how to trade natural gas

I am up $44 USD on the second longg trade, I will close the trade here and stop for the day

Bird's-eye view of the days trade.

Based on the bullish EIA weekly inventory data, I have taken a buy trade on natural gas. I didn't set a stop loss because i am risking the exact amount of money in my account. Gas has a very wide spread (29 pips) with this broker so I better not set a stop loss or I will get stopped out easily

Trade is in progress

Price started going down so I had to close and take the small profit I made. Liquidity is unusually dry today even after the EIA data release.

l am considering starting a natural gas trade, having loss consistently on EUR/USD.

Natural gas is one of the most profitable instruments you can trade, but the spread is very high with most brokers so you need to set a wide stop loss, you cannot dare set a small stop loss or you will just be kicked out of the market in the blink of an eye.

Another profitable instrument you can trade but this time with low spread, is US100 (aka nasdaq)

Had same experience with eurusd, natural gas is more profitable for sure