Elizabeth Olsen: Queen of Sundance For the Second Year in a Row

On the red carpet of the Critics Choice Awards, Martha Marcy May Marlene star Elizabeth Olsen - nominated for best Actress with veterans like Meryl Streep, Viola Davis, Tilda Swinton, Charlize Theron and Michelle Williams, told THR she's not as nervous about her second year in a row going to the Sundance Film Festival.

our editor recommends

Elizabeth Olsen Wins Best Actress at Ghent Film Festival

Elizabeth Olsen 'Martha Marcy May Marlene'

Toronto 2011: Elizabeth Olsen, Mary-Kate and Ashley's Younger Sister, On Journey to Oscar Contention (Video)

PHOTOS: Critics Choice 2012 Red Carpet Arrivals 

"It's been quite a year since my Sundance debut," she admitted. "Last year was my first time out and I was a bit like a deer in the headlights. This year I know what to expect - and all my producers of Martha Marcy will be there, they're my guys. I think this time I'll be able to enjoy it - that will be novel! Now I'm like an old pro. Last year I was totally wet behind the ears."

Olsen will be promoting two films: Peace Love and Misunderstanding with Jeffrey Dean Morgan, Chace Crawford and Catherine Keener, as well as, Liberal Arts with Zac Efron and Josh Radnor. 

STORY: Critics' Choice Movie Awards: The Winners

Olsen, in a yellow brocade Pucci cocktail dress, said despite her fashionista/designer sisters Mary Kate and Ashley (The Row, Elizabeth and James) - and the fact that she's the namesake of the Elizabeth - she's not a huge fashion person.

"I like clothes a lot, but more for what they say about personality and character." As for being in a category with those major names, she was extremely self deprecating."The joke's on me!" she laughed.