She Can Trade

SheCanTrade.Com
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
1.3

Summary

CanSheTrade.com has no track record, no list of trades taken inside of the live trading room, no track record of text trades. Zero transparency. Sarah Potter claims to be a full time professional trader, yet she is unwilling to provide her audience or TradingSchools.Org with any proof whatsoever. Multiple readers of the TradingSchools.Org blog have complained about the lack of transparency. CanSheTrade? Nobody really knows. After contacting Sarah Potter multiple times, requesting a track record, she simply refused to engage. She appears to have a very basic understanding of financial markets, and is offering a series of courses and materials for the extreme newbie trader. Avoid.

Comments Rating 1 (4 reviews)
Pros: Useful information for newbie traders.
Cons: No track record of any success. Owner of company refuses to disclose personal trading performance, will not publish a track record, has zero transparency inside of the live trading room. She is very nice, until you request proof of any personal trading success...then she turns icy. Another wannabe trading guru that claims to make a full time trading, but cannot provide her audience even the most minimal amount of evidence of success. Avoid.

Thanks for reading today’s review of SheCanTrade.Com

What is SheCanTrade.Com? SheCanTrade is a live, options and futures day trading room that is moderated by Sarah Potter. The live day trading service has three levels: (1) $119 per month for trades via text, (2) $197 per month for text trades and to watch live screen trading, (3) $497 per month per month for text trades, live screen trading, and personalized conversations with Sarah.

In addition to these interactive trading options, Sarah also sells a wide range of indicators and informational videos that include the following:

  • Trend Indicators: $497 to $997
  • Trading Indexes and ETF’s: 4 hour video $497
  • Futures Trading: 4 hour video $497
  • Trading Options Consistently: 6 hour video $597
  • Trading At The Money: 3 hour video $497
  • Options Trading For Profit: 13 hour video $797
  • Options Foundations: 3 hour video $397
  • How I Use Charts To Trade: 4 hour video $149
  • Options On Futures: 3 hour video $397
  • Debit Spreads: 2 hour video $397
  • Maximizing Your Success Trading Puts and Calls: 2 hour video $197-$397
  • Sarah’s Essential Options Trading Strategies For Volatile Markets: 2 hour video $97

About Sarah Potter and SheCanTrade.Com

A quick review on Archive.Org on SheCanTrade.Com shows that the website started in 2013. The earlier versions of the website are pretty basic and start off as a sort of blog where Sarah simply talks about the markets. However, as you watch the website change over time, you can see the transition from blogger to full blown “Trading Guru”. It appears that in 2014, she published her first book, “How You Can Trade Like A Pro” with Kindle versions available for about $15 per copy. In my opinion, the book was written as a sort of launch pad for her various promotional products and services.

It appears that prior to her current venture as a trading educator, she actually was an educator. On the older versions of her websites she claims to have a bachelors degree in education and a masters degree in education. Both are common for school teachers.

Inquiries from TradingSchools.Org readers

Since approximately November, 2015 I have received 10+ inquiries to review Sarah Potter and SheCanTrade.Com. The messages that I received were varied. Most individuals simply made a request for a general review. A couple of messages were more poignant, one gentleman in particular had written to tell me that Sarah Potter refuses to publish a track record of any sort, and that no live trading can be verified inside of the live trading room. Another had written to tell me that he had purchased the book and felt that the information regarding credit spreads was a disaster waiting to happen. That if a person executes a credit spread, they run the risk of virtually unlimited loss if the market experiences a “fat tail” event. Yet another person complained that he had asked Sarah to provide account statements that verified her claims of being a “full time professional trader” and she flat refused his request and proceeded to ignore him.

Truth be told, when folks sit down to write to me directly, its usually to complain. Hardly anyone ever writes to tell me how wonderful a trading service or trading educator is performing. With so much negative bias, its important that I speak with the trading educator one on one and cover all of these issues.

Reaching out to Sarah Potter

On March 2, 2015 I reached out to Sarah Potter and was very direct in telling her that I was with TradingSchools.Org and that I would be writing a review of her trading service. She was pretty excited to be interviewed and have a review written. She had written to me, “I’m honoured that you want to review SheCanTrade.”

