Karen The Supertrader a FRAUD? [2022] - YouTube

Karen the Super trader. Hey I'm gonna make this quick video on Karen the Supertrader or Karen Bruton and she

also has the name Karen the super trader she's put out by tastytrade as

you know kind of a symbol of what it's like and the best way that you should

trade options and she's put out there as almost like she's put out on the

pedestal where she was they were told people were told who follow tastytrade

that she was able to turn apparently $100,000 into $41 million in three years

and it looks so the SEC charged her and they charged her with fraud I can I know

that she paid a fine and that she was also banned from the business but the

point is that you have to be extremely careful on the on who you're getting

your information from when you see something like Tacey works which I

believe is doing a positive service by teaching people how to sell option

premium but in then at the same time they are giving access to people who I

believe are scams and frauds like Timothy Sykes who has appeared on

tastytrade Network multiple times and then also carrying the super trader who

instead of turning a hundred thousand dollars into forty 1 million the SEC

claim that she actually lost 50 million dollars and I'll show you some of that

evidence in a few minutes but the point is that why should you care about it and

really I wouldn't even make this video unless I believed that there was

something wrong with the tastytrade methodology and the reason why Karen

lost so much money or quote-unquote careened the super trader lost so much

money is the same reason why I believe Tom sahs knob does not make money

trading in the same reason why I don't believe Thomas Asaf is a successful

trader the reason is that when you are wrong directionally and when you are

short bias and have negative Delta it is similar

to you collecting premium on cars that eventually end up becoming totaled and

you end up paying the entire amount to replace the car so for example if you're

an insurance company in an ideal situation you want to collect premium

for that car and then you don't want that car to get into any accidents but

if you are wrong directionally then it is very similar to you being an

insurance company collecting the premium for that policy and then having all of

your cars get into collisions and becoming totaled so therefore you have

to pay out of pocket to replace that car it's almost like you're collecting and

you're trading dollars for nickels and that's exactly the same thing that

happen with Karen the supertrader why she lost fifty million dollars and this

is also why I don't believe that Tom's Asaf makes money because even if you're

right when you're short calls the maximum amount of money that you can

make is that you collect and you keep the premium that you originally sold the

options for however if you're wrong directionally then you are actually

collecting that premium but it's costing you dollars and it's only a matter of

time just like with Karen Bruton that you will go bankrupt and you're gonna

have to resort to shady things in order to cover your tracks the weird thing is

that even though she was indicted by the SEC so here you can see tastytrade is

still promoting her so we can see that here so here so the weird thing is in

the previous thing that I showed you right here she's talking about here

she's SEC charge fund manager her former CPA she apparently turned a hundred

thousand dollars into forty 1 million and now she's the front person for an

old person's home where she's saying that heritage provides her with the

obligation of relieving her from the obligation of bills and cooking

I mean it's kind of strange for someone who apparently was able to turn a

hundred thousand dollars into 41 million now going back to this so she was fined

one point five million dollars by the SEC for fraud and she was also banned

from the industry I believe if I read it correctly let me see

so she was charged with deceiving investors of 50 million dollars in

losses from 2014 and 2016 they pocketed millions of dollars in undeserved

incentive fees again look she lost 50 million dollars but at the same time

tastytrade was promoting her as being one of their most successful students

the judgment was issued I mean she's very lucky that she wasn't charged by

the Department of Justice for criminal fraud I'm not sure why she wasn't the

Commission temporarily suspended her from doing business as accountants or

investment advisors she engaged in a continuous pattern of trading to inflate

their compensation from the funds they not only delayed realization of trading

losses but also intentionally seized or sized certain traits of the funds who

realize the profit every month so pretty much it was fraud the super ferret is

winning strategy relied on fright now look I don't really believe everything

that's reported in the news I think that the news is put out there for clickbait

but when it's signed by a judge and you're convicted and you're fined and

you had the ability to fight these charges and you know there was a

conviction or there was a settlement agreement and you're charged and you pay

1.5 million dollars to me then that's something that is worthwhile for you to

pay attention to so allegedly she was charged with deceiving investors and

having 50 million dollars in losses and she was charged with fraud SEC complaint

violating anti-fraud provisions

she's being investigated for fraud now here's the weird thing about this where

Karen the super trader I think just last month she was invited to a tastytrade

symposium and she actually gave a speech SEC guru leaks SEC obtains consent

judgment against let me see would SEC obtains consent judgment against Karen

supertrader Bruton she'd order she would order - yeah so apparently she was

ordered to pay it like a 1.5 million dollar penalty with respect to alleged

scheme avoiding fifty million dollars plus and losses while earning millions

in fees to which she was not entitled

Karen the super trader so yeah Karen the supertrader who apparently lost who

apparently turned a hundred thousand dollars into forty 1 million in reality

she lost around fifty million dollars

she certainly outsmarted the trade tasty tards that's interesting never heard

that that word before all right let me see but the here's the weird thing

tastytrade continues to give Karen access to her their platform I think it

was July 2019 let me see yep so geeks on parade here

you can see the geeks on parade so Karen just less than a month ago actually

she was actually speaking at a symposium to give advice to tasty critters this

just doesn't make sense to me why are you gonna give this woman who's

convicted and led to pay a civil penalty of 1.5 million dollars why are you going

