DeCarley Trading futures and options broker, Carley Garner, explained to Jim Cramer, the host of CNBC's Mad Money, an $80 handle in crude oil futures is as likely as a hockey team from the desert making it to the Stanley Cup Finals in their inaugural season!

The Vegas Golden Knights might be playing for the cup against all odds, but crude oil futures probably won't fare as well in its attempt to buck the probabilities.  As we explained to Jim Cramer on Mad Money on CNBC, we believe crude oil has a far better chance of seeing $55 before it sees $80.

Cramer's charts show there could be more pain ahead for oil from CNBC.


View this video clip to find out why being long crude oil is an overcrowded trade facing swift technical resistance and vulnerable to recent changes in the currency markets. 

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.

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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.

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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.

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Choosing a Futures and Options Broker

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

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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.

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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.

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