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Webinar: Carley Garner on Trading Options 101 - Basics
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Webinar: Carley Garner on Trading Options 101 - Basics

  #11 (permalink)
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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."
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  #12 (permalink)
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Tip


The recording for the webinar has been posted:

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




Mike

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  #13 (permalink)
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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.

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  #14 (permalink)
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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)
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  #15 (permalink)
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Futures Edge on FIO

Which products do you trade?

 
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)
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  #16 (permalink)
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Thanks to Big Mike and Carley for a terrific Webinar. Looking forward to the next one!

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  #17 (permalink)
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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?
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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.

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  #18 (permalink)
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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

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Need help?
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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)
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If you want
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  #19 (permalink)
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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.

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  #20 (permalink)
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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?

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