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Friday Farce: 16 Year Old Outperforms 99% Of Hedge Funds: "Oh My Gosh, That's So Easy, I Have To Do This"
Forget Ackman, Einhorn, Bass, And Hendry. There is only one name in the world of equity market performance in 2012 - Rachel Fox, of 'Desperate Housewives' fame. With a 30%-plus performance, the day-trading debutante has turned from actress to activist as she day-trades her way through the day. The 16-year-old actress who made 338 trades last year, based mostly on technicals, ""...fell in love with the idea and the concept of being able to just buy something, have it go up, or have it go down, depending on which way you bet it and have it make you money. I thought, oh, my, gosh, that's amazing, and so easy, I have to do this." If ever there was a sign of the extreme bubble that central planning has re-created for us - it has to be this. Her advice: "you have to really just trade on your own instincts and not just be like, oh, this person says this is great, let me just go for it." LOL, OMG, IKR ;-( Our advice: next time readers are discussing stock tips with a random employee of Hustler Club, Scores or Spearmint Rhino - don't just stare, listen! Said 'random employee' is almost certainly outpeforming the "smart money", and the broader market, by a wide margin. Thank you Ben.
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I'd like to bend her over next to the computer cosol and have a go at her, real savage like.
what's the age of consent in cali?
http://www.youtube.com/watch?v=XMUxM4CAAFU&noredirect=1
i'm a little school-boy, too!,
janus
she is a walking contradiction
is this Megan Foxs daughter ???......damn, i must be getting old
if she is old enough to short Tiffanys, she must be old enough to fuck
A 16 year old female is a full-grown woman in most of the world.
Child soldiers seems to be the choice weapon of last resort for collapsing empires; first the Nazis, during WW2, now Wall Street.
"Trust me it's going to 10" ....or, in my case, it's more like 6 and half. ;-)
does this also refer to anal?
I bought bitcoin and am up 40% no big deal.
Are you Timmah Geithner, incognito?
If it's going up it can't ever go down.
Bernanke must be desperate about the low number of retail investors in the stock market so that the MSM now have to use underage girls to promote daytrading.
Stick a fucking fork in me. I'm done.
"When I found out I could be a money manager and charge 20% on trading profits and 2% for management fees, I was like, oh my god, I can, like, totally do that too."
"So easy...I have to do this?" ; )
my mind wanders, which one of us will find themselves parked outside the high school today with bags of popcorn, technical chart porn of our fav stock, weed and lube
Dude, that's my typical Wednesday afternoon.
Did they use the same calculation as the Beardstown Ladies?
Just for review, new money is not part of the return.....OMG.
The reason the Fed will remove the punchbowl is because instead of staying idle and hoarders of cahs like Kito forcing to Fed to print to offset the idleness of base money, the Fed is not mad. The Fed will not print once people spend the idle cash.
However this is not your long duration recovery, this a reverse recovery a short duration recovery. That is the base money is spent instead of the leverage rising. Short duration bitchez.
The only reason teh Fed will stop printing is because the idle money is getting spent. The printing creates devaluation as USD is converted into foreign currencies, foreign assets etc... while hte local inflation of wages is tamed.
Once the idle money is spent, once the idle base money is used in teh circulation is when inflation starts.
Initially the crazies thinking we are going to hyperinflation are disappointed and the guys thinking we are back to normal that is an increase in leverage put pressure downwards on Gold.
In the meantime teh long bond keep selling off and curve steepens and more idle money gets to move. Then after a while we start to see nasty stagflation, the crazy hyperinflationist shout victory, the dumb money who just moved into stock cries ~OMG inflation~ and then you sell your PMs.
Short duration for yeaaarrrss bitchez....
YOU CAN PAY WITH MONEY OR CREDIT. THIS RECOVERY IS COMING FROM USING MONEY (YOU KNOW, THE TONS OF BASE MONEY THE FED HAS JUST PRINTED??). DO NOT BELIEVE A SECOND THE FED WHEN THEY SAY THEY WANT TO STIMULATE CREDIT CREATION. THEY CAN NOT TELL YOU THAT THE REASON IS THEY PRINT IS THAT AS LONG AS PEOPLE LOCK IN A BOX CIRCULATION MEDIUM THEY HAVE TO OFFSET THAT BY PRINTING THE EQUIVALENT AMOUNT. WHEN PEOPLE MOVE THE CURRENCY UNIT OUT OF THE BOX AND SPEND THEM, THE FED HAS TO STOP AND WILL STRUGGLE WILL STAGFLATION FOR YEARS.
I did 30% in January, where's my parade?
Well done. Keep those stops tight. Example; I opened a gbp/jpy trade this morning. (146.339) long, with a 30 pip trailing stop.
Walked away from my terminal,(30 minutes to work out), and got hosed. Made 6 pips, and the trade proceded 20 pips higher from origination.
If you want to make $ trading, you need to be tack sharp!
Just wanted to say , good trades.
Not sure why everyone on this site seems to be hating traders. Sure it's dirty , unfair , rigged , a pure reflection of central banking bullshit .
so fucking what ? ,recognize it for what it is, dont go against ben/CB's when the printers are on , and plan your very worse losses before doing anything...that's a start.
daytrading is not for me , but swing trading often means moar very real metal for brucy.
Not sure why everyone on this site seems to be hating traders. Sure it's dirty , unfair , rigged , a pure reflection of central banking bullshit .
Indeed. I ask the same question about why pimps get such a bad rap. A guy has to earn a living SOMEHOW.
so the theory of HFT falls in front of a Desp house wife kid??
And Einhorn is on his knees begging Apple to save his losses?
Wow, the Oligarchs are useless today!
Hmmm... I've never gotten stock-tips in the Pussycat Lounge down on Greenwich St.
Knowing those gavones, they'd probably stick a damn surchage on the lap-dance.
Maybe if you get implants and take some lessons on lap-dancing first it would make for better tips.
Can you say topity top, top, eTrade babe?
She kicked my a$$. I lost 1k last year and that was fighting back from being down 4k mid year. And I hate to admit it but it was buying the dip that helped bring me back. So did I learn my lesson? Of course not. Adding to short position today. Apropos to Einsteins definition of insanity.
Well, if she is indeed trading technicals, she'll be right there with ya.
That was an interesting linked article. I learned that in middle school, she "didn't kiss boys before she wanted to," and "that was better."
She would probably be a good role model for my own middle school daughter.
On second thought, I see from the picture that she doesn't wear Dr. Martens and Black Sabbath t-shirts, so it probably wouldn't work.
2.43 and enough.
Jesus fucking christ.
We are beyond fucked, we are fucking doomed.
Make sure you interview her right after she decides to hang onto a short position that just *has to* come back...
DAYTRADER - A Financial Board Game
"Ages 13 & up"
Jesus.
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You ever play poker with a kid who's never played before and lost to them?
It happens.
Any body who's been in the market, oblivious to the market fundamentals, who didn't read da Hedge and was scared shitless of the enviroment, should have made money just being there.
We'll see where she is when it falls in the crapper.
•J•
V-V
I didn't read the article, just clicked on it hoping to see a larger picture
oh well....
My entire portfolio is in TMV and TZA. I have great confidence in Obunghole to make me rich... soon.
Actresses are called actors nowadays -- it's gender neutral.
Rachel is well beyond us, guys: http://www.imdb.com/name/nm0289200/
Yes, thank you, Ben :)
I had CNBC on this morning for backround as I got ready for work. IMMEDIATLY turned it off when they trotted this bimbette out for a puff piece. Really, whats the point of this kind of "journalism".
It's teevee. It's sole purpose is to sell advertising--YOU are the product, and it obviously worked just fine for awhile.
Now more than ever you have pop culture truly run amuck. Way too many talentless slobs running around collecting 7 figures. It'll be one positive consequence of this sucker blowing sky high that we won't have to be subjected to this anymore. Not many TV's in the soup line.
I'm waiting for MDB to post a comment praising the Obama administration's education policy as an explanation for how "successful" she's been
The appearance of the law must be upheld, Especially when it's being broken
Obviously she is not a success in the Markets by herself, the Government had a lot to do with her success in providing an environment that she could succeed, it supplied her education, her computer, her food, her wealth actually everything, so her success had nothing to do with her but is a symbol of how successful the government is, Tax officials will be along shortly to carry out a loving Government audit.
Blah blah blah....
What's the name of her fund?
See that word 'outperform'?
See that anywhere else lately?
Me neither.
She just needs a good spankin' by someone.
That someone is me.
whatever, i just subscribed to "look over her shoulder" $400 bucks!