Today I wanted to show you facts from one website, and their member only trade records. Well, there are few assumptions I made. This website has been consistent in blowing up accounts. These trades were from Jan 01-2014 to Aug 20-2014. (Subscription fee for 1 year is around $500, and has about 120 Subscribers) That is good enough income for any average american.
Tons and tons of websites for alert service, I am tired with this crap. Alert services target novice traders, because they prey on them. Its the truth and deal with it. Any professional trader will accept this.
2012 - 2013 I have been on many different website, never took a trade on their recommendation, instead was trading my plan.
I don't blame them, A trader can manage his account well. No Matter how good a trader is, he cannot mange your account because he will not know your risk tolerance in the market, so please stop paying others for trade alerts, pick a strategy, paper trade and stick to it. You will soon become independent and care less about what others say about your stock.
| Entry | Exit | Shares/Options | Entry | Exit | P/L | $10,000.00 | Starting Balance |
| 0.5 | 0 | 1000 | 500 | 0 | -500 | $9,500.00 | |
| 1.45 | 2.73 | 500 | 725 | 1365 | 640 | $10,140.00 | |
| 1.45 | 2.35 | 500 | 725 | 1175 | 450 | $10,590.00 | |
| 2.6 | 0 | 1000 | 2600 | 0 | -2600 | $7,990.00 | |
| 0.45 | 1.1 | 1000 | 450 | 1100 | 650 | $8,640.00 | |
| 0.51 | 0.34 | 1000 | 510 | 340 | -170 | $8,470.00 | |
| 1.98 | 1.2 | 1000 | 1980 | 1200 | -780 | $7,690.00 | |
| 2.28 | 1.95 | 1000 | 2280 | 1950 | -330 | $7,360.00 | |
| 1.85 | 1.2 | 1000 | 1850 | 1200 | -650 | $6,710.00 | Not enough fund for next trade |
| 8.55 | 4.275 | 1000 | 8550 | 4275 | -4275 | $2,435.00 | This was a no stop position. if you did not get stopped out. |
| 0.85 | 0 | 1000 | 850 | 0 | -850 | $1,585.00 | Not enough fund for next trade |
| 2.63 | 1.315 | 800 | 2104 | 1052 | -1052 | $533.00 | Account Blown - Not enough Fund to trade 10 Contracts |
| 2.5 | 3.3 | 500 | 1250 | 1650 | 400 | $10,933.00 | Refunding 10k |
| 2.5 | 4.57 | 500 | 1250 | 2285 | 1035 | $11,968.00 | |
| 1.45 | 0.98 | 1000 | 1450 | 980 | -470 | $11,498.00 | |
| 1.64 | 0.8 | 1000 | 1640 | 800 | -840 | $10,658.00 | |
| 2.85 | 3.84 | 1000 | 2850 | 3840 | 990 | $11,648.00 | |
| 2.85 | 3.74 | 1000 | 2850 | 3740 | 890 | $12,538.00 | |
| 0.75 | 0.6 | 1000 | 750 | 600 | -150 | $12,388.00 | |
| 1.18 | 0.81 | 1000 | 1180 | 810 | -370 | $12,018.00 | |
| 2.14 | 2.32 | 1000 | 2140 | 2320 | 180 | $12,198.00 | |
| 0.68 | 1.5 | 500 | 340 | 750 | 410 | $12,608.00 | |
| 0.68 | 2 | 500 | 340 | 1000 | 660 | $13,268.00 | |
| 4 | 3 | 1000 | 4000 | 3000 | -1000 | $12,268.00 | |
| 3.33 | 1.05 | 1000 | 3330 | 1050 | -2280 | $9,988.00 | |
| 0.34 | 0.8 | 1000 | 340 | 800 | 460 | $10,448.00 | |
| 1.32 | 1.25 | 1000 | 1320 | 1250 | -70 | $10,378.00 | |
| 0.81 | 0.6 | 1000 | 810 | 600 | -210 | $10,168.00 | |
| 0.53 | 0.77 | 500 | 265 | 385 | 120 | $10,288.00 | |
| 0.53 | 0.6 | 500 | 265 | 300 | 35 | $10,323.00 | |
| 0.67 | 1.88 | 500 | 335 | 940 | 605 | $10,928.00 | |
| 0.67 | 1.15 | 500 | 335 | 575 | 240 | $11,168.00 | |
| 1.1 | 0.69 | 1000 | 1100 | 690 | -410 | $10,758.00 | |
| 1.3 | 0.88 | 1000 | 1300 | 880 | -420 | $10,338.00 | |
| 1 | 1.34 | 500 | 500 | 670 | 170 | $10,508.00 | |
| 1 | 2.44 | 500 | 500 | 1220 | 720 | $11,228.00 | |
| 0.63 | 1.02 | 1000 | 630 | 1020 | 390 | $11,618.00 | |
| 0.83 | 1.7 | 1000 | 830 | 1700 | 870 | $12,488.00 | |
| 1.8 | 2.19 | 500 | 900 | 1095 | 195 | $12,683.00 | |
| 1.8 | 2.5 | 500 | 900 | 1250 | 350 | $13,033.00 | |
| 0.22 | 1.2 | 1000 | 220 | 1200 | 980 | $14,013.00 | |
| 1.55 | 1.05 | 1000 | 1550 | 1050 | -500 | $13,513.00 | |
| 5.45 | 6.6 | 1000 | 5450 | 6600 | 1150 | $14,663.00 | |
| 0.9 | 1.78 | 500 | 450 | 890 | 440 | $15,103.00 | |
| 0.9 | 1.93 | 500 | 450 | 965 | 515 | $15,618.00 | |
| 1.03 | 1.41 | 500 | 515 | 705 | 190 | $15,808.00 | |
| 1.03 | 2.18 | 500 | 515 | 1090 | 575 | $16,383.00 | |
| 1.33 | 2.35 | 1000 | 1330 | 2350 | 1020 | $17,403.00 | |
| 2.4 | 4.85 | 500 | 1200 | 2425 | 1225 | $18,628.00 | |
| 2.4 | 4.25 | 500 | 1200 | 2125 | 925 | $19,553.00 | |
| 0.93 | 0.99 | 1000 | 930 | 990 | 60 | $19,613.00 | |
| 0.98 | 1.02 | 1000 | 980 | 1020 | 40 | $19,653.00 | |
| 1.14 | 1.75 | 500 | 570 | 875 | 305 | $19,958.00 | |
| 1.14 | 1.08 | 500 | 570 | 540 | -30 | $19,928.00 | |
| 2.45 | 3.3 | 500 | 1225 | 1650 | 425 | $20,353.00 | |
| 2.45 | 4.9 | 500 | 1225 | 2450 | 1225 | $21,578.00 | |
| 2.8 | 1.15 | 1000 | 2800 | 1150 | -1650 | $19,928.00 | |
| 2.31 | 2.77 | 1000 | 2310 | 2770 | 460 | $20,388.00 | |
| 1.85 | 0.5 | 1000 | 1850 | 500 | -1350 | $19,038.00 | |
| 0.35 | 0.5 | 1000 | 350 | 500 | 150 | $19,188.00 | |
| 0.63 | 0.91 | 500 | 315 | 455 | 140 | $19,328.00 | |
| 0.63 | 1.25 | 500 | 315 | 625 | 310 | $19,638.00 | |
| 1.6 | 1.72 | 1000 | 1600 | 1720 | 120 | $19,758.00 | |
| 2.3 | 2.95 | 500 | 1150 | 1475 | 325 | $20,083.00 | |
| 2.3 | 1.93 | 500 | 1150 | 965 | -185 | $19,898.00 | |
| 0.83 | 1.06 | 500 | 415 | 530 | 115 | $20,013.00 | |
| 0.83 | 1.19 | 500 | 415 | 595 | 180 | $20,193.00 | |
| 0.4 | 1.03 | 1000 | 400 | 1030 | 630 | $20,823.00 | |
| 0.6 | 1.45 | 1000 | 600 | 1450 | 850 | $21,673.00 | |
| 1.97 | 0 | 1000 | 1970 | 0 | -1970 | $19,703.00 | |
| 0.82 | 1.2 | 500 | 410 | 600 | 190 | $19,893.00 | |
| 0.82 | 1.47 | 500 | 410 | 735 | 325 | $20,218.00 | |
| 1.68 | 1.1 | 1000 | 1680 | 1100 | -580 | $19,638.00 | |
| 1.15 | 0.94 | 1000 | 1150 | 940 | -210 | $19,428.00 | 8 Months Still not Broke EVEN in this MARKET. |
It is very Clear that someone cannot manage your risk. I do have many proof that I have accumulated from 2012 - 2013. Same story different numbers.
No comments:
Post a Comment