You're a sponsor on ET? What the hell do you know or sell?
You ever hear of one of Karen the Supertrader’s Clients suing her?
- Thread starter Sweet Bobby
- Start date
Apparently more than you do. Your hero recently admitted through a consent judgement in Federal Court that she lost over $50M and defrauded her clients using false accounting statements.
And Bernie Madoff was also current on his SEC filings.
This lady got me into trading. I perfected her strategy. You have nothing that could possibly interest me or make me a better trader. He who can’t trade sells something to others. Now go back in your cave you insignificant loser.
Beautifully stated. I wish you good fortune.
Only when you are long in options NOT when you are short. Big bucks fly your way when there is a huge spike in volatility only when you long gamma but when you are short, you are shorting gamma. When you are shorting something and that thing spikes up, guess what happens to your position?
The only saving grace that you have is you don't leverage so when you lose, you won't lose too big but your loss would still be substantial.
I am aware of trying to be balanced, what you guys are not. Bobby is the worshiper, Bone is the other side of the horse. I am middle of the road.
The truth is, Karen's strategy has been the right one since 2008. You can call it luck, fine. Hundreds of fund managers are rather lucky than skilled, but as long as it makes them money...
Would her strategy survive another 2008? Bobby thinks so, I don't. Is she a ponzi as Bone thinks so? Nope. (at least not indicated yet) She committed fraud, but not every fraud is a ponzi.Will some of her clients eventually sue her? Time will tell.
The point is, let's keep a cool head when we discuss her and let's stick to the facts.
Well, fact is I am not Bone so please don't argue about ponzi schemes with me, I never brought up a ponzi. I wondered about your moral compass when you kept on excusing and softening her defrauding investors. We all know the facts but you stated information as facts that you don't know for sure they are facts. Her stated past performance is NOT a fact or can you produce audited performance metrics? I thought so. So please don't scoop up each marketing drivel which pulls in brain dead investors to part them from their money. Fraud is fraud is fraud. That is a fact, I thought you love facts.
1. I appreciate your concern, but I am not the topic of this thread. So when you can't come up with an argument, you attack the messenger. Understandable, but unacceptable.
2. Sure we don't, or at least most of us don't thus the debate.
Since you like to discuss irrelevant things to the topic I will give you a little break by putting you on ignore for a while thus I am not tempted to correct you again. See you in the New year.
For the benefit of others, nobody made you the main topic. You stated her performance as fact when in reality nowhere can evidence be found that supports the accuracy of stated performance metrics. And when you are asked to correct your assertions you put me on ignore. Who is shooting the messenger here? Sad to see you can't seem to correct yourself and rather butt out.