DeCarley Trading Press
Learn to trade commodities with DeCarley Trading!
DeCarley Trading works hard to provide clients, and prospective clients, with quality trading education, research, and commentary. Here you will find a compilation of articles and videos intended to educate our followers regarding potential trading strategy, market theory, and analysis techniques emphasizing the risks and rewards. We'll also use this forum to post press appearances, radio interviews, etc.
Crude oil is crude during the holidays.
Futures and options broker, Carley Garner, spoke with Abigail Doolittle of Bloomberg Television about the WTI crude oil market, volatility, seasonality, and how to play the upside with a limited-risk option spread.
OPEC+ is right; the recent crude oil sell-off can be attributed to speculators. However, the critical point they are leaving out of their narrative is that speculators incorrectly priced the impact of OPEC+ supply cuts and later erroneously bid the price of oil higher in anticipation of Middle East supply disruptions. The liquidation of those positions by bullish speculators drove prices lower, not speculative short selling.
Carley Garner and Scott Shelady discussed Technical and Fundamental Analysis on Cow Guy Close
There are multiple schools of thought on market analysis; the primary forms are fundamental and technical. Commodity broker, Carley Garner, joined the Cow Guy Close to share insights into chart analysis and market positioning.
Commodity Industry Veteran, Carley Garner, Spills Tea with Pitnews Magazine
You are approaching two decades of brokerage experience; how did you get started, and what has kept you in a business that is infamous for attrition?
I didn't set out for a life in commodities from the get-go. Like most young adults, I was forced to choose a life path before I was ready. As a result, it took me nearly eight years to acquire two separate college degrees; transfers between schools and changes of majors delayed the education process, but looking back, it was the only path that would have taken me to my destination.
Upon graduation, I looked forward to "adulting" in the office environment I had envisioned in my head (probably derived from what I had seen in the media), but in reality, it was 12 or more hours per day in a smoke-filled office that smelled of Italian food and sounded like a men's locker room. Yet, I wouldn't have it any other way. That cutthroat and gritty environment forced me to grow the thick skin needed to survive once I ventured out on my own. I was also allowed to observe all aspects of the commodity brokerage business in such a way that I developed a sense of both how to do things and how not to do something. It was the perfect start to what eventually became a lengthy and rewarding career in commodities. Against all odds, we started DeCarley Trading in August of 2008 with a few desks equipped with midgrade computers in a spare bedroom of a tiny house.