He is just covering sadly without proof and evidence all of tom points are just his words which are worthless , her investors lost a shh load of money and she is a fraud .
Karen the "Supertrader"
- Thread starter drmark27
- Start date
He is just covering sadly without proof and evidence all of tom points are just his words which are worthless , her investors lost a shh load of money and she is a fraud .
I criticized Tom years ago. He didn't ask the right questions in the interview, the "trade small, trade often" mantra, the lack of his strategies' performance record,etc. He basically is leading the public to the butchers with his option promotion.
Why can't they discuss her strategy itself? Forget the fraud part and just discuss the options the way like we do. Now of course the end result could be showing just how dangerous options can be. And that just shows the whole problem with his show. The average Joe doesn't need to know about or actively trade options. Except maybe covered call writing...
One comment I might agree with though. The biggest investor was in Karen's fund right from the beginning, so he/she also made big returns before the loss. So it is possible that over the 3-4 years period the overall loss was very little, maybe 10% or not even that much...
it was interesting to hear TOM sold TOS to TDA because of an ongoing SEC case, what the ?
She seems like a classic case of the "movie rogue trader" and barrings bank. but she might not have had a criminal mind going into it.
And from personal experience the media seems to go for shock value without providing a 2 sided platform. and these click sites reprint anything so it spreads unfounded.
it seems a tad premature to point fingers at her charity and good will.
i mean who doesnt trade the standard 8 day vs 10 day roll for a million contracts 2000 pts otm. HA
I wonder if TOS would have or ever did sell her out?
and who broke this story a whistle blower? disgruntled trader? X employee?
The real question is does TOM give her a platform to defend herself, or does he take cover and remove her videos from tastytrade?
She seems like a classic case of the "movie rogue trader" and barrings bank. but she might not have had a criminal mind going into it.
And from personal experience the media seems to go for shock value without providing a 2 sided platform. and these click sites reprint anything so it spreads unfounded.
it seems a tad premature to point fingers at her charity and good will.
i mean who doesnt trade the standard 8 day vs 10 day roll for a million contracts 2000 pts otm. HA
I wonder if TOS would have or ever did sell her out?
and who broke this story a whistle blower? disgruntled trader? X employee?
The real question is does TOM give her a platform to defend herself, or does he take cover and remove her videos from tastytrade?
TOM should have her on .. and ask her the hard questions
it would either distance himself from her answers .. or defend her.
but either way .. it would be a high rated segment
it would either distance himself from her answers .. or defend her.
but either way .. it would be a high rated segment
It would surely be a most watched segment!
I'm sure the attorneys have advised her not to comment during the SEC investigation.
Tom didn't sell anything to anyone. Tom was just one member of a group of people who developed and sold TOS to AT. Tom also did not receive 600 million dollars. The money was split among the team.
this post from 2014 nailed it.