to give her acces why is she viewed as someone who's successfully in the

industry when she was accused and charged with losing 50 million dollars

she did not turn $100,000 into 41 million

and she's giving look at this they're giving her access to their networking

they're holding her up in a marketing her as a successful trader when in

reality she's anything about that successful traders do not get charged by

the SEC for fraud successful investors do not lose 50

million dollars successful investors do not have to pay a civil penalty penalty

of 1.5 million dollars look what she's saying successful investors neither tied

to advertisements to get paid promotional money to say that they do no

longer have to worry about taking care of their bills or life I quit my job

also I actually like listen to this and I don't really get the impression that

caring takes care of herself because mentally she doesn't seem extremely

sharp she's fumbling over her words she's

looking down at the paper which leads me to believe that she doesn't have the

mental capacity to process information and to keep multiple amounts of

information in her head and she doesn't have the verbal fluidity in order to

deliver a speech in a coherent manner as a result to me that would be a red flag

and I also in my opinion get the same thing when I watched someone like bill

Paulus from profits run research where I look at some of his presentation skills

and it's clear to me that again in my opinion he is lacking intellectually so

why would I want to take any advice from someone who I do not believe have the

mental faculties to be able to process information let me also show you Timothy

Sykes who in my opinion is a scam artist yet

tastytrade for some reason repeatedly provides him with access to their

program 2012 2011 2009 that doesn't say on Twitter replaces pencil so alright at

least twice you have 2012 2011 tastytrade is granting access to Timothy

sites which is kind of weird because if you type in this

I think Emmet from from trading schools org you can see that he came out with a

few hilarious and funny pieces on Timothy Sykes so he calls him the turd

economist he rates him quality cost about 1.5 the only thing he gives them a

5-4 is charitable causes but look Timothy Sykes is not Robin Hood he's not

I don't think he should be giving credit for taking money from innocent people

and then transferring it to charities that he then markets himself to make him

look very benevolent this isn't a transfer of wealth the fact is in my

opinion that teaching people how to trade penny stocks is going to result in

losses for almost everyone who does it alright you can also see that Tim used

to run profit Lee I believe he sold it I'm not a hundred percent sure but you

can also see where Emmet caught profit Lea leaving fake reviews for other

people when we see here's profit Lee

sorry that it's not rendering perfectly sprinkles the truth can sometimes be

found a prophet li the verification of brokerage accounts a properly is easily

gamed and cannot be trusted so here you see Tim Sykes let's talk

about prophet Li so can properly be trusted it's one big marketing snowball

he's properly a fraud so then I think you can also see how Cameron Foust was

caught with prophet Li from training school org let me see

all right in anyway so at best properly has a dubious reputation from people who

are serious about reviewing these sites a lot of the positive reviews are done

by affiliates so at best properly has a dubious reputation properly was I

believe started by Timothy Sykes Timothy Sykes at best has a dubious reputation

Timothy Sykes was given access to tastytrade and a tastytrade platform

multiple times has Timothy Sykes been charged with a crime he was not however

this does not bode well for the overall validity and the overall reputation of

tastytrade then tastytrade continuously markets Karen Bruton the super trader

even though she has been shown to be fraudulent she was charged by the SEC

for losing fifty million dollars she did not turn $100,000 into 41 million

dollars even as recently as July 2019 she was invited to a tastytrade

symposium geeks parade in order to be marketed by tastytrade for their

methodology and for the way that they teach you I can tell you that in my

