| Troy is a construction worker |
| 8/30/05 Troy has 12 wins out of 16 trades Dear Trader, I wanted to share with you my results in my trading since I have started your course. I have had 12 winning trades out of 16 ( 75% success rate ) due to your system. Using on average about $3500 per trade. I have made about 3.5% profit per trade average.I want everyone to know that I would not have had this success without studying your stock trading information. Obviously this is not allot of money to some people, but it can just as easily have been 3.5% profit per trade using $20k. I am trading fairly conservative out of my IRA account. I can only do a couple of day trades a week without violating the "pattern day trader" rules.This is keeping my desire to trade in check and allowing me to carefully trade smaller amounts for good gains while I am learning. I am hoping to open an account so that I can "day trade" with a larger amount soon, but I will be patient. Everything in due time. I have learned so much in the last 2 months and I am continually grateful to you for your teachings. I do have a couple of questions that I hope you can answer, at your leisure. 1. How do you determine when you get out of your trades if they look like a loser? Is there a certain % of your capital that you allow yourself to lose before you sell out with a loss? 2. Is there still an opportunity to open a day trading account for $5000 with XXX Securities for your students.? Thank you Trader, Your student Troy Hoff His previous comments |
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