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    Karen the "Supertrader"

    I am leaning toward believing that Karen is legit. I don't want to say anything negative about her. But unfortunately, documents like those cannot prove Karen's investment results. Many investment gurus (who were later discovered as Ponzi schemers) took client deposits and started or contributed...
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    Karen the "Supertrader"

    I think I'm going to take back what I said about Karen and TastyTrade for now. I spoke with an options trader I respect and he had taken a pretty hard look into Karen's case a while back and said she has averaged around 20% to 30% over the last 5 years which is actually not that unusual for a...
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    Karen the "Supertrader"

    Apparently her name is Karen Sue Bruton and she is founder of the charity 'Just Hope International' and is listed as president of 'HOPE ADVISORS LLC' at: http://www.nfa.futures.org/BasicNet/Details.aspx?entityid=9VPANMdQyO8%3d So, she is a real person. However, this does not prove her...
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    Karen the "Supertrader"

    Thanks man.
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    Karen the "Supertrader"

    I am also sick of TastyTrade trotting out this woman without providing verified, audited returns. Many successful fund managers are happy to provide audited returns to attract more client money. 20% performance fee on 5 billion dollars is a heck of a lot more than 20% performance fee on 100...
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    Blocked from trading by 'Pattern Day Trader' restriction...

    I think I'm just done with equities. I was hit by an overnight gap (gaped strongly down at open) about 2 weeks ago that robbed me of a fat profit. Then, a few days later I was hit be yet another overnight gap that robbed me of yet another profit. And... now the T+3 bullshit. I think I've had...
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    Blocked from trading by 'Pattern Day Trader' restriction...

    Thanks. I emailed the SEC for clarification. I seems like I have been trading at will (multiple trades intraday as well as holding overnight) with zero problems and suddenly I am reduced to 'counting days' before I can buy something. It is shocking and totally confusing.
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    Blocked from trading by 'Pattern Day Trader' restriction...

    Thanks. I'll keep that in mind. Good advice. I'm really confused about the so called T+3 rule (or whatever the restriction is called) about not being able to quickly buy back a stock you sold that morning if you happened to have held it over night prior to selling it that morning. I've just...
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    Blocked from trading by 'Pattern Day Trader' restriction...

    Actually I'm not sure when account balances are calculated after intraday trades.
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    Blocked from trading by 'Pattern Day Trader' restriction...

    I did have more than 3 trades within the last 5 business days and I have been labeled a pattern day trader for about 2 months now. I was told that if you are a day trader and you hold overnight then sell... you cannot buy back those shares later that day. Something to do with the time of day...
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    Blocked from trading by 'Pattern Day Trader' restriction...

    Thanks. I do understand that requirement and my account exceeds that requirement.
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    Blocked from trading by 'Pattern Day Trader' restriction...

    Recently I was labeled a pattern day trader. "No big deal." I thought. I am not a day trader but sometimes I trade intraday. It just depends. As long as you have enough funds in your account this should not be a problem right? Boy was I wrong. What happened Thursday I bought 1,000 shares of...
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