User:Stevek87/Sandbox

Idan Koren-Kirsberg
Idan Koren is a well known options trader that has traded the equity derivative markets since the crash of 2002. Born on August 6th, 1987, Koren is one of the youngest and renouned traders on wall street. He has made two appearances on Fast Money on CNBC where he predicted that the market could see a bottom in Late March of 6500 on the Dow Jones. He was born in New York City, and lived most of his life in Spain, France and Israel. Having exposure to different cultures has helped him learn five languages including: English, French, Hebrew, Spanish and Portuguese. Koren was accepted to Duke University in 2005 (graduating class of 2009), and is a Chemistry Major and MMS certificate. He runs his own small hedge fund, Koren Financials which has had one of the best track records since 2005. Idan Koren plans to start a couple of businesses in the technology and financial fields in the years to come.

Trading Career
Koren started trading in March of 2000, right before the technology bubble burst. In an interview he mentioned that he was extremely shocked by the tremendous moves and volatility portrayed by the nasdaq every week. "I was looking at the nasdaq fall 4,5,6 even 7% every week and it just seemed like a normal occurence" (Koren). In 2005, Koren started his own hedge fund, where he traded his friends' money and promised a 2%/20% return. With a great track record of approximately 42% profit a year, he fulfilled his contract and expanded his business. In the summer of 2008, Idan Koren interned in Hapoalim Bank on the trading desk. In late 2008 Idan Koren took over Craig Simons job and provided both video and intraday commentary analysis on the markets for www.stocktock.com. Idan Koren has gotten the approval of thousands of investors and was quoted in many articles on his views of the market. With a track record of 22% profit in year of 2008, and over 90% profit in 2009 already, Koren stands as one of the few traders that has always outperformed the market by over 30% every year. Idan Koren also posts a daily video on youtube which he outlines his outlook for the market, and gives investors on www.marketguru.com a taste of his outlook on the opinions column.

Investment Strategy
While to some Idan Koren's technical chart analysis for options strategy may seem risky, he is continuously hedged by having a long-term and short-term portfolio which have opposing outlook positions. In a bear market, Koren will take on bullish longer term position and trade the markets down in his short-term portfolio. In a bull market Koren will look to short in his long-term portfolio and trade the markets up.

Market Outlook
Idan Koren Intraday Commentary could be found at: www.stocktock..com Idan Koren Daily/Weekly Video Updates could be found at: www.marketguru.com