Everything started off okay. I sent her a list off all of the companies that I had written positive reviews about. The list is not very long. But as I explained to her, every single one of the companies on this list were 100% able to verify actual trading performance. I explained that the vast, vast majority of trading educators were just failed traders that along the journey morphed into trading educators, simply because they could not make the cut as a live trader. That I needed to verify her claims of being a full time professional trader, and that it was important that she reinforce and legitamize her claims (Page one of her website) of…

Real Trades, Real Money, Real Simple – Consistently Growing Your Wealth

A membership to the Shecantrade Live Trading Room provides real time access to consistent options trades. Members benefit from watching professional options traders place live trades in their real accounts. You will learn the ins and outs of options trading in an inclusive and friendly atmosphere.

In my opinion, the above quote is crystal clear. She claims to make live trades in real trading accounts, using real money. However, the moment I asked for proof of this live trading, using real money in real trading accounts, she turned as icy as Jack Nicholson in The Shining. She simply shut down and refused to engage with me. I sent emails Proof of tradingdirectly to her, and inside of these emails are tracking cookies that time stamp when the emails are opened and read. In real time, I could see her opening my emails, but she simply refused to engage with me further. Apparently, providing any sort of proof that “She Can Trade” is entirely off limits.

Perhaps Sarah is afraid that some malicious hacker might be able to reverse engineer her redacted account statements, that would prove that SheCanActuallyTrade. Perhaps publishing her TradeStation account is just too much information for the public to consume. Maybe the trades are so good that they will incite a Justin Bieber like response for the trading community. All of these new fans will flock to her website and it will crash because of the demand. That would be terrible.

A tale of two options trading educators

Trading educators like Sarah Potter drive me nuts. On the surface, they are so darn nice and sweet, but the very moment that a person ask for any sort of proof that they have ever traded profitably, then they just callously blow you off. They immediately know that their cover has been blown, that a truth seeker is right in their grill and refuses to go way, that the person that they project does not match the person that they truly are. That this whole trading educational thing is just a way to make a buck off of the greater fool. They perpetuate the failure that is so persistent in the business of trading.

Many people get into the trading game and they quickly fall for people like Sarah simply because she wrote a book, and she sounds smart. They automatically will correlate these markers as a sign of success.  That “if a person writes a book about trading, then they most likely know about trading”, however if a person takes a closer look at the universe of trading books for sale on Amazon, you will be amazed at the thousands upon thousands of  so called experts all claiming to be full time traders. Its amazing what people will believe.

Lets compare a person like Sarah Potter with a person like Kevin Kleinman at WatchHimTrade.Com.  You can read my original review here. Kevin is like Sarah, they both trade options. But the big difference is that Kevin is ultra mega, ultra super transparent. Every single one of his trades is on full display, inside of his trading room. And every single week, Kevin posts his actual account statements directly from TradeStation Securities. No BS, no games, no claiming that SheCanTrade but actually displaying that HeCanActuallyTrade. The winning, the losing, its all there. As a matter of fact, it is so damn refreshing that since I have written that review, a near constant stream of positive emails continues to hit my inbox. No problems whatsoever.

If you give Kevin a try, make sure that give a shout that Emmett said nice things about him. Its important that people like Kevin, and the rest of the guys that I write positive reviews about are aware that honesty and transparency is appreciated. Truthfully, I feel sorry for the educators that are transparent and are willing to be open and honest, they have to fight the massive wave of fakes and frauds that hold themselves out to be professional traders, but are nothing of the sort.

Conversations with brokers

One of the great things about writing reviews about trading educators is the outreach that I have received from individual stocks, options, and futures brokers. In particular, the futures brokers give me amazing insight about what I should be writing about. As well as stories of what actual professional traders do, how they conduct themselves, and the money that they earn. One of the most common questions that I ask is whether the 95% of traders actually fail. I can concur that after speaking with many, many brokers…the real number is more like 80-85% failure rate. One retired broker actually showed me a spreadsheet of thousands of closed accounts and showed me some amazing statistics on survival rates.

One of the most common questions that I ask is why do 4 out of 5 traders fail? The most common answer is that new people are introduced to the trading business by more experienced traders that have only displayed traits of failure. That people buy books, and courses, and systems from failed traders. The flawed knowledge is handed down like a venereal disease, the failure just spreads and spreads from trader to trader. That newbies latch onto failed traders selling education and they are doomed to have relative performance similar as the failed educator. If you think about it, it makes perfect sense. If you want to be a brain surgeon, you should probably be learning from someone that has actually performed successful brain surgery. However, most people lower the bar so low, or are so greedy or gullible that they simply read a website and trust in the goodness of mankind. Sorry folks, when it comes to most trading educators, they give Bernie Madoff a good name.

