Why is nobody willing to post their live account statements on here?

I could post my account statement from 2007. I was actually profitable until the later part of the year($800>1215) until i lost my cool and started messing with my strategy...

My point is, if I as a relative newbie could be profitable for the major part of 2007 then surely someone more experienced/smarter/more capitalized could do it on a regular basis?

just my 200 pips....

It is very interesting how all those members who feel strongly about NOT posting their live account statements keep coming back to this thread. Every time i logg in i see a few of them hanging around.

I have no problem if you decide not to post your live account statements. There is no pressure to do it. You can still tell people on other threads that you are succesful trader. Nobody has a problem with that. And i am sure there are many traders who would wanna listen to your success stories. That is what FF is all about. Encouraging, helping one another and sharing ideas and views.

But please do not leave snotty remarks just because you dont want too or dont have the balls to post your account statement. If you want, i can start another thread called : "Reasons why i wont post my account statement." Then you can leave all your snotty remarks on there. But this thread is not for such remarks please. Please respect this request.

well somebody already posted an account statement in this thread, so doesnt that mean your challenge was met?

also there was a statement posted in this thread, and i saw the statement before he edited his account number so it looked like a real account to me.

btw, this whole account statement stuff is irrelevant. most real traders have several accounts. even the brokers i trade with dont know how much money i make because they are only seeing a small portion of my trading. i could post account statements that show 100% accuracy over 200 trades, but what would that prove? that one of my accounts got lucky? and if i posted an account statement i would lose the respect of the best traders at FF, because they too know how foolish it is. if you really want to know if forex is profitable or not, i suggest using other means such as studying publicly available CTA records. also there is some research posted here (although not forex related, but all markets are basically the same), enough to keep you busy for weeks.

Perhaps a job with Gallup or Zogby if trading doesn't work out?

If it is a live account and you have made a withdrawl out of that account then please post it after all necessary safety actions have been taken.

The main reason why I am not posting my succesfull statement here, because I dont want to share other peoples my entries, exits and compounding rules.

I dont think succesfull traders post their live statement too.

I have a positieve record in 2007. I have turned in that year $13,000 to $44,200. It can be done. You dont need to be an institional trader to make lots of money.

I Agreed that Almost no one is willing to post his success story here specially inthe form of his live account statement....I think sharing idea's , system's , Thought's , view's & Review's are batter to share instead of sharing Live account statement's...

This is one of the best threads in this forum.

If I was a profitable trader and I was posting messages giving people suggestions and writing like I know it all then I would too back it up with real live account statements.

The following is schedule of a CARPENTRY APPRENTICESHIP PROGRAM available here in Canada.
I replaced "Carpentry" with "Trading In General"

I DID NOT ALTER THE ITINERARY.

Notice a couple of things.

1) They don't even Attempt to teach you how to "Finish" until the 2nd Last Semester

2) They Repeat the "Basics" all the way through to and including the Final Semester.

3) It will take you a MINIMUM of 2 Years to simply Complete the Course. {Sadly, no mention of how long to Master it.}

4) It will cost you close to $2,000.00 as a minimum in tuition fees alone, nevermind the Tools you will need/want.

To the New Trader....
Please don't ask how to do a Compound Mitre when you still don't know the difference between MDF & ... Oak.


Trading In General "Apprenticeship"

TIG 100 Trading In General Apprenticeship Level 1
Safe Work Practices
Drawing and Specification Interpretation
Materials Identification
Hand Tools
Portable Power Tools
Shop Equipment
Survey Instruments
Site Layouts
Build Concrete Framework
Frame Residential Housing

TIG 200 Trading In General Apprenticeship Level 2
Safe Work Practices
Drawing and Specification Interpretation
Materials Identification
Portable Power Tools
Survey Instruments
Site Layout
Build Concrete Formwork
Rigging and Hoisting Equipment

