Nat. Gas: Weather Trading Not A Good Idea

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In Response To: Re: Nat. Gas: Weather Trading Not A Good Idea ()

Thank you Trades and very well stated. I hope many that come here and read will take note of your post and keep that in mind when some broker makes suggesting commits to buy because of the weather. You know like those ads on radio all the time to buy calls because of the weather and so on.

I knew a retired chief petty officer that opened up a trading account with $12 K and this lousy broker conned him into buy many call options in Oil and heating Oil, sorry to say he lost right $10K He called me almost crying as it was most of his saved cash when he retired. He had got hooked on one there ads on the radio.

USCoralSea

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Nat. Gas: Weather Trading Not A Good Idea

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