Karen went from her day-job as an accountant to $41 Million in Profit
In this video we look at how a former accountant named karen, went from having Merrill Lynch manage her retirement account and getting basically nowhere, to managing her own account and generating $41 million dollars in profit in only three years. And to make it even more interesting she did it during the worst trading environment in recent history. She started in 2007 and made roughly 50% on her money.
And then in 2008 along came the crash… amazingly as the market tanked she continued to make money trading options on the three major indexes. Her goal is to “never give any money back” to the market i.e. Zero “drawdowns”. That is an amazing goal and in the most recent year of the two accounts she trades one of the accounts actually had zero losses and the other account had only one losing trade. Lets find out more…
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In the video below Karen comes back a year later and gets into more details on how she trades. She explains how she sells “Nekked” Puts and Calls in an effort to collect the premium using a strategy designed to be as low risk as posssible. She only had one losing month with a 5% drawdown and that was because the margin requirements were changed and she had to close out positions prematurely. In spite of the losing month she still ended the year up over 50%!
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About Tim McMahon
why did it take 25 mins to tell me she trades options? But does not really share her strategy.
The second video goes into a bit more depth. She sells put and calls at the 5%-10% confidence levels. They actually show what the screens look like in that one.
“we make sure we dont give the money back” does anyone know of the strategy she might be using to guarantee this
trade big!! take calculated risks.
Three years is just the eye catch . . . but the achievement still is very plausible.
Really, it took her 20 years of education including PhDs, plus the years of experience, to finally get into a span of 3 years to use all of her skills plus a hint of luck and voila, she did it, but as she mentions here 07:25 – “It is difficult” –
How do I invest with this lady ?
I am a Professional Trader based in London who makes on average £11,000+ a week by using simple techniques. I have developed many strategies in the past, my most recent yields 81% RETURNS so far. Trading is a risk and people do lose money but if you know how to mitigate risk by having a good risk management plan implemented with a good trading strategy, you can make a fortune.