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Trade of the Week: long natural gas


MongiIG

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Natural gas has managed to break through resistance, signalling a potential bullish resurgence in play. We therefore looks at a long position, with a stop-loss at $2.100 and a target of $3.500.

Josh Mahony also looks back at last weeks short silver trade.

 

Joshua Mahony | Senior Market Analyst, London | Publication date: Monday 13 March 2023

 

 

 

 

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  • 2 weeks later...

I am increasingly confused about how to calculate fees. I opened a small long position of 0.01 lots on MT4, and the contract value was only $213 yesterday, but I was charged a daily financial adjustment of $0.94. This equal to $343 per year, which is a 162% annual rate of return???

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