Isn't that exactly what the FED wants for their investing?
Karen the "Supertrader"
- Thread starter drmark27
- Start date
Isn't that exactly what the FED wants for their investing?
Good for her , and you here with all the fancy charting , and bs , she is one sharp lady , live and learn.
I am actually surprised how open she is about the strategy. Watching the videos and with a little option experience, it can be recreated fairly well. You would think that one with a killer strategy and results would be more secretive....
Anyway, since somebody asked:
Well, I do. It is rather irrelevant compared to her fund managment, but it would show giant ballsiness and improvement if after 5 years of nothing she suddenly not just upped the account 10 times, but right away did a 50% return.
Anyway, since somebody asked:
Well, I do. It is rather irrelevant compared to her fund managment, but it would show giant ballsiness and improvement if after 5 years of nothing she suddenly not just upped the account 10 times, but right away did a 50% return.
shes selling lottery tickets.. like the local ..7 eleven.
haha but the diff is that the local 7-11 doesn't care if someone pays $1 and wins $100 million but she probably would care if she sold a bunch of outs for pennies that are now worth $10.
interesting how she started in 2002 - i wonder what would have happened to her superior strategy of selling puts when the market reopened after 9-11.
Not without some very specific explaining.
You can't have the S&P get cut in half and not blow up when you are picking up nickels in front of a steamroller...unless you have some rules that help you step away. Maybe that's the case, but I didn't hear that or see anyone elude to it here.
Either Taleb or Neiderhoffer once said..."When the school marm starts dancing on the table, it's time to leave the bar".
It could be pure luck. Some folks have lots of it in the market.
surf