Unfortunately, as most brokers have told me, that when people place their trust in other failed traders, they do themselves treble damage. Much more than just the cost of the education, loss of time, trading losses, they ultimately have to UNLEARN the flawed knowledge. And everyone knows that it is entirely more difficult to break the cycle of flawed knowledge than it is to introduce knowledge based upon verifiable facts. Just ask poor Copernicus, the renaissance mathematician and astronomer that formulated the model that the sun was at the center of the universe, and not the earth. The Pope was so horrified by his writings that they tossed the poor guy into prison. Many, many years after his death, his theories were proven and able to take root.

Wrapping things up

In my opinion, much of what we are seeing in today’s modern technical analysis movement is very similar to what we witnessed during the dark ages…during the high period of Alchemy. Its Stock Trading Wizardsamazing to me when I read about the numerous universities that sprang up in medieval Europe that promised to teach students how to turn common elements into gold. For roughly one thousands years, after the fall of Rome, its seems that humanity simply lost its way. Embraced pseudoscience and the charlatans ran amok. Technical analysis of stocks and commodities has only been around since roughly 1985…the charlatans and alchemists, armed with a personal computer are firmly in control of the message. But everyday, I wake up and attempt to slowly drain the swamp of fortune tellers, wizards, and magic unicorns.

Oh, and Sarah Potter when you read this, I would highly recommend that you sign up for “The Robot“. This way people can witness whether you are the genuine article and not just another trading guru with zero proof of success. Sarah Potter the trading wizard, sure sounds like Harry Potter, another amazing wizard that never was.

Thanks for reading and don’t forget to leave your comments below.

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51 Comments on "She Can Trade"

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Phil
Guest
You’ll have to check out the Options Alpha podcast where Kirk invites her on for an interview. She claims to have extremely high consistency trading weekly credit spreads (risking 5% of an account per trade and taking in a small credit) while she markets her book and website. No track record on site to prove it of course. I’m glad this review came in and am not too surprised at the results. Most vendors seem to sell either one or a few products or services. She’s managed to package all kinds of videos and content about trading with a nice… Read more »
Rob B
Member
I doubt those 20% successful traders trade anything like the way the trading rooms teach where you come in every day and micro scalp CL 20 times for 4 ticks each. but heck maybe I am wrong. Gosh I have to spend at least 1.5 hours each day looking over instruments to just find anything I might want to trade and I might find nothing to trade that day. I would love to be able to come in each day rain or shine and take 20 profitable micro scalps. Still waiting to find someone that can do it profitable over… Read more »
sam
Guest

I’ve seen some of her videos Phil. It’s very basic stuff how she supposedly looks at charts and multiple time frames. Then checking out the book. There’s a forward by the options meister John Carter! Check out the review by “critical eye”. http://www.amazon.com/How-You-Can-Trade-Like/dp/0071825495/ref=asap_bc?ie=UTF8
Fair review Emmett. They can never seem to show proof even with credit spreads which is even harder to keep track of. As I thought, she’s on moneyshow. Just seeing Busby on the same page along with a few others who often spam emails and have cold caller teams is puke-inducing.
http://www.tradersexpovirtualevent.com/experts.asp

Phil
Guest

What kills me Sam is that these people prey on the new and naive to make money by packaging and selling content that’s readily available and free. It’s about marketing for these guys, not about trading.

sam
Guest
Weeklies are dangerous. One is lucky to make even 5% on trade risking a lot of margin on a spread. On the last hours before expiration, the pricing can suddenly fluctuate to a bad result no matter how good the setup and in the money initially. Overall, options are like a big scam with the big illusion just because they are options they are somehow “safer”. And multi-legged spreads are so expensive with a lot of slippage trying to close. And good luck with a put leg that gets called where you now have to buy a stock! There a… Read more »
DavidR
Guest
Weekly options? They’re no more dangerous than trading other things in the market. I understand they might be hard for you, but that doesn’t make them hard for everyone. You have to have good timing. I simply trade them like stocks. I don’t care for all the fancy option garbage. Just because I don’t do fancy option garbage doesn’t mean others aren’t making good money from it. When I see certain lineups, I will use weeklies to make a good bit of money from them. If I see a stock at 100 price right now, my stop would be 99,… Read more »
RogerTrader71
Guest
RogerTrader71

