At Power Cycle Trading™ Larry Gaines provides top quality trading education to level the playing field between the pros and everyday traders after brokering and trading commodities and the financial markets professionally for over 3 decades.
He started his career trading tanker cargoes of foreign crude oil for a leading NYSE oil company in the 1980s in their Houston and Singapore offices. He quickly advanced his career to become Executive Vice President of one of the largest international oil trading companies in the world. In this position, he managed their international trading for over ten years from their headquarters in Bermuda.
During his tenure, Larry traded and managed billions of dollars' worth of oil, foreign exchange and financial market derivatives, including futures and options. It was common for transactions to total over a billion dollars in a single day. Larry's trading group was one of the first to trade over-the-counter options on cargoes of foreign crude oil, including millions of barrels worth of north sea Brent crude oil options.
After leaving full time employment at midlife, Larry worked with several hedge funds on a consulting basis. He set up an “over the counter” crude oil options brokerage desk for the world’s largest privately owned oil brokerage company.
Missing the stimulation of a trading room, Larry launched PowerCycleTrading.com in 2009 to teach others how to trade options.
Larry had experienced firsthand the comradery and focus in a trading room vs. trading alone. Therefore, he began providing ongoing support in his virtual trading room where he still teaches most days along with the Power Cycle Trading community.
He quickly saw most individual traders were hurting their results from improperly managing risk so he focused on two things to help increase the probability of successful outcomes while controlling risk and lowering capital outlays.
First, he developed a disciplined trading method using a price cycle trading system incorporating his decades of trading expertise. The model now easily integrates with all major brokerage platforms for trading stocks, ETFs, options, Futures and even Forex. Day traders, swing traders, and longer term investors adapt the model for their desired time frame.
Second, he focused on teaching traders advanced option strategies (other educators shied away from) that do a much better job managing risk than simpler strategies (such as naked options and covered calls) even though they can be a good place to start with demo trades or minimal capital.
Larry states there is an ideal option strategy for every type of market, whether bull or bear. Through his newsletter, webinars, and programs Larry guides traders on the best strategy to use in various market environments.
Larry is honored to have served well over 1,000,000 traders in his programs, webinars and trading club, many of whom have been clients for years. He never imagined such a fulfilling “early retirement” awaited him.
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Camille Gaines, Co-Founder of PowerCycleTrading.com, bought her first mutual fund in an IRA at age 22, and has been investing ever since. Her early career as an accountant, responsible for the accounting of energy trading and related futures at a NYSE corporation, drove her to flee the corporate world to become a commercial real estate broker after she established the first digital database of Houston shopping centers in her late 20's.
Missing the mental stimulation of work after moving to Bermuda a few years later, she immersed herself in becoming the "family investor" enjoying Value Line Investment Survey, Morningstar, and even "Barron's on the beach" pre-internet to learn and make security selections. Camille's mentor and inspiration was her father, who had comfortably retired early following his purchase of municipal bonds selling at huge discounts and paying up to 25% tax free interest.
After returning to the US, Camille and Larry decided to wing "early retirement" (years before it was trendy) so they could live near family. This resulted in alternative income investments including oil partnerships and real estate rentals after deciding they didn't want to rely only on paper assets (stocks and bonds) to sustain them for life. During this time, Larry's corporate consulting for option trading grew to a full time level, often requiring less than ideal travel time away from family.
In the meantime, Camille married her fascination with online innovation and investing to start a financial education website in 2006. She began financial coaching and eventually became an AFC (Accredited Financial Counselor). Her work, however, is based what she’s learned investing in just about every asset (except crypto) over the past four decades through bull and bear markets, both alone and through financial advisors and even select hedge funds.
Camille’s work focuses on achieving optimal returns with risk management in alignment with individual financial goals that are based on desired lifestyle and unique skills vs popular cookie cutter formulas.
Her approach is a much needed update to the conventional practice of buying and holding stocks and bonds regardless of economic conditions and financial markets based on an oversimplified asset allocation template.