MrRenev

Natural Gas: Uptrend

Long
MrRenev Updated   
NYMEX:NG1!   Natural Gas Futures
Reminds me of silver





I am sure bears are seing this whole uptrend as an ABC. They'll always find reasons to be short.
Rolling over these shorts must be real painful. Imagine trying so hard to be "right" and being obssessed about an idea in a coinflip game.

Mind process:

1- Why bullish on Natural Gas?
Idk it's kinda going up. I just flipped a coin.

2- Why this stop loss?

Idk stop asking questions. I'm usually good at eyeballing bottoms. Got a track record. Been eyeball picking bottoms since 2014 even when I knew nothing about trading.

3- Why even take this?

I like making huge wins. This can go really far. If it was able to effortlessly break through big areas of resistance, imagine what it can do with half the resistance?
Big distance to run until something stops it.
Just fire a .50 caliber at a thick (but not too thick) metal plate and put a piece of paper behind it, see what happens.

If I have a coinflip opportunity to lose 1 or make 7 well please I'll take that all day long every day.

Trade active:
Quick lose probably.
Also filled on another future.
Maybe a double lose.
Comment:
Stopped at the bottom and it rallied straight up, at 3R now.
No point trying to analyse it it's 100% because of Coronavirus and very bad government.
Literally nothing I could do 🤷‍♂️
Hopefully they won't get in my way again.
Comment:
Typical


Well at least I am risking not even a third of a percent so I am not missing on much.

I have a history so full of being stopped at the top or bottom, and missing out, and forcing to get a move losing then eventually giving up and that's when it happens.
At least I'm building my track record and I get more and more perfect.
And I know that what I do works.

Of course I missed out because I had to go to the town hall & all apps are too bad to use the phone.

But wait there is more! This will not just be a winner, this will be a massive generational winner.

But wait there is more! I did not just miss out I even managed to take a loss.

But wait there is more! I got stopped at the very bottom. The last tick.

But wait there is more! My other position is going nowhere and I will get stopped out, guarenteed?

But wait there is more! I am going to miss out on all the other moves I am watching.

Feels like doing some cartwheels on the railroad track...

Yiippppeeeeeee 🤸‍♂️🚄
Comment:
Typical :)

It's at 8 or 9R or something.


T
Y
P
I
C
A
L

Not even mad tbh.

I'd leave a SL at 2.65 more or less I think.
Comment:
What gaps do is all the noobs that never let their profit run are forced to make money.
Obviously they get all excited and the second they see their profit they beat the 100m sprint world record and furiously sell.

While bears just got slapped and have to get out. But could also be "averaging" and all, "pros" too such as the "I blew all of your money, thanks for the sauce by the way" guy 🤣 Never forget. Maintaining relations and being friendly is more important to running a fund than actually knowing how to manage money I think, but this is just ridiculous.

www.businesswire.com...nSellers.com-Natural


Never forget.

Then there are also the gap traders.

Ye let's just sit and watch. I expect a bigger pullback now, something like silver did.
I see no reason for NatGas to be more expensive that it was 1 year ago 🤷‍♂️

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