061: All You Need To Know About Commodity Trading – Carley Garner

Carley Garner: All You Need To Know About Commodity Trading Show notes: http://www.desiretotrade.com/carley-garner/ In episode 61 of the Desire To Trade Podcast, I interview Carley Garner, a commodity and option trader. She is the woman behind DeCarley Trading, an award-winning commodity broker. Carley have been in the trading business for over 12 years and started with options from day 1. Carley mentions that option trading is done at a slower pace than other assets such as Forex, stocks, and futures. 90% of options expires worthless. We also discuss option selling, a way to make money on a higher probability with unlimited risk. As an option buyer, the risk is limited but the probability of making a profit is smaller.  Pieces Of Advice "Be fearful when others are greedy and greed when others are fearful." CLICK TO TWEET "There's not a right or wrong way to trade, just the one you're comfortable with." - @CarleyGarner CLICK TO TWEET Topics Covered – Carley Garner How being contrarian can make you a great trader Why optons are interesting to trade How to trade commodities How option selling works The biggest mistakes Carley made in trading (good anecdote!) The best to start trading options How to limit your risk with options Decision process of an option trader The main commodities traded by Carley The main mistakes beginners make (i.e. the lasting power) And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!