NexusFi: Find Your Edge


Home Menu

 





Long/short same contract


Discussion in Commodities

Updated
      Top Posters
    1. looks_one tpredictor with 4 posts (0 thanks)
    2. looks_two Daytrader999 with 2 posts (0 thanks)
    3. looks_3 addchild with 2 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 9,375 views
    2. thumb_up 0 thanks given
    3. group 7 followers
    1. forum 12 posts
    2. attach_file 0 attachments




 
Search this Thread

Long/short same contract

  #11 (permalink)
mwtzzz
Sunnyvale, CA
 
Posts: 171 since Dec 2012
Thanks Given: 8
Thanks Received: 107

The only thing you are doing if you hold a long contract for the intermediate future, and briefly trade the short side, is you are simply recalibrating your entry into the long side. You're not trading two different strategies - you're really saying that you got in long too soon, or if you're already showing a profit, you're simply trying to day trade more profits.

So what you need to do is double up. Buy two contracts, sell and re-buy one of them as needed.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Cheap historycal L1 data for stocks
Stocks and ETFs
REcommedations for programming help
Sierra Chart
Quant vue
Trading Reviews and Vendors
Trade idea based off three indicators.
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
  #12 (permalink)
 scshourie 
Fremont, CA, USA
 
Experience: Advanced
Platform: Ninjatrader
Trading: Crude Oil
Posts: 3 since Mar 2013
Thanks Given: 3
Thanks Received: 0

Would you please explain your strategy for CL of going long and short at the same time. I understand you must be using Ninjatrader.

Reply With Quote
  #13 (permalink)
Alphachase
Nicosia, Cyprus
 
Posts: 191 since Dec 2013
Thanks Given: 28
Thanks Received: 106


I did never understand reasons to be long and short the same contract at one time. Nonetheless, if one already have a position in crude light, there is always a possibility to enter opposite side of the trade with the next month contract. Front-end CL contracts are usually liquid enough for trading on a day basis. Or trade mini.

Reply With Quote




Last Updated on January 17, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts