How Much Money Energy Traders Make

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[@noahkagan]

Here's The Link to Full Video! kzbin.info/www/bejne/gnbLcoaoprGXp7s

[@Vlad_Portnov]

These two lasts guests were extra interesting to hear about. This guy and the dude in the plane you reference, who also mentioned making money through electricity if I remember correctly? Thanks uncle Noah!

[@maemae4909]

You have a very fascinating channel, with great content and is hella inspirational and people need that now more than ever minus during the Great Depression, Clvil War, War I and II and those times where it was hard af to live every day.

[@maemae4909]

@@Vlad_Portnovthey really are and some of these jobs I’m like Hmm, they have jobs for this? You just don’t always think of them as job options but rather investments alone.

[@ortenciafigueroa2782]

No.quiero.maestros.de.clases.y.que.busine.cursos.maquey.yo.se.todo.eso.oky

[@sanysany]

@noahkagan, this interview was my favorite of all the interviews you had. This guy is so relaxed and speak with his heart. Kind of feel him 🙌🏽 awesome job Noah

[@Technique1995]

It's ironic people like him who are making alot of money are so relaxed and low key whereas the scammy online guru are loud AF as if they got Billion Dollars inside their drawer

[@laughingoutloud3713]

well generally extroverts sell better.. and they‘re compansating their lack or skills with loudness

[@goldenretriever4330]

There’s multiple ways to hustle and multiple ways to flex or hide wealth

[@friendlyplayer92]

​​@@jamesjennings3108 need those things only if u need to impress someone or have low self esteem. Nothin wrong with that tho

[@ImmyYousafzai]

How do you know he actually makes that much? Why have you assumed that its the truth? 😊

[@litarmleka3511]

That's because every time he collects the margin, someone's child die because of poverty or bombing. Remember that every time you turn up your v8 engine

[@dontwastemytime172]

Chum Lee made it out man

[@MrCyberamp]

😂

[@infernogamers168]

😂😂😂

[@coldhands2802]

Chum Lee is prob way richer than this dude

[@M.E.G.1-03]

@@coldhands2802nah dude In this video is definitely richer well at least I think he is because if you watch the full video of this he says he’s on his way to making his first billion dollars.

[@mattjcrane]

@@M.E.G.1-03 Anyone can say that lol 😂. You could say it. I could say it. Hell we are all on our way to making your first billion!

[@MaxxingMoney]

He’s talking about Futures contract, very risky especially if heavily levered. Not to mention that NatGas is one of the most volatile commodities you can purchase.

[@nunobritoo]

That’s the point. They got extremely wealthy due to the fact that it is a volatile market and they were able to predict it.

[@ValhallaSaint]

@@nunobritoopredicting the market will be volatile doesn’t make you money unless you buy future contracts on the VIX. This dude is lucky and parading him around like trading futures contracts is some get rich quick scheme is dangerous. Stop talking out of your ass and think before you speak.

[@abgta7286]

Levered no lol. Leveraged is the word. In the US you need a large margin to trade so he had a lot of money to begin with which more than likely tied into why he was so keen on being high risk on NatGas.

[@theepicurbanhippie143]

My thoughts exactly. All my money is down 70% bc I invested poorly in ARKK and weed stocks. Now I’m fubarred

[@nmejias370]

If you are looking for safety, energy trading isn't the right place for you, friend.

[@caniripurjuul8142]

Dude went from trading collectables at a Vegas pawnshop to oil futures, gg

[@eoinlowry5075]

😂😂😂😂

[@eoinlowry5075]

This needs more likes

[@royalcultureX]

Lmao this the elevation of chum!

[@Black_Jesus3005]

Both those multi millionaires are unassuming. You’d never know they’re rich af if you saw them in public. Love it.

[@ImmyYousafzai]

So the point of being rich is to look poor? 😂

[@sukaenacornelius9285]

Thats alot of people. Not everyone cares to be showing off.

[@lightless]

I got a friend like that. One of the nicest people too

[@21borders15]

@@ImmyYousafzaiIk, like why is everyone trying to make any more money than they need when they were broke if they’re not going to use it to upgrade their life. Looking poor shouldn’t be the default

[@sython8188]

@@ImmyYousafzai only poor and middle class people care about ‘looking rich’. The actual rich people don’t care what anyone thinks about them and that’s why they’re rich. If you had 100 million why on earth would you want everyone on the street to know?

[@bene989898]

The large commodity traders don‘t do bets. They just stand in between parties with their network and get the price difference.

[@mrwojna]

I don’t wanna bet. You could be interviewing the guy on the other side of his trade that lost his first million at 29. I need steady, ready, cash flow. Not sure what the ready part was for. It just rhymes so I wrote it.

[@kelsisco]

Ready as in liquid and accessible. That word works definitely

[@mrwojna]

@@kelsisco you’re right! 😍

[@samricher]

You picked the wrong industry for steady money 😅

[@Alexander0888]

Mac miller instrumental, love it 💯💯💯🐐

[@whalepoacher196]

What’s original title?

[@Alexander0888]

@@whalepoacher196 Mac Miller- Congratulations

[@ngabc]

This

[@JuiceAddiction]

Rip

[@IsaacShelp]

it’s probably a sample

[@UndefinedStasis]

Dude is essentially investing, or what i would call betting, on futures contracts in one of the most volatile sectors. EXTREMELY RISKY

[@Man-u-flex]

Why is it so risky ? And how many x gains can you make

[@AndrewUSA]

This guy is just full of energy

[@Iburn247]

Shortly before covid nat gas was already hitting unnatural lows and yes people absolutely made bank on the rise. The stock market is a gift

[@joshhoffman2628]

It’s such a good problem to have: knowing building wealth is a skill but where do I start?

[@xxxxxxx6393]

Study markets economy everything u find, and voila🎉

[@codtv1566]

He’s talking about futures contracts and he is 100% correct very easy to identify market cycles with commodities like these.

[@thomaschexmix643]

How to Make Banana Nut Muffins Mash 3-4 ripe bananas in a large mixing bowl with a fork. Add the melted butter and stir them together with a wooden spoon. Stir in the sugar, egg, and vanilla, then sprinkle the baking soda, baking powder, cinnamon, and salt over the wet ingredients and stir to combine. Add the flour and nuts at the same time, and stir just until no streaks of flour remain. Divide the batter between 12 greased muffin cups and bake at 350 degrees F for 20 to 24 minutes until golden brown.

[@thomashopkins9346]

@@thomaschexmix643 Fucking Golden. Golden fucking brown.

[@Timtimzi]

I don’t understand. I trade stocks options. Never heard of energy trading

[@codtv1566]

It’s called future contracts it’s the derivatives market

[@felipemldias]

Isn't it also mega super dangerous also?

[@mrpips2874]

I love trading gold but I never thought about trading natural gas gonna make me go check that chart out asap

[@lightweight3908]

I can give you this advice, master one market and thats it. You have to be disciplined.

[@51234ad]

You are gonna be as bad

[@jonathansoto9079]

Natural Gas isn’t as simple as the chart “experts” make it out to be. Natural Gas and many other commodities like crude oil and electricity are heavily influenced by geo-political factors that nobody can foresee. Not to mention demand for Natural Gas is cyclical and heavily dependent on seasonal patterns.

[@51234ad]

@@jonathansoto9079 shut up bro

[@superuser8636]

@@jonathansoto9079ok, so write a function that accounts for seasonality trend

[@lampwhite8855]

Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!

[@lampwhite8855]

She's OLIVIA SULLIVAN FINANCIALS

[@toralayous8500]

Best life changing advice is to pick a good financial mentor and let them guide you towards wealth. This really saves you from loss and time wasting. I am glad I know Olivia Sullivan.

[@kevinandrew8932]

Your right, people make money even when the market is down. I started investing recently and realised there's a secret to constant wins .

[@Tommylee207]

Scammers

[@Ho3bust3r]

Most futures traders get wrecked faster than stock traders

[@LamaKING21]

sighhh... smh. read more

[@dennykeaton9701]

True

[@earl12121]

And then once they lose, they just make dumb online trading classes for it 😅

[@resiliated9326]

yeah if ur low iq dont try this 😋

[@maderastuff]

We found the mutual fund investors! Yall please just stick with your salary jobs, some folks can trade others have to get jobs. No shame in being proud of your competitive wages with 401k match boys lmao enjoy working til your 70s 😂 I hear you'll meet really good friends at work?? Who also cannot afford to retire. Idk I never really understood you hourly people. Peasant goals for peasant futures. Did you see that pun???? Write that up in my quarterly evaluation, bet I deserve a promotion for that. Hourly clowns

[@Openup0911]

Spent some time say trading and luckily had somebody teaching me that was incredibly successful. I'm no big fish in that sea but the side money is enough to pocket some then keep the rest somewhere in the market to play with. I'm just too scared to pull the trigger and drop over $1000 on a bid even when I'm comfortably sitting on more.

[@Mir2Nastyy]

How would a person get into that? And any advice on if joining crypto is worth it now, or any good money investments

[@26yearoldboomer7]

Trade prop firm money

[@123string4]

@@Mir2Nastyycrypto is dead, commodities are the next big thing and probably will be for the next couple years

[@c1bb359]

@@Mir2NastyyI wouldn’t believe what the other guy said, crypto isn’t dead just do your own research on the right coins and stocks

[@Mir2Nastyy]

@@c1bb359 where’s a good place I can review and research any books or articles you know of? Also would getting an accountant or investors that can’t help me get on the path of crypto or is it better to go at it alone?

[@abasis.baruti9819]

I know where I'll be when the markets open on Wednesday.

[@dont.ripfuller6587]

Unemployment line? 😂 Jk

[@morehn]

​@@dont.ripfuller6587no, in bed, like every other day

[@Stratego-rb3ls]

😂😂😂 they really trying to recruit gas traders to steal their money

[@tk_presidential]

Lmfao facts

[@flynhawyn7755]

Thank you for saying "bets" bro, cause that's literally what trading is. Gambling.

[@Hascienda27]

Try making them see it that way

[@maknavickas]

The amount of economic activity devoted to speculative trading in the west is absurd and needs to be addressed. Congrats to this guy, but the whole sector is a disease that will kill the host if left unchecked. The reason is that the best speculators will learn how to profit the most off of chaos and destruction of productive industry, usefulness to society at large needs to be a metric that is also considered.

[@sonnyridgewell]

Daaaaayum....Chumlee from Pawn Stars did real good!

[@woogieboogie3889]

Trading anything can be extremely profitable but the shit that runs the world is the best. Its a lot of work, lots of staring at a screen, lots of reading, having an understanding of how our civilization actually works but you can do it and dont need that much to start. Youll be making pennies and dollars at first but once you hit escape velocity 🚀

[@Fiho.Medeiros]

can your point me in the right direction on who to learn from and what web pages should I trust and watch thank you

[@theamaturepro]

I was trying to figure out who that guy is and what I know him from. Never would have guessed chum. He crossed my mind, but the guy talking here is such a different, better person I convinced myself it couldn't be him. I'm very happy to be wrong. That guys life is one hell of a story

[@JoJoShabbaDabbaDooDoo]

RIP Chum Lee

[@richardtyler6472]

Wait chum lee died?

[@Skrimpish]

Its probably a better casino than an actual casino to bet at. Provided you don't bet during a rug pull

[@CoBrAToRcHStream]

Don't forget you can lose it all really quickly too. You can not see the future and it can happen very quickly.

[@nw7654]

You can see the direction from leading to read charts. I was doing very well in it until my self sabotage kicked in

[@pete5377]

Energy trading is fun. But it gets better when you trade levered energy etfs. Truly a casino

[@W1HURI]

Trading binary on gold, energy, stocks, oil, forex etc all works the same

[@vladlenvronsky]

This was awesome ❤️

[@monstersabin9354]

Spread is too much on natural gas

[@alexgarcia6267]

Don’t trade $Boil. They call it the widow maker for a reason.

[@Plaxer02]

where there are winners are also losers, so thats is nothing you shouldn't forget. Its all a gamble, but of course you can be lucky

[@BlaBla-rx7lx]

I’ve tried trading gas futures and I just can’t for the life of me. I’m glad it worked for bro

[@derekderek2570]

No way it’s as easy as “up in summer, down in winter”

[@jackstoltz1379]

I love how all these people say they became millionaires so easy doing this or that but leave out the fact that they didnt start out with a hundred dollars in the pocket like the rest of us lol... Yeeees my money has went up ten fold. I now have 1000 dollars after a few years 😂😮😂😊

[@TrueWealthFinancial]

So inspiring!

