Showing posts with label Karen the Super Trader. Show all posts
Showing posts with label Karen the Super Trader. Show all posts

Tuesday, January 21, 2014

Karen the Super Trader notes

1/21/14

Notes from the first 2 TastyTrade videos featuring Karen the Super Trader.

2007 - $100,000
2008 - $150,000 : 50% return!
by 2011 - $41million (includes additional capital)

Transition to success:

  • Stopped trading stocks (50/50 proposition)
  • Stopped trading earnings plays (got burned too many times)
  • Slowly migrated from stocks to indexes
    • Prior to 2009: iron condors and credit spreads
    • Beginning in 2009: naked options
  • Started shorting premium