In THIS article, I detailed the success of a certain Adam N. who’d risen through the ranks of Covestor (see rankings HERE) to be neck and neck with me.
Now Adam was kind enough to send me detailed information about his trades and he even seems to have the right outlook—that being not to have any expectations…so enjoy his numbers—while not huge, they’re fairly realistic as to what my PennyStocking DVD and all new ShortStocking DVD seek to help you achieve. So get inspired as you see exactly what’s possible in the following he emailed me a few days ago:
Here is some information about my returns generated to date.
I started following you in June of 2008, which is when I opened up a TOS account (leaving Scottrade) and started to trade stocks based off of your methods. I got off to a bit of a rocky start, as I was inexperienced and undisciplined, but here are the last 4 months of my returns as well as where I currently stand.
(All figures are net gains after commissions)
Starting Account Size: $7665
June Return:
Profit: $661
Total Account: $8326
% Monthly Gain: 8.62%
July Return:
Profit: $ -1715
Total Account: $6611
% Monthly Gain: -20.60%
August Return:
Profit: $2773
Total Account: $9384
% Monthly Gain: 41.95%
September Return (To Date):
Profit: $4405
Total Account: $13789
% Monthly Gain: 46.94%
Leaving me with a net gain of $6124 or 80% since trading based off of your methods. I am confident that I will soon reach doubling my initial investment, only $1541 to go. But like you say, one pump at a time.
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