Great post DavidR. I’d like to pick your brain on your strategies. Please email me or send me your Web site url if you offer something in that format.

sam
Guest
Well besides calling me a bad directional trader which I don’t care to comment about, I agree options can be used as a leveraged tool directionally on an intraday basis. I should have emphasized option spreads and delta-neutral strategies as taught and professed to be traded successfully are usually scams. There can still be plenty of spread slippage on closing a leg of a spread. And short puts or calls have unlimited risk. I can see how it can work for you. I’ve stopped trading options a while ago, even single calls and puts, because I prefer straight stock or… Read more »
Alexander
Guest
No Proof of Performance Multiple requests for proof of performance via tax returns from the following vendors “Super Traders/Super educators” (according to them) went unanswered. John Carter tradethemarkets Tom Busby dtitrader Bill Costarides tradersden24 Meir Barak tradenet.com Reza Dilmaghani profiletraders James Dalton jdaltontrading Kai Whitney redbridgecapitalconsulting Leslie Jouflas tradingliveonline Larry Pesavento larrypesavento John McLaughlin daytraderswin Brian Rehler tradershark YOU CAN MAKE A DIFFERENCE If you or someone you know has been harmed by these “Super Traders/Super educators”, you are not alone. There are government agencies whose job it is to protect you from fraudulent (or deceptive) business practices. By filing… Read more »
Rob B
Member

I do not think the Government regulators do much of anything. Even there disclosure statement saying results are hypothetical is a joke. The results posted by these trading rooms are not hypothetical they are made up fantasy. Every TR I have been in inaccurately reports their results. There is nothing hypothetical about that. It is fraud. Yet where are the regulators.

In fact I challenge Emmett to get one of those regulators on here with his own thread and explain and answer question why they are doing nothing!!

Alexander
Guest

The Government regulators caught Emmett.

Rob B
Member

He did not run a Trading room or sell Trading education.

Stray Dog
Guest

For the past 30 years successive governments have been gutting the powers of regulators in the name of “less government bureaucracy” or interfering in what they can actually do. That’s part of the reason why they appear to do nothing.

Nick
Guest

Hi, Emmett,you should check out Alpha Wave trader with Alla Peters,
https://fibonaccitradinginstitute.com/

sam
Guest
For sure it’s dark ages and the wild west of trading education. Maybe there will be a history paragraph centuries from now, assuming civilization lasts, about how droves of the middle classes around the world lost their savings in the 2008 crisis to the banksters, then lost again trying to make it back trading, learning from online fraudsters in the decade after. Madoff and PFGBest Wasendorff used typwriters and cut&paste on documents, and paper shredders, while today’s web2.0 fraudsters use high tech software and hired programmers and web marketing. Another lady that does options and options spreads is Anne-Marie Baiyand… Read more »
b
Guest

I tried Anne’s one week free service and after 3 days I walked away , she’s in the room for about 2 hours and just talks about charts (should of could of’s), no actual executions of trades ever mentioned, She also takes like 3 ten minutes breaks in that 2 hours. Not worth the time and definitely not worth the money she’s asking

sam
Guest
Thanks for the anecdote b. I tried out her newsletter. Seemed like it was computer generated, the entries and exits were so fudged. Glad I stayed on sim, or would have blown out the whole account. her summary progress reports were decently fudged and made to look realistic with pockets of good profits. yes, she was often awol or canceled webinars due to family commitments or some other thing. Reminds me of John Carter. They get so big with moneyshow and the trading media and have hardcover books on trading on amazon. Big lesson, stay away from that smirker Syke’s… Read more »
Ben
Guest

B – Your retarded. It’s should’ve / could’ve. Your opinion = WORTHLESS!

Linda
Guest

Her name isn’t Anne. The bulk of the trades are toward day 4 or 5. You missed out by leaving too soon.

Rob B
Member

Emmett,

Are you saying She Can Not Trade? But her site says she can trade, how can that be. Actually if that blonde in a bikini with a sword is her, who cares if she can trade, LOL.

Actually I am more interested in you expanding upon what else you learned about traders from those brokers you talked to and advice they gave for traders. For example did they comment on micro scalping and etc.

Ben
Guest

Bunch of tough guys hiding behind a keyboard while bashing a girl.

Nice. real nice Emmett.

Stray Dog
Guest

Ben, If you have some information to contribute, in support of She Can Trade you should do so, but so far all you’ve done is bash people who have shared their information or thoughts. Are you suggesting that She Can Trade should be exempt from critique because of gender?

