Webinar: Carley Garner on Trading Options 101 - Basics - Options on Futures | futures io social trading
futures io futures trading


Webinar: Carley Garner on Trading Options 101 - Basics
Updated: Views / Replies:6,679 / 19
Created: by Big Mike Attachments:0

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 
Thread Tools Search this Thread
 

Webinar: Carley Garner on Trading Options 101 - Basics

  #11 (permalink)
Elite Member
Bay Area California
 
Futures Experience: None
Platform: TT T4
Favorite Futures: Futures
 
Posts: 711 since Nov 2011
Thanks: 630 given, 734 received

Looking forward to the recording, for anyone that is considering buying the book, the kindle version is only $2.51 right now.

"If I agreed with you, we'd both be wrong."
Reply With Quote
The following user says Thank You to addchild for this post:
 
  #12 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,887 since Jun 2009
Thanks: 29,110 given, 81,704 received

Tip


The recording for the webinar has been posted:

Webinar: Carley Garner - Introduction to Options Trading (Futures)




Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 4 users say Thank You to Big Mike for this post:
 
  #13 (permalink)
Membership Revoked
LA, California, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL,ES mainly
 
Victory Trader's Avatar
 
Posts: 531 since Sep 2011
Thanks: 205 given, 373 received

Great webinar!!!!


Actually have been looking at getting back into trading options... Was wondering if there was a place where we could get realtime options quotes etc say for CL/OIH etc where a trader could practice trading options.

Reply With Quote
 
  #14 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,887 since Jun 2009
Thanks: 29,110 given, 81,704 received


Big Mike View Post
Congratulations to the five winners of the autographed books:

@pam421, @BollingerBob, @lasker98, @Acqua, @fear429

I will get with you shortly to arrange to get the books to you.

The recording of the webinar will be posted sometime tomorrow.

Mike

I am still waiting for a reply to my PM from @pam421 and @BollingerBob. Please reply guys, so I can get the books to everyone else.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #15 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,887 since Jun 2009
Thanks: 29,110 given, 81,704 received

I've sent the info to Carley for everyone but @pam421 who did not respond (so far). You guys should probably receive the books within 2-3 weeks.

Enjoy

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #16 (permalink)
Elite Member
Boston, Massachusetts
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP/NinjaBrokerage/Continuum/Rithmic
Favorite Futures: ES
 
Posts: 287 since Jun 2011
Thanks: 1,285 given, 1,101 received

Thanks to Big Mike and Carley for a terrific Webinar. Looking forward to the next one!

Reply With Quote
 
  #17 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,887 since Jun 2009
Thanks: 29,110 given, 81,704 received

Carley Garner will be back on Monday, February 25th @ 4:30 PM ET for a webinar on Options 201 - Spreads and Strategies. Details here:
https://futures.io/options-cfd-trading/26008-webinar-options-trading-201-spreads-strategies-carley-garner.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #18 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,887 since Jun 2009
Thanks: 29,110 given, 81,704 received

Carley now has an AMA thread located here:
https://futures.io/brokers-data-feeds/26309-decarley-tradings-carley-garner-senior-strategist-broker-ask-me-anything-ama.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #19 (permalink)
Market Wizard
Cleveland, OH
 
Futures Experience: Advanced
Platform: QST
Broker/Data: QST, DeCarley Trading, Gain
Favorite Futures: Options on Futures
 
Posts: 2,551 since Jul 2011
Thanks: 724 given, 4,384 received
Forum Reputation: Legendary


Cloudy View Post
I saw that "Mad Money" segment by Cramer on Carley Garner's nice looking analysis of Crude. Didn't realize it was the same lady for the upcoming webinar until I saw the tweet. It looked like a futures trading show for a while. Interesting idea about COT reports' extended floating at >200k could be followed by a severe selloff.

 
 
 
 

Carley, in this video, said CL could go down to 80. She was close. It dropped to 84.

She also said it could go up to 97. Where did it peak since the video? 97.

Good job.

Reply With Quote
The following user says Thank You to ron99 for this post:
 
  #20 (permalink)
Elite Member
dayton, oh
 
Futures Experience: None
Platform: self rolled
Favorite Futures: CL
 
Posts: 1 since Nov 2015
Thanks: 3 given, 0 received


I hope it's ok with the forum rules to reply to an old thread but I had a question about a specific item mentioned in this webinar.

She gives the example that one use for options is to limit your risk and not need to use a stop.

In her example, she says you might go long in a futures position while at the same time taking up an opposite position with an option. Then, you don't need to worry about your stop getting hit, because there is no stop.

In the example, she says you might limit your overall risk to $500 with the option, and if the futures position goes very high then you have potentially unlimited reward.

In other words, you buy a protective put for $500. It sounds to me like this has thee effects:

1.) It's as if you were using a $500 stop (or 50 ticks on CL) which got hit as soon as you entered the trade, except you get to stay in the trade and if it goes up beyond 50 ticks you start to make money.

2.) If your trade doesn't go 50 ticks you're in a loss

3.) In order to get to a 1:1 risk/reward you need CL to go a full 100 ticks. 50 to pay for the insurance and 50 to complete the 1:1 ratio

Is this a correct way to look at it?

Reply With Quote

Reply



futures io > > > > Webinar: Carley Garner on Trading Options 101 - Basics

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May
 

Prototyping Python Strategies (part 2: Backtesting) w/Ran Aroussi [special time: 1PM ET]

Elite only
 

Portfolio Diversification w/Brendon Delate @ Diversify Portfolio

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Carley Garner / DeCarleyTrading.com / CarleyGarnerTrading.com Big Mike Brokers and Data Feeds 24 February 9th, 2017 07:51 PM
Bugs Trading 101(Techniques,Setups etc) bugsbunny Trading Journals 82 July 19th, 2012 10:03 PM
Webinar Trading Video: Live Trading and Technical Analysis of EuroStoxx 50 max-td Vendors and Product Reviews 1 March 13th, 2010 06:35 AM
Webinar Trading Video: Petere Devaere - Scalp Trading max-td Vendors and Product Reviews 1 March 10th, 2010 05:04 AM
Webinar Trading Video: Sebastian Hell - Actionlines – Trading direkt aus dem Chart! max-td Vendors and Product Reviews 1 March 10th, 2010 04:55 AM


All times are GMT -4. The time now is 02:21 AM.

Copyright © 2017 by futures io, s.a. Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-05-24 in 0.11 seconds with 19 queries on phoenix via your IP 54.162.184.185