My first week testing Penny Stock Prophet has literally fried my head with a jaw dropping, mouth watering 747.50% profit and I got out far too early as the price eventually jumped up so high it reached a high of 3,650.00%. The stock was LYJN (Lyric Jeans). My starting bank of $1,000 has popped up in just over a week to $8,475. What would have happened if I had stayed in until the top? the balance would have been $37,500. The volumes traded were several hundreds of millions and this is realtively typical of the stocks that are picked for you by James, no shortages of liquidity and volume, what a smashing service.

It has been a fairly quiet week for Microcap Millionaires and the current pick is down by just over 3%. If it goes down to 7.5% then I will be stopped out and of course this will relect in my profit/loss sheet. This does happen from time to time and no one can be a winner 100% of the time…if you think you can be then trading/gambling/speculation is definately not for you! The total profit for the month of testing has shown a very worthy and respectable 60.01%, this figure includes the current 3% loss. Should this continue for another month or two I shall certainly be placing real trades with my own money.

It has been about a month since I was given a copy of Nick’s S&P 500 Evening Trading System. Since then I have read the detailed manual 3 times and have started to paper trade as per Nick’s suggestion. For the first week of testing I did ok, a profit of 31 pips. there was one evening where I could not trade and also another evening where I did not see any signals which was confirmed by Nick’s email that he sends to every single client. The beautiful thing about a trading system that works is that once you master it (and the evening S&P system is relatively easy to master) then you know you can trade yourself, anywhere, anyhow and anytime and should compliment the trading from stock tipsters.

And Finally…

LSTrader moves up, and from the positions Phil has set I can see that there are going to be some rather big gainers in the open positions he has (as with all the members who are following Phil’s lead). In fact, many of the trades open were long and they were long before the rally started so after a good couple of weeks of the markets taking on new highs you can imagine the sort of gains that will be made. This is definately a long term high quality trading service.

More to come through the week with all that I am monitoring and testing.