This is why I really don't want the crypto revolution to destroy the system as we know it!!! no, not yet not when we still have not made money from this machine, coz believe it or not it's relatively simple to make money in the financial markets, you just need capital and knowledge...
Psychology. You need a handle on your psychology. There are plenty of people with knowledge and capital they can’t execute and follow through on consistently because of lack of psychological understanding.
Yes you can apply the same principles and understanding of the natural gas mkts to your trades. However the level that he plays at requires significant capital.
Hedge Fund traders have built-in advantages but he’s still impressive. That he started at Enron is strike one because its traders had a horrible reputation for screwing over millions of people, including the state of California.
I agree. He supposedly wasn't involved in the scandal at Enron. But, you have to wonder about his multi million dollar bonus which he received just days before Enron collapsed. He must have known the company was going down. I saw an interview with him where he talked about his trading strategy. He didn't disclose much other than to say that he based trading decisions on natural gas inventory data from the distribution hubs that serve cold weather areas of the country going into the winter time. He said the data wasn't easy to get. But, didn't explain how he got it. He also said that he didn't need to use technical analysis because he could see what his counter parties were doing. But, he didn't explain how that worked either.
@@gregflorko8402 lol no because that's not how corporations work. A commodities trader at a big corporation isn't an executive and has no idea how the company is being run. He's not CEO, CFO, COO, etc. he's an in-house arbitrage trader. He's completely focused on the market.
You can consider eightcap. Please check out my forex videos as there's a promo link in the description box. Keep in mind they offer cfd's for oil and gas.
hello, i currently work in the electrical field and i was wondering, do you know the best way for me to get started trading electricity? thank you for your content.
Yea, totally wasn’t hard work & experience. I’ll take a guess - you are self projecting the lack of belief in yourself onto a self made billionaire. Yikes
We are in the El Nina period which brings lots of hurricanes and typhoons. Hypothetically natural gas is well positioned for a momentum. Plus technical analysis suggests we are close to transfer from stage I to stage II when it reaches 3.5 level.
![[UA] Eternal Fire проти NAVI | EPL Season 20 Malta](http://i.ytimg.com/vi/chvlsDygrZM/mqdefault.jpg)
Wow, what a strategy. Buy low, sell high. Wow, mindblowing
Where are your billions
@@takshbamboli8129 where is your bugatti vibes bro
Yeah, but you’re poor….
I know. I feel so stupid. I was buying low and selling high before.
Thanks Mike, would love to see a interview series between you and some great traders, if you’re able to organize it with them.
Yes interviews are definitely in the works.
Can we buy Crude Oil as it's at Low. Pl advise for long term
Convexity and momentum.
I love your channel Mike! 'Relieve others of their money!!!' that is the best line ever :)
This is why I really don't want the crypto revolution to destroy the system as we know it!!! no, not yet not when we still have not made money from this machine, coz believe it or not it's relatively simple to make money in the financial markets, you just need capital and knowledge...
Psychology. You need a handle on your psychology. There are plenty of people with knowledge and capital they can’t execute and follow through on consistently because of lack of psychological understanding.
You’re delusional
Hey Mike, do you think that retail traders can utilize some of the strategies that John Arnold used to be a success at trading?
Yes you can apply the same principles and understanding of the natural gas mkts to your trades. However the level that he plays at requires significant capital.
natural gas at its 3 years lowest.
can we add on dips??
losers add to losers
I'll talk about this in tomorrow's live stream on June 18.
@@RJ-se9op The momentum is around 3.5 on NG.
Hedge Fund traders have built-in advantages but he’s still impressive. That he started at Enron is strike one because its traders had a horrible reputation for screwing over millions of people, including the state of California.
I agree. He supposedly wasn't involved in the scandal at Enron. But, you have to wonder about his multi million dollar bonus which he received just days before Enron collapsed. He must have known the company was going down. I saw an interview with him where he talked about his trading strategy. He didn't disclose much other than to say that he based trading decisions on natural gas inventory data from the distribution hubs that serve cold weather areas of the country going into the winter time. He said the data wasn't easy to get. But, didn't explain how he got it. He also said that he didn't need to use technical analysis because he could see what his counter parties were doing. But, he didn't explain how that worked either.
@@gregflorko8402 lol no because that's not how corporations work. A commodities trader at a big corporation isn't an executive and has no idea how the company is being run. He's not CEO, CFO, COO, etc. he's an in-house arbitrage trader. He's completely focused on the market.
I also wanna ‘go bust’ and only have $3B 😂
🤣😂😆 "at 22 he was overseeing enron's Texas natural gas trading desk"
no wonder Enron went bust: it was a joke of a company!
He made $750m profit for them. Putting him in was one of the things they got right.
@@davidstevens3934 he was the Messi of NG trading at the time
at least he was a king
Which broker is better for tight spreads and overall performance for gas and oil?
Depends on where you are located. Most us brokers offer tight spreads.
@@MikeSerTrader for international clients please
You can consider eightcap. Please check out my forex videos as there's a promo link in the description box. Keep in mind they offer cfd's for oil and gas.
Buy Natural gas on dips....all dips as it's 2 years low
@@vishalkhanna1476 which broker do you use for natgas
I promise to give away half my money.... Ya right, we've heard that one before. No one actually did it, including Gates and Buffet
How to grow that much when you claim they make like 130% yearly or something
..and he happily lived there after
hello, i currently work in the electrical field and i was wondering, do you know the best way for me to get started trading electricity? thank you for your content.
Enron hey? Big bonus days before Enron filed for bankruptcy. Nope...dudes not a hero.
He just shorted 5x overpriced NG price
It’s called corruption
How I turned 8 million haha rags to riches
cooL
I'll take a guess without watching. He was lucky. The right time at the right place.
Aha yeah don’t think he had algobox giving him entries
Yea, totally wasn’t hard work & experience. I’ll take a guess - you are self projecting the lack of belief in yourself onto a self made billionaire. Yikes
Well u got to have good skills and timing to be lucky!
Who was know the naturel Gaz gonna grow up till 600% this years
Then you would be wrong.
lmao following up a video on Brian Hunter with a profile of the man who destroyed him in one day. Brutal, and I love it.
We are in the El Nina period which brings lots of hurricanes and typhoons. Hypothetically natural gas is well positioned for a momentum. Plus technical analysis suggests we are close to transfer from stage I to stage II when it reaches 3.5 level.
Buy Natural gas on dips....all dips as it's 2 years low
Yes it can be a good time to buy if you're a contrarian. If we get colder weather this winter then prices will skyrocket.
legend says John Arnold's wife is now a widow.
Lies, big lies...
"relieve others of their money" lol.....Excellent video. You've hooked me. Gonna binge a few videos now