Yesterday I closed my trade in Natural Gas for an .81 debit. Initially the trade was going in my favor, but them price broke down and closed below my trailing stop on Monday. As a result, I exited the trade Tuesday morning and moved on. Later in the day yesterday, I was able to get […]
Overview: We were filled on a Nasdaq (QQQ) trade in the December Quarterly Options and had our stop triggered in Natural Gas (UNG). As a result, we will be exiting the Natural Gas trade this morning, October 29, 2013. If you enjoy this or any of my posts, please click one of the social […]
Today is the beginning of another week and we’re looking for potential trades to enter for either the December 2013 expiration or the December quarterly options. We only have one options trend following trade open right now and that’s in Natural Gas (UNG). We took a little bit of heat last week, but price has […]
Yesterday, October 25th, my stop was hit on an open credit spread in Gold (GLD) and I closed the vertical for loss. The Natural Gas trade (UNG), however, bounced off the stop level and I never received a signal to exit the trade. Gold (GLD) Credit Spread Discussion: In the chart of Gold, you can […]
The video below gives an update on the November 2013 expiration positions that were recently closed and then discusses new credit spreads for the December 2013 expiration. We had one quick and easy December trade in the Euro (FXE) and we’re taking some heat on the open Gold (GLD) and Natural Gas (UNG) trades. I […]
One of the main tenets of trend following is that you should use numerous, uncorrelated underlyings for diversification and to increase the returns in your system. Using additional trend following systems and non-trend following systems is an extension of that idea. The credit spread trading I generally discuss came about as a way to diversify the Donchian […]