[@richiehustle]

It is ironic that people actually believe this.. “you can trade”.. no you cant, and no one will let you use their money to do trades if you re a guy from a street

[@jackm4307]

If your trading natural gas you have a salary of 200k, that’s such a bad statement, no way to measure that

[@royalttbenz8658]

Im about to start trading after a few years of learning how to trade , so I can leave the streets alone & keep my hands clean for good . Loyalty&Blessings

[@Girtharmstrong69]

Hows that working out ?

[@SS-ug1qy]

Are u dj Khaled

[@SineDeus]

he made hist first milion by trading natural gas......from thin air or what? where did he had the money to buy it in the first place?

[@danarobinson6156]

Absolutely 💯 True ❤

[@carsandstuff365]

US a crude oil trading is really good .. great point value , small spread , and it moves a lot ..

[@SOURJDADDY]

Finally a guy you can actually believe.

[@TheBajamin]

Literally gambling. For every one guy that got rich 100 guys lost everything.

[@realauxy]

Everything is mostly gambling and omg someone lost something cause of a false decision its normal who cares if you can't lose it don't fucking bet

[@cheeseface6328]

Yep

[@deyaniraletusworktogether]

I was going to ask this because it also seems like gambling to me…and I wonder if it affects the prices we pay in the end because if it does then this has to stop…making a career out of hurting people and our world definitely leads to mass depression and unfulfilled lives…fulfillment and Inner Peace only come from doing things that nourish ourselves, each other and our world.

[@SeabassOchoa]

Y’all definitely have never placed a trade

[@maderastuff]

It's literally trading. That's like a garbage man calling flying an "adventure". Bro please stick with whatever your day job is. Smdh

[@danb.777]

I remember a few years ago they found the motherload of Natty in Qatar I believe I wanna say the estimated amount was in the trillions of cubic feet. The whole oil and natural gas thing is a racquet, the fact is we have enough oil and NG to last more than the next 100 years easily.

[@leecrawford2843]

I’d rather trade in the solid. Well that’s what I’m doing bat the moment. Still a gamble of sorts but I’m just networking the deals.

[@Butters-_]

Tough trading futures on crazy volatile commodities. Most lose their shirt instantly and quit

[@paddyj7690]

Just like forex and commodities trading. It's riskier than going to a casino.

[@Elghast]

“Let me talk to an expert about natural gas” … “You know Chum, natural gas is VERY old i mean we’re talking dinosaur time” “Far out dude, since I was a kid i always LOVED dinosaurs so this is right in my ballpark”

[@clubrob1]

How

[@KOl-xj4jt]

gas unlimited not oil, gas air biogas

[@swarmy9459]

Oil and gold for life

[@zoransavio5110]

I going to sell my poor condo, rent a van for a couple months before i start to make millions. Thank you so mutch. I be third person on your chanel.

[@tommivirolainen1886]

Wish we had a world where ppl doing actually beneficial work made money and not useless online clickers

[@PristineReviews]

Why this guy seem actually trustworthy

[@M93BQzz]

Alex kharmozi

[@alfredodiego3920]

I’m just like him fr I trade forex and I’m on track to my first mil by 29

[@sergagu9221]

put me on pls

[@mistertexaz]

Lol sure you are. Forex is another way to make millions easy right

[@BigmanTingyh]

Silent Jay is doing so well for himself

[@garrettkelly5568]

He got lucky thats it .. somebody has to win the lotto

[@luisurena1770]

That's it. I am trading energy and gas

[@nw7654]

Be very careful

[@El-Padre-Rafa]

Love his Hat 🧢 😂

[@pigsonwings]

THE SUN DON’T SHINE WHEN I’M ALONE

[@Gmexican]

This is the people that play with the market and cause all these major issues that affect a lot of people

[@thehoov6672]

So basically he explained ANY type of market trading. Being in gas or oil is irrelevant.