Rob B
Member

Ben,

Are you saying girls are not capable of being top notch scam artist? Now that is Sexism.

sam
Guest
More info for the future history book; there are variations of a female led trading site. Sometimes there is a so behind the scenes. Ex. Anne Marie Baiyand cancelling a webinar because having to pick up so from the airport. Sometimes its a team of ladies such as shadowtraders.com; where I was interested until the webinar host said their sim trading was “just like live”. Then you have independents like Armo “swoosh”, and tradersHelpdesk carnival booth lady. I think this review made a dent Emmett. The latest podcast showed little charting and comments between her and a fishing guy about… Read more »
Rob B
Member

The guy hanging out at the river really did not convince me of anything. These trading room operators are so good at lying and sceaming if they do not make it as TR operators they should go into politics and then they can legal steal your money.

sam
Guest

Hey Emmett. Are you going to review Michele’s “tradeonthefly”. Is her new site independent from investor’s underground. Are her 500+k reported profits with profit.ly for real as opposed to Nathan’s ridiculous one day gains of millions? The fishing theme on the site seems too similar to that “shecantrade” video but you and others seem to have good things to say about Michele last year in the IU review comments, thanks.

teebs
Guest
I read Sarah’s book (got it from the library) and was about to buy it, but then read a lengthy critical review of it on Amazon, and decided to re-checkout the book again and check what this person noted in their review. True enough, the book is beyond lacking. It talks about all the money i could make, but never showed how to figure out how much i was risking. Also the reviewer called out specific trades that were shown in the book, and they were right on in terms of them being very dangerous trades. And yeah, she screwed… Read more »
majormongo
Guest
Thomas
Guest
Wayback Machine actually suggests that she starts her blog around July 2012, not 2013, with her first/second post about her first trade, so I think a trading guru is an appropriate term. If you search her YouTube channel, you can easily witness her journey as a beginning trader during these 4 years. This is also where she started promoting for her service after ~1.5 year of being a trader. I’ve gone through her entire book and all her podcasts, so I’m hoping to provide an unbiased position on this. Her book talks about trading psychology, how she traded future (which… Read more »
Thomas
Guest
By the way, I am not subscribed to any of Sarah’s services, as her trading style is more geared towards day trading, but I have to admit that I did find — before reading her book — that sometimes her site and YouTube channel are a bit aggressive in promotion without giving enough value. Now that you mentioned the majority of traders are failed traders desperately looking to recoup their losses via the fake-it-until-make it approach, I’ve to admit that you might just have a point — even if our assessments could be all off. Actually, just want to say… Read more »
dtchurn
Guest

Fun read. GailMercer of TradersHelp!Desk should be on her ‘titan up’ list too. Interesting to see her journey took her through Tesseract Trading, Dean Handley’s room.

critical eye
Guest
critical eye

I read her book and left a review on amazon with the reviewer name of “critical eye” which outlines my main beefs with her book, and by extension her character. When you look up her trades she examples in her book, they are absolute disasters, and ironically, in her book she doesn’t even show how to calculate the risk on a credit spread, or ever tells you how to manage the trade when things go wrong.
I tried to be diplomatic, but my opinion is that she’s a fraud. Read the review and check out my claims for yourself.

Linda
Guest
Wow!! I’m shocked by these comments and this article. I’ve been in Sarah’s live trading room for the last 6 months and have found her to be a very responsible and dependable educator. Her Trading Associate opens the room for the first hour and has also been very professional and offers consistently successful trading suggestions each week. From day one, I have been privy to exactly how much the room has made or lost. She texts members the results of the week’s trades on Friday afternoon and they have been outstanding. She is very conservative in recommending a trade and… Read more »
Stray Dog
Guest

Linda, Another shill trying to create doubt in the reader’s minds about the accuracy of Emmett’s review and desperately hoping that she can convince someone to give shecan’ttrade a go. Linda, email your brokerage statements to Emmett. Better still ask Sarah to email her statements.

Rob B
Member
Linda, Shocked, Really? I will respond as if I did not believe you are shill. You have to set a Litmus Test for a trading room operator. For me this Litmus Test is proof of profitable trading. People always like to give analogies that are apples to oranges comparison. The closest I can come to an analogy would be a money manager. So there is this person managing money claiming he is making 100% a year and then he creates 100 fake user IDs and post on blogs that he is an investor in this unregulated money manager and yes… Read more »
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