[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.

[charcoalbbq]

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.

[jjgold]

lol

you will lose everything

Contracts are big...rollovers pricey

Kid it wiped many investors out

Stay away..very volatile

[eidolon]

Buy now. Then sell next July

[jjgold]

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

[flyingillini]

Yes, I buy and sell daily

[keepitsimple]

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.

[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???

[SEAHAWKHARRY]

I just filled up for 20$ so I'm in 😀😀🍻

[eidolon]

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.

[CappinTerp]

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.

[daneblazer]

Wish I could fart in a jar and sell it

[Sledge187]

This is blatensensationlism.

[jjgold]

keep trading it and keep losing EVERYTHING YOU HAVE

[bferony]

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

[CappinTerp]

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

[afgballer56]

Does anybody here buy UGAZ and DGAZ?
And if so...do u think its time to hop on UGAZ

[daneblazer]

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

[BiTeMe UsAdOj]

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.

[DrunkHorseplayer]

Very rarely but oil is a good thing to buy right now; it's going up pretty soon.

[jjgold]

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

[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.

[frostno98]

See who's nustar energy rival is and try to get it cheap since it usually sells good in the 3rd quarter.

[CappinTerp]

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.

[stevenash]

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.

[BiTeMe UsAdOj]

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

[jjgold]

Oil can go to $10 a barrel

Nobody knows because if you did you would be rich