[@user-ul1ku1ds9d]

I trade natural gas and oil on futures and let me tell you, you.need to be careful. Brackets or risk management are needed. I put my phone down jumping in and maybe 30 seconds I was down 1,045 dollars and had to close the position. Just from being lazy. People say you don’t need deep pockets for futures…maybe to play but you need capital to be a real player. It moves so fast…so fast you can’t react except when it’s to late. Good luck and hope you all make a ton. I just want Rolex money baby…The Milkman

[@MrLegovas]

He says he was making bets on whether price will go up or down. So basically he was gambling, right? Maybe there was more knowledge and skill involved than chance, but in principle its a gamba

[@marquesjones3411]

Background piano like this is his anime backstory

[@Carsnbikes73]

If it was that easy, everyone would be doing it.

[@PO-sw7in]

It like being in shape anyone can do it but most won't

[@Queen.Sindel]

Ive seen this episode on that tv series "billions" they trade em... didnt know its actuallly a real thing

[@TheUnFairAdvantageCrypto]

Damn chumlees killin it

[@cryptoloser93]

NG1 babyyyyyyyy!

[@Nonsense116]

So speculating on commodity futures... Hmmm ..... Thats never gone sideways in history.

[@eirikmb]

see we dont hear about the real trades that don't need to make money from a course

[@alc6269]

Incredible how much profit can be generated by work which produces nothing of value

[@alexanderharrell8780]

What ticker is natural gas futures? I only trade Nq because of the way it moves. Never really looked at energy

[@LONGISLANDSKATING]

How do I get into this ??

[@lightweight3908]

Study about the markets dude I highly suggest search on youtube how to trade crude oil and find some mentor that is not flashy or selling you a life style.

[@mnunley010]

@@lightweight3908I’m not original commenter, so pardon my butting in here, but is there a platform or app one can “practice” this? For example I heard on I think WeBull you can “pretend” trade with fake money but I’m not sure if you can do this with futures. Any suggestions? TIA.

[@dfsfssdfsdfs3084]

@@mnunley010you can paper trade on almost any platform that allows real trading. Tc2000 is free and kinda good for paper trading

[@ProducerGio]

Also have a lot of money to lose

[@andyluis13]

Where can I trade natural gas? Is there like a session (New York, London, Asian)?

[@jaibahadur34]

First guy made money through electricity trading

[@blahizake]

If Alex Hormozi and Chum Lee had a baby:

[@spontaneousbootay]

Legit lol

[@hilcobosman8736]

The other guy was also very smart and interresting follow up please✌

[@armyaj]

It's called trading futures can do it just like stocks

[@rorycook861]

You trade on natural gas, what does that mean? “You can like erm bet your money if it goes up or down. People make lots of money”. 🤥

[@Timtimzi]

I don’t understand. I trade stocks. Never heard of energy trading

[@vedantchapale1262]

He means to say Commodity trading

[@fayekmuhammad]

He means trading usoil crudeoil,gas

[@Giggidygiggidy12]

and you never will with that hair stuck on your avatar, lol

[@chris-cy5ed]

Its energy stocks ,like Gas oil etc.. like trade tech stocks f.b. google b tesla etc.... Tesla is semi energy companies

[@FreezeGopher1]

Utterly useless industry. You can’t take a position if you don’t intend to take delivery.

[@mr.futurestrader2115]

If you’re good at it lol. Good luck. It moves $10 a cent.

[@TheYaegerjeusmc]

Driving unnecessary volatility.

[@octavianskies]

Alex Hormozi before calves day (love both these guys btw)

[@Man-u-flex]

Alexander the Great did conquer it

[@sleepy_head3748]

Are they taking about commodity trades or the actual trade in natural gas and crude oil

[@spontaneousbootay]

Commodity markets

[@oceanwave4142]

Ok show please show us who made a billion before from that, they must have the OPEC on auto dial or something lol

[@cliffremsen]

Frikkin crazy.

[@DetailingTurzovka]

The first person from the plane video traded electricity.

[@aliasone9827]

Yeah but one thing you probably missed ..he was a nuclear engineer for Navy..he must be very technically gifted ..his engineering background must have helped in identifying a pattern in electricity markets ..some insides that very few people know.

[@steve410]

Where can i place the bet if it goes up or down? Someone make a video on it

[@lukaszstaniec]

They call it the WIDOW MAKER for a reason.... hedge accordingly

[@marcfranco6885]

So there the middle man in the deal? Same as with oil and pretty much 80% of sales?

[@pomzakstorck2360]

what hes talking about is extremely risky

[@austinrodriguez164]

Or you can lose all your money