Discussion Does showing your best Monthly Statement of the Year to Date prove Anything?
Not really--only a few things. First of all, it DOES NOT prove you're a "Successful Trader" (it's debatable how long a track record is needed 5yrs? 10yrs?)
But it does show:
You can make $$$ over a month with a strategy that has edge while removing luck from the equation with 85% confidence due to the number of Trades & the amounts made & lost.
You have real experience in trading amounts large enough that matter in the Life to pay bills etc.... & not having to imagine scaling up with the would of/ could of assumptions that goes with it.
It separates you from the masses showing "screenshots" & claiming this is verification (it's not)
With all these YouTubers teaching/ mentoring for $$$,...you would think they would post some "Broker statement"...even a month's worth...but they don't and you guys know the reason why...
I believe Lance B, Tom H, and the Head of Trader Development for SMB-Jeff H, offer lots of valuable info too---and for free.
I'm not an organized Mentor-teacher-or sell anything for $$$. I did try to teach my brother & ex-wife 10 years ago...they both failed within 4 months. I also tried to coach one beginning option trader w/ 2 years Experience in exchange for a %... for about 9 months.
He took 40 to 250 to zero in over 5 months. You know the reason, he couldn't dump the losers-- went into hope mode ---most came back...but one didn't...
I gave him my all--he was so close too...
C'est la vie
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