets better.
                                                  Comment
                                                  • BiTeMe UsAdOj
                                                    SBR Hall of Famer
                                                    • 08-18-11
                                                    • 7537

                                                    #26
                                                    Originally posted by stevenash
                                                    I gave up trying to figure EM's 6 months ago.
                                                    I got out, I like the communication markets better.
                                                    Yep, cuz:

                                                    EM = all kinds of other manipulations other than true market forces (political, geopolitical, insider manipulation, etc.)

                                                    CM = for most part true market forces
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388189

                                                      #27
                                                      Oil can go to $10 a barrel

                                                      Nobody knows because if you did you would be rich
                                                      Comment
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