Natural Gas Daily Price Analysis – Warmer Weather Fuels Gas Price Jump
Natural gas prices surged 8.72% today, followin...sday’s rise of 3.37%, which saw the […]
Published on: 26 Sep 2024
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HowToTrade.com provides our readers with a daily market analysis for Natural Gas (NG), including the latest natural gas news, NG price, updates, and price forecasts from our trading experts.
Due to its significance, natural gas is one of the most traded commodities in the world, and there are several ways to trade it. Apart from physically buying natural gas, traders can buy and sell natural gas via the futures market or by trading ETFs and natural gas stocks.
However, the options above typically require a large initial investment and other considerations such as high margin requirements and often a deliverable contract, which means you’ll have to physically own and store a commodity
One of the most favorite methods among traders for trading natural gas is through CFDs.
These are essentially derivative contracts that enable you to speculate on natural gas prices without having to own the asset. Consequently, CFDs are favored for those looking to engage in short-term natural gas trading.
To start trading natural gas, here’s what you need to do:
Natural gas prices are influenced by the forces of supply and demand. On the supply side, factors like natural gas production, storage, inventory, and imports play a significant role. On the demand side, weather and economic conditions can increase demand.
In financial markets, the ticker symbol for natural gas is NG. The benchmark for natural gas in the trading world is the Henry Hub natural gas traded on the Chicago Mercantile Exchange.
Natural gas trading is available nearly 24 hours a day from Monday through Friday with a short break in between.
At basic, any trading strategy can be effective for natural gas trading. However, natural gas is often considered a very volatile and trend-following market. As such, some of the best natural gas trading strategies include the breakout strategy and trading strategy. Another popular way to trade natural gas is by utilizing the commodity spread trading strategy, where traders often trade the spread between crude oil and natural gas
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