Except that unless you specify your methodology, no one will have any way of knowing whether or not you're just making up your trades. You're not the first person to open a journal with the idea of impressing the unwary with the results of fantasy trades. Why you people bother is beyond me, but only the truly clueless believe any of it.
Jesse says (if you believe magna that I'm JJ) that he has an audited track record of +669% (on a substantial $ account) for the period of 1996-2001. He was willing to make a substantial bet that this audit exists. Jesse also knows where the Bright offices are, and can easily be in touch with Don Bright to mediate a bet as to whether the audit is real. You don't make good call after good call, by being lucky. You want to make a bet that the audit exists with Bright as intermediary? Like my motto says, money talks and BS walks...
Position: short 2 S&P 500 index futures @ 1002 I'm going to lower my stop loss to 1010, because the trade has gone in my favor, and I'm feeling better about my belief that the market has topped. I'm going to raise my buy price to 971. And that's because I want my profit in cash, not on paper. Now, turn those machines back on!
WOW. 669%. Holy toledo. I'm so impressed. Wow. Wait a minute. I made 1200% in 2 weeks on some yahoo options years ago. Oh well, I guess 669% is ok. Not that bad.
"I made 1200% in 2 weeks on some yahoo options years ago." Was it on a 7 figure account? Was it audited by a top accounting firm? I didn't think so. Furthermore, I said I made +669% over the ENTIRE period of 1996-2001 on a 7 figure account. And from now on, I will only stay on topic in this journal. I pass the torch to Johnny Rotten. My job has been completed here. I'm through raising hell. I've succeeded, and I know when to quit.
Remind me again how you are teaching us all to make money? The SP is currently at 1004.5 and you are losing money. Will you be a bigger man than Babak and eat crow?
Jim Radid's errr Jesse's err.... motto: IT"S NOT A LOSS until you close the position or forced to liquidate go get em JJ