All of these 53 trades are documented on the Motley Fool under the message board I had there. Go do some research and report back to the board and bring a fork to eat some crow.
I had 53 consecutive closed winning trades of 15% or better. At the time, during that streak, I had only 6 open losers. There, feel better? Why do you get so tied up in semantics? Just admit that I am a superior stock picker and join the rest of the world. I have not seen anyone in this forum, on CNBC, or anywhere else document that kind of record. Your claims are starting to sound like those of a 4 year old who wants his mom to buy Oreo's in a supermarket. I'm missing your point completely. You call me a liar repeatedly, yet I have shown you all documentation that illustrates that I haven't ever disguised any of my accomplishments. As far as the IRS is concerned, I had 53 consecutive profitable trades of 15% or better. Would I lie to the IRS? So today I have 18 consecutive profitable trades of 15% or better. I am HUGE!
right above, mr market says "As far as the IRS is concerned, I had 53 consecutive profitable trades of 15% or better. Would I lie to the IRS?" You don't even report to the IRS, you lying fool! Bullcrap! more lies! If you knew anything about trading and reporting to the IRS, you would know that ALL positions, whether closed or not, have to be "marked to the market" at the end of each year, so your LOSING trades would be included. Since you didn't know this, one can only assume you are only making cyber trades, none real. I kinda figured this from the start though. Geez, do your homework before you say such stupidity!
Jesse J -- No offense, but just give it a rest. Everyone gets your point. Despite MrMarket's self-glorification (which I think is hilarious), his accomplishment is impressive. Even if you include his losers, you still would've made money on his picks (roughly 8.35% average gain per trade on a >80% success rate, if I remember correctly). If he was just another snake-oil salesman, with people losing money on his picks, then I can understand your anger. But, he's actually making people money, and he's spelling out his system step-by-step, and he's doing it all for free. So, just take a couple of hits and relax, and let the guy beat his chest.
If he's not honest about his performance, he's never going anywhere on wall st. That's why they audit people, so bozos can't make false claims. But you can't audit a cyber trader, can you? as far as your claim that he's >80% winners, that's total bullcrap, and you know better than to say something that stupid. Yes, this guy had a winner, NFI, but the market has risen 10% in the last 2 weeks. A monkey with darts can also pick winners in this 2 week environment. Let this guy be honest, or he can go back to what he is, a yahoo message board cyber trader. It's obvious he has no REAL trading experience, or he would know about IRS rules of reporting.
I think the real source of your animosity is the fact that my name appears in this publication: http://www.wharton.upenn.edu/alumni/reunion/2002/87_1_newsletter.html and yours does not. Oh well...We can't all be superior now, can we? I'm not sure who does your taxes, but the only trades reported to the IRS by my broker are those that are closed.