TIG 300 Trading In General Apprenticeship Level 3
Drawing and Specification Interpretation
Materials Identification
Hand Tools
Portable Power Tools
Shop Equipment
Survey Instruments
Frame Residential Housing
Apply Finishing Materials
Insulation and Energy Conservation

TIG 400 Trading In General Apprenticeship Level 4
Drawing and Specification Interpretation
Materials Identification
Survey Instruments
Site Layout
Build Concrete Formwork
Frame Residential Housing
Use Special Construction Features
Apply Finishing Materials

Program Fees 2007-2008 Per Semester

Trading In General Apprenticeship
Tuition $469.80
Learning Resource Fee $46.98
Consumables Fee $0.00
Lab Fees $52.00
Coop / Practicum Fees $0.00
Private Lessons $0.00 {read "by invitation only"}
Flight Training $0.00
Studio Fees $0.00
Student Society Fees $31.93
Student Activity Fees $6.24
Other Fees $0.00
Books (approx) Unknown
Total (approx) $606.95

Bemac
AND {as we see this being required in time} Please keep track of your income as we may require you to post your $/Min Income to the www/internet.

Thank You and Have a Nice Day

Time keeps on tick'n' tick'n' tick'n' into the Future.

Simply post the folowing...

You Fk$%# A$$.
Tell me how to make money here cause I have no F$^%$ Clue how to do this and you A$$_l@s keep on sayin' you're makin' money. I want Some !

Who knows, maybe someone will take pity on you. But, alas, not me. All I can suggest is {if you have not found your way} keep trying your present strategy of calling others down to your level. I once heard 10% of women would accept the DIRECT Approach, perhaps Traders harbour a similar percentage:
ie: Hey; You a Winner? Tell me how you do it !

But I guess I'm that 90% group so...
Ahhh ... Dream On Bud.

I have seen on this forum and other forums many threads similar to this one. It challenges the established order of traders on these forums as many make a reputation according to what they write. That's not to say that those who write about it dont know their stuff; they probably do. Or that we dont value their contribution, we certainly do. But the question is do they make money with their analysis and can they prove it? This is what the thread starter is asking; simple ain't it?
The established order feels they have nothing to prove; their analysis speaks volumes. The crowd disagrees because mostly they are not making any money out of trading or out of that analysis; legitimate feeling ain't it?
Well, like with all the other times this question has been asked, the established order will either flame the thread starter or turn the whole thread into ridicule.
I guess we all knew the answer to his question well before it was asked.

Hey PipStar, I'm not quite sure I undestand your post.

"But the questions {as I see them} are...

Q1) do they make money with their analysis and can they prove it?"
A1) Yes. But I don't want to.

Q2) Still don't feel the need to post results?
A2) Correct.

[quote=Time;1839416]If you are up for this challenge then please participate. But please don't post here telling us how profitable you or your neighbours are when ur not prepared to show us your account statement. There are 100's of threads where you can tell traders how profitable you are without ever having to show any evidence. This thread is just for profitable traders who are willing to show their account statements.quote]

Hi Bemac
I quote above from the thread starter.
I am just curious to see whether anyone from the established order will rise to the challenge. Or instead just make excuses. Of course, no one should feel obliged or pressured. And I'm not taking aim at anybody in particular, but it would just add credibility if those that talk the talk can also show us that they can walk the walk.
Regards

[quote=PipStar;1841186] Dont get your hopes up. Most on the forum cant talk and walk; At the same time at least.

Hi, PipStar.

I notice you state your occupation as "trader". I also notice you've been a FF member for nearly 2 years (observant, ain't I? ).

Would you care to step up to the plate? Rise to the challenge? Or do you consider yourself apart from the "established order" (whatever the hell that is)?

As a newbie trader wannabe, I'd derive a great deal of encouragement knowing it really can be done.

I haven't ever touched on this topic on here because I don't feel that I'm in the 5% group. (yet) But I'm going to go ahead and post here. First off a little background about me.

