The Only Magic in Trading: Humility and Common Sense




There is a big difference between being right and making money. Trading success isn't necessarily determined by strategy, entry and exit points, or time frames; the true line in the sand drawn between winners and losers is determined by the ability to manage trading emotions. There are steps that can be taken to mitigate the impact of emotion on a trading plan; including the purchase of cheap weekly options to act as a backstop against runaway day trades and approaching the market with realistic expectations. Join Carley Garner, an experienced futures and options broker with DeCarley Trading, to discuss creative ways to mitigate tail risk in day trading using options, and in turn improve emotional stability in trading. Talking points will include:

  1. Steps to keeping a clear mind and proper psychological preparation for trading.
  2. Buying cheap insurance policies against trades on awry.
  3. Examples of panic-driven trading and tips to avoid being a victim.
  4. The most important quality of a successful trader.


Futures and Options Trading Booksby Carley Garner

What People are Saying about Our Commodity Trading Books

Choosing a Futures Broker and Brokerage Service

Full-Service or Online Trading?

The decision to trade online or through a full-service commodity broker will undoubtedly make a large impact on your bottom line.

Learn More

A Fair Commission Rate vs. Low Commission

To look at commission rates objectively, we must understand the background of the futures industry and how brokerages accept risk for fees.

Learn More

Choosing a Commodity Brokerage Firm

Deciding on a commodity brokerage firm is a significant decision and shouldn’t be taken lightly. Not all traders and brokers are compatible.

Learn More

Choosing a Futures and Options Broker

Most traders in search of a futures broker are concerned primarily with trading platforms, commission, and quality guidance.

Learn More

The Truth about Futures Commission

The goal of futures trading should be to MAKE money, not SAVE it! Discount commodity brokers cut corners that cost their clients time & money.

Learn More

Commodities via Futures or ETFs?

A key difference to trading commodity futures over ETFs is leverage, but there is more to discuss, such as taxes, market hours, and efficiency.

Learn More