I closed out my December contract at $4.84 today (which I had went short on at $5.00) for a $400 gain. Combining that with my November contract that I lost $150 on, my final outcome of my natural gas trades was a very small profit of about +$220 after commissions.
The warmer weather and maxed out natural gas reserves has caused natural gas to finally come down as expected. That cold snap in October combined with other factors that caused the price to rise sure had me scared for a while -- as I mentioned, I was down almost $4000 at one point. But the fundamentals prevailed in the end.
There is still weakness in natural gas for the short-term, but it is too risky to bet on this now with winter approaching. And besides, I am moving on to bigger and better things...
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