opinion I do not believe that Tom Safa is a profitable trader primarily because

when you are short Delta you are trading dollars for nickels so anyone out there

who believes that you should trade often trade small definitely do that but trade

small trade often trading often is going to get you in trouble and look I'll use

TC I used to so I use tasty works as well I love it I think it's great as you

can see we're up around I don't know seventy five percent on the

year and I use I use them all the time but what I can tell you is I do not

subscribe to the methodology of tasty trade which is trade small trade often

if you see here we have I think we have yeah we have no

losing trades for the entire year year to date here the realized law there

realized gains rather here the unrealized gains we have positions on

PayPal Raytheon and United Healthcare here are all the realized gains here are

the open positions that we have PayPal Raytheon United Healthcare so even

though I like tasty works I do not subscribe to the tastytrade methodology

I also think it's incredibly shady that they market someone with a dubious

history who has been charged by the SEC for fraud even though they continuously

promote her as a model of consistency and as a model that their followers

should strive towards emulating but I do not think I want to emulate someone who

has lost 50 million dollars even though she's been marketed to someone who was

able to turn a hundred thousand dollars into 41 million so again besides the

fact that it's been shown numerous times that Thomas on off frequently loses

track of his positions he you know for someone like yourself if you have

anywhere from two thousand to five million dollars I don't know about you

but it doesn't make sense for me and it would give me a lot of stress to lose

track of my positions it's not a game so frequently you'll see Tom and Tony laugh

on set even though there are positions that are going against them I don't know

why they think it's a game because if I'm losing track of my positions which

Tom he's admitted on his show that he does and then you have a position going

against you to me if I have a losing position then I'm not happy about it so

I would definitely you know if you want to look at tastytrade for entertainment

purposes no problem but if you follow them religiously then in my opinion

you're going to lose money additionally I did receive actually I think I've

posted this on LinkedIn

from a student who said that he lost he was able to churn his account from

25,000 into 10,000 so here's what I posted another options trading education

core success all right so this guy took the course and where do you write about

okay so he he said I just finished the course the content is excellent I pretty

much wasted the past nine years I started off trading options in 2010 I

finally started selling spreads where's the tastytrade part right here I

transitioned to tastytrade and followed their mantra trade small trade often and

managed to trade my twenty five thousand dollar account to ten thousand so I quit

altogether for a while again this person started off with twenty five thousand

dollars and then they turned it into ten thousand by following the tastytrade

methodology of trade small trade often then you have Karen the super trader who

was charged with fraud by the SEC she was able to agree to a settlement they

accuse her of losing 50 million dollars she paid a 1.5 million dollar fine they

also have used Timothy Sykes and granted him access to their platform you know

it's just and look I use tastytrade as I showed

you before I used tastytrade but I don't trade often you can see like all the

trades these are you know the trade these are for the entire year these are

the symbols some of them have been very small trades you can look at our entire

portfolio right now we only have positions on three three underlines and

that's pretty much it so if you have any questions let me know

so this is in my opinion the real truth about Karen Bruton Karen the super trader

this is David Jaffee with BestStockStrategy.com please like comment

share and subscribe leave a comment below I read everyone's comments I

appreciate your attention and if you have any questions I'm here to help you