OOPS. Your Flash player is missing or outdated.Click here to update your player so you can see this content.

Back to the Basics of Commodities Webinar

Written by DeCarley Trading LLC

Sunday, 20 September 2009 17:48

Getting Started in Futures with DeCarley and PFGBest

Click here to view a complimentary recorded archive of this class

Overview:

Revisit the basics of the commodity markets and what makes them a functional and necessary aspect of the financial markets. We will begin with a breif discussion of the key differences between the equity and futures markets; from there we venture into the relationship between the cash and futures markets, the role of arbitrage in market pricing, the concept of contango and carry charges, and the manner in which commodities are quoted.

Here is a list of the key points covered in this presentation:

Stocks vs. Futures
The Birth of Futures
What are Commodities?
Two Types of Commodity Markets
Futures Contract Standardization
Convergence of Cash and Futures Price
Why the Futures Markets Benefit Society
Hedging and Speculating in Futures
Trading Venues
A Closer Look at Leverage
Technical vs. Fundamental Analysis
Quoting Commodities

Click here to listen to the recorded archive of this class for FREE

* There is substantial risk of loss in trading futures and options

Last Updated on Thursday, 31 December 2009 07:35

Let us Help You!

DeCarley Trading is a Proud Member of :

Buy Carley Garner's Books

Trader's First Book on Commodities, A: An Introduction to The World's Fastest Growing MarketCommodity Options: Trading and Hedging Volatility in the World’s Most Lucrative Market

Adjusting Margin and Risk E-Book

New on CarleyGarnerTrading.com

No Account Minimum

Buy Carley's Latest Book

Syndication

Risk of loss in futures trading

Main Menu

Open a Futures and Options Trading Account with DeCarley Trading

Full Service or Online?

The decision to trade online or through a full service broker will undoubtedly make a large impact on your bottom line. However, the impact may or may not be what you had in mind. If you aren’t ready to begin placing your orders online on your own, despite saving money on commission it may be the most costly mistake that you ever make.

While commission is baggage, a slightly higher rate it may be worth every penny assuming that your broker is truly giving you what you are paying for…reliable and efficient execution along with quality guidance in strategy and analysis.

Choosing a Commodity Broker

Most traders that are in the market for a broker are concerned primarily with trading platforms, commission and the quality of information provided such as newsletters. However, if you are in the market for a full service broker, you need to take your research one step further. Not only do you need to find a firm that is capable of meeting your logistic needs, but it is crucial that you choose an individual broker in which you can properly communicate, are comfortable with their experience and most of all trust to help you on your journey to being a successful trader.

Choosing a Brokerage Firm

Deciding on a brokerage firm is a significant decision and shouldn’t be taken lightly. Before committing to a firm it is imperative that you research their services, experience, trading platforms and commission structure but more importantly whether your trading style and personality will be compatible. For example, a beginning trader shouldn’t look to a deep discount online brokerage firm simply because they likely won’t get the guidance that they will need as a novice. Similarly, a seasoned trader wouldn’t want to choose a firm that focuses on high-end service with a hefty price tag.

Order Commodity Options the Book

It isn't free, but it's close! If this book saves you 2 ticks, you've recouped your investment.

Click Here to Order Commodity Options through Barnes & Noble

Click Here to Order Commodity Options through Amazon

Click Here to Read Reviews of Commodity Options

Commodities are hot, as Jim Rogers would say. Stagnant stocks and the massive bull rally in raw commodities have lured much of the attention away from Wall Street and toward down-town Chicago. It is difficult to turn on the television or open the newspaper without being reminded of the impact that commodity prices have on our daily lives.

Traders are starving for simply written and comprehensive information on commodity speculation through options. Unfortunately, most option trading literature is focused on the equity markets. There are very few books written that cater to commodity option traders and even fewer that are capable of pointing out the differences between the two arenas and guiding traders through the transition from stocks to commodities. This is that book.

A Trader's First Book on Commodities

The Simple, Practical, 100% Useful How-To Guide for New Commodities Traders

Click Here to Order "A Trader's First Book on Commmodities" through Barnes & Noble

Click Here to Order "A Trader's First Book on Commodities" through Amazon

Before you trade commodities, you'll need significant practical knowledge of the associated risks and market characteristics. That's where this book comes in. You won't find boring theory or bewilderingly complex trading strategies here. Instead, you will find specific guidance on accessing commodity markets cost-effectively, avoiding common beginners' mistakes, and improving the odds of successful trades.

Drawing on her extensive experience teaching traders, Garner shows how to calculate profit, loss, and risk in commodities, and choose the best brokerage firm, service level, data sources, and market access for your needs. Garner demystifies the industry's colorful language, helps you clearly understand what you're buying and selling, and walks you through the entire trading process.