I'm a young trader, still in high school. I haven't even took my economics class yet. I had no trading background what so ever before I came across the FX market. It was a little over a year ago, I was browsing the internet and I came across a add for FXCM. I had no idea what it was. I don't remember why I even click on it, much less downloaded their platform and started up a demo account. I remember the first time I loaded their platform. All the numbers changing,lights blinking and they were next to weird names like USD/JPY, AUD/USD, had no idea what this meant, but something caught my attenion. I'm not for sure why I even keep playing around with it. I think it was the fact after clicking on a few buttons "AUD/USD" made my account go from $50,000 to $54,000 in a few minutes, which was awesome. I have came a long why since then. I started learning from babyp*ps.com, i'm not for sure if we are allowed to post any sites so I don't want to break any rules, I went threw their 'school' section for about a month or so, then continued to learn. I bought a few books, made a couple trips to the library and read a few more. Then after 5 or 6 months of learning I opened up a live account.

I deposited $1,000 in it. Looking back, I had no system, no plan. I just lucked out and didn't end up like ALOT of begging traders and blew the account. Within a few weeks I was up $1,300. Then my father and I, I was living with him at the time, got into a tight spot and I had to pull out the initial $1,000 to help out with the bills (this was prob the best thing that happened to me). It left me with $300 of money that I 'lucked' out on I guess.




Well, I mangaed to bring that $300 down to $12 from around August to September. Then school started up so I didn't trade anymore. I left my account alone, I decided not to touch the $12 (ya I now, Big money!) until I had something that could work. I read a few more books and started looking at this site more. I came across a system that fit my time schedule and I liked.




I started trading again in the middle of November. Since then, documented every trade. Wrote down every detail that I thought had a significant and after the trade was over I did a summary and moved on. So far I have 14 trades. I took a month off during Janurary due to a new job I started and was focused on that.




From those 14 trades I have had 11 winners and 3 losers. My trades have averaged out to have 34 pips on every trade.



I guess if you want to go by the "statistics" I have traded live over 6 months, I haven't losses any money of mine, and I have made some. So does that include me in the 5% category? You tell me? I guess I have another 6 more months to go for a full year, and I would have for sure beaten the odds.




Here is what you have been asking for. My live statement proving I have "made" money. The first picture is the initial deposit. The following two are the time I started with the $12 with my account. My broker will only let me view my statements at a 65 day span, so I can't get all my trades on 1 picture.


The 2nd picture is when I started trading with a consistent strategy and taking everything more serious. With a whole $12!

I will have to post the last two pictues on another post b/c I can only upload two.

If you want I guess you could say I have had a 450% increase in my account since November


I would like to think the system I follow will continue to give these types of results and I firmly think they will. If your a newcomer to the FX market, don't let the statistics let you down. Listen to the older traders and they advise they give you, It will help you and will continue to help me as well. I know i'm a young trader, and some people won't take me this post serious. It won't hurt my feelings any, I have my goals set and I'm producing positive results on a consistant manner so I think im successful. Good luck to everyone out there.

Here are the following two pictures:

I believe you, Tex. For whatever that's worth. Lol!

I consider you in the 5% Club. A very elite group, for sure.

Now, just work on staying there.

And don't get cocky!

Thanks opie.

I don't know if I can't keep from getting cocky man. With this kind of % in return I will be in my Lamborghini in no time.

lol. When my account grows I'm not going to be risking as much as I have been. But when you have $12 in a account its hard to do 1/10th cent/pip and keep the R:R good.

Please visit only if u have the 'guts' to look on it
My account statement is nasty

lets see how helpful that is.

the truth is, if u see my account statement it shouldn't matter to you. What if I had a 100% positive track record? What if i start loosing 100% of the time as of tomorrow?

the market is dynamic and ever changing. nothing works all the time, everytime.

sorry about the account statement above...