Karen the "Supertrader"

She makes an extra nickel but will blow up even bigger?

 

If you were this grandma making this kind of serious coin would you expose yourself as a promotion for something called "tasty trade" and make comments about fleeing to Mexico?

Only a real idiot or an actress would do such a thing as there is zero upside. surf

 

Sounds like something I used to do random entries not based on any sort of pattern and then unable to accept the initial position was wrong. So in essence once the position is losing she is taking a synthetic stop by selling the call. Only problem with this is when the market then goes back into the desired direction the short call becomes bigger and bigger thus snowballing the loser until enough time has passed. That is why I don't understand how she is "active"

I suppose by having enough capital she is using time as her edge.

Hey Karen pm me so I can set up a job interview I would love a piece of that pie.

 

riskaddict,

She has 5 traders watching things all the time on the SPX,
NDX & RUT (although she said the SPX is her bread and butter)
and they are all friends, so she may not need you...ha...ha.

On the video she claims only 1 losing month in all of 2011 and 2012 to date.
That losing month in 2011 was August, where she lost -4.5%
of account value, "but" 2011 finished up the year at +53% net.
She also said she up +30% net through the end of the third quarter in 2012.

My questions are: what about 2008-2009 (-52% SPX decline from June 30, 2008 = 1404 to March 2009 = 666)?, or didn't she apply these strategies that short amount of time ago?
"How in the hell could a naked put seller of the SPX survive a
-52% decline over a 9 month period of time?"

Enquiring minds want to know,

Jeff

 

What about fleeing to mexico?

 

jeff alvison states here:

http://www.elitetrader.com/vb/showt...700774&highlight=learning+spanish#post3700774

 

Who's PT Barnum in this situation and who are the suckers being born every minute?

 

TS kinda looks like a circus promoter. Maybe he's trying out his first big act?

 

Don't make too much of that line, she was just kidding.
If you watch the video, Karen and the interviewer were talking about how she survived the flash crash of 2010.
interviewer:
"lets talk flash crash may 6 2010?"
"
Karen:
I was practicing my Spanish that day because I thought we would be moving to Mexico...laugh...laugh"

Its at 17 min 50 sec to 18 min 15 sec of this May 31, 2012 interview:
http://www.youtube.com/watch?v=cXy9HoWX0es


Here's the longer interview from October 26, 2012:
http://www.youtube.com/watch?v=BquDGE9KxZQ

 

It's not good business for fund managers to make jokes like that. One never knows when 60 minutes , American Greed or the Feds are listening. :eek: