Taking $5K to $250K by year end
- Thread starter allenhobbs
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Quote from allenhobbs:
Although it's early in the process, I promise that at the end of the period, I will allow anyone who is interested to confirm the validity and accuracy of the trading statements I post here by contacting my broker, who will have written authorization from me to discuss them.
In addition, if anyone wants to audit my statements at their own cost, they will get total cooperation from my broker to do that, provided they agree to post the results of that audit in this thread.
Real trades. Full disclosure. Total transparency.
I can't think of any other way to do it.
Allen,
This removes any doubt about what you do. You are willing to go much further to prove that your trades are real then anyone I have seen here. I salute you for doing this.
Anyone who doubts it now is simply a troll.
Regards,
redduke
not quite as impressive but i turned my inital $4k account into a $20k account. of course i kinda cheated by depositing $10k when i decided to trade full time. : ) in six months i haven't completely blown up (back to flat at $20k) but gosh i'd like to be consistently profitable like that.
i found this thread last night and am thoroughly enjoying it. just wanted to say good luck and i'm looking forward to following the progress, allenhobbs.
No one would be that crazy to go through the hassle of night after night posting false statements. It would be totally counterproductive since if and when the objective is reached the OP I am sure will gladly and voluntarily have the statement independently audited and post the results to further benefit from his great achievements.
If anything, all those posting unsubstantiated journals should be asked to stop crowding the forum with imaginary numbers⦠with the exception of the P/L 2008 thread, which serves a different purpose.
FWIW, I am not accusing others not posting statement of posting false numbers, rather I am saying what is the point?
Allen, focus on production and do not get defensive about the Photoshop accusationsâ¦once at 250k I am sure you will gladly have your statements audited and pay for it yourself(just a couple of more trades at that time and the audit will be paid forâ¦lol).
Now, on the trading issues, either you are over leveraged at 4 lots per 11k or I am under leveraged at 1 lot per 20k?!
Good luck
If anything, all those posting unsubstantiated journals should be asked to stop crowding the forum with imaginary numbers⦠with the exception of the P/L 2008 thread, which serves a different purpose.
FWIW, I am not accusing others not posting statement of posting false numbers, rather I am saying what is the point?
Allen, focus on production and do not get defensive about the Photoshop accusationsâ¦once at 250k I am sure you will gladly have your statements audited and pay for it yourself(just a couple of more trades at that time and the audit will be paid forâ¦lol).
Now, on the trading issues, either you are over leveraged at 4 lots per 11k or I am under leveraged at 1 lot per 20k?!
Good luck
Sorry, I am not going to incur the costs of an audit for those who seek that level of comfort. This isn't an IPO!
At $11,000 net equity, I will increase the trading size to 4 contracts which I expect will commence 4/7/08.
Thank you for following the Journal.
How did you do on Friday? I don't see the P/L. THanks.
It's posted. Look harder. And thank you for following the Journal.
Results: 3/31/08
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