Student Success Stories

Using various techniques taught by my coach such as candlestick charts, indicators, and stock screeners my portfolio value was $16,400 and in 2 months time value was $205,925.

I would buy calls 2-3 strike prices out-of-the-money and hold till they were close to in-the-money and sell. Then just do it all over again.  This has tremendous potential to build wealth.

Jim W.
Lancaster, OH

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I've done 58 trades this year....51 are plus money $78,000 and my 7 minuses were around $11,000. I've been on a roll for the past 2 1/2 months...I've had 31 trades in a row that were on the plus side.  I have 7 trades I have bought this week but haven't sold them yet. So I'm getting better each day.

Charlie H.
Jupiter, FL

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

You told me to keep in touch so I hope you do not mind me sharing more success with options!!!  I think I am still shaking...I am not joking.  It's almost scary.  I do not have a crystal ball, but when you are right, the rewards are sweet.  I am so blown away.  My two successes have to do with General Motors and Exxon Mobil.  I had these contracts a while ago so it seemed like they were just going to expire worthless.  Yet I had gauged the market correctly a while ago and just had to be patient.  GM stock plummeted and when I finally closed the contract it represented a growth of 63.2%.

I have you know I got out before the stock dropped 31%.  I was more patient with XOM (Exxon Mobil).  Crude oil has been dropping.  Exxon Mobil dropped dramatically with the -670 drop in the DJIA.  Today the stock fell further and when I closed the contract it represented a growth of (are you sitting down???), 851%!!!!

I looked at my Options Xpress account balance and nearly fell off my chair.  Are you kidding??  When I saw the contract on Exxon Mobil, I could see why.  I got out...do not want to be too greedy.  Take your profits when you so fortunate and get out.

I do not share this to brag.  I may be slightly more advanced that the average investor but by no means, an experienced expert.  Again, I credit my success to my mentors.  

Let stories like this serve as a reminder to you that what you are doing and the time you devote to Prosper makes a difference.  I have my own company and am having some success in the market at a time when much of the country is in economic crisis.

Michael J.
Los Angeles, CA

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I've had the privilege of being the student of Prosper for the past three months in the investing program at Prosper. It's very out of character for me to share my personal success with others, but I find it important if other students are on the fence regarding this program.

This program is beyond expectation. I asked my if I could post this success story regarding two trades I made in my retirement account over the past two and a half weeks. But I must update even that because I just had another great trade. Two weeks ago I did a straddle trade on John Deere (DE) profits in less than 3 hours were a little over $20,000. Then the following week right before I had my conference call with my coach I closed out of the same trade bringing in about $24,000. This trade I was in for about two days. And today as I was about to write this e-mail; I had a PUT in place on Walgreens I closed out of the position at 8:40 am, 10 minutes after the market opened with $17,000. WOW!! I could do this for a real job!!!! Cautiously optimistic and very thankful your student

John K.
Wausau, WI

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I had been trading just equities on a small scale with very average success. It was a matter of buying a stock and waiting for it to go up. I knew that I would need to learn more if I was to progress beyond that. I came upon the Prosper website and spoke to their consultants. The program was quite expensive, but now I believe it was money well spent.

The personal coaching of Josh Willis is so inspiring and informative. As well as gaining knowledge of the market overall, I learnt a number of different strategies. Whilst I would not use all of the strategies at this stage of my development, it is good to know they are there for later consideration.

I understand and utilize the normal call option buys. (I can’t yet bring myself to look for stocks going down in order to buy puts!) I particularly like covered calls because of the known risk and return, with the option to buy ‘insurance’. I have had a couple of good results, the best being SVNT (Savient Pharmaceuticals), where I bought the stock at $12.60, it is now trading at $14.32, and I sold the calls at $3.40. In this instance I chose not to use the protective put. With three weeks to go, this trade is currently showing a profit of $5,120 on an investment of $12,600. This is a static return of 27% and, if exercised at current price, a return of 41%.

Another strategy learned recently was a Strangle with contingent trades. I used this on the S&P100 index and made $16,100 profit in two days on an investment of $18,900 – albeit on a paper trade. I particularly like this strategy as it is almost like betting on both horses in a two-horse race!

I have just commenced live trading with a couple of small successes. I will continue to practice with paper trades and put the lessons learnt into live trades.

Murray D.
Manoora, Queensland, Australia

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I was watching the news last night and it was reported that Microsoft had bought a share in ‘Facebook’ and that it was expected that their 3rd Qtr results would probably be better than forecast.

This morning I looked at what the stock was doing and it was looking like the price was going to go up on the opening bell, so I logged into my Options Express paper trade account and put in a virtual order at market conditions for 120 Microsoft options Dec $35, which were last traded at $0.37, and an order for 50 options for Jan $35 which were priced at $0.47.  Total Profit - $22,359.50

I started it off with $12,000 on the 1st October and now have a balance of $37,744.21 (That’s an increase of just over 314%).

Owen S.
Pembroke Dock, Pembrokeshire, United Kingdom

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I made $10,000 in october, the first $5000 during the first week, making something like $4800 of it on that aapl bull call spread you helped me with in our last session... I was thrilled....

Judith B.
Elkins, AR

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

We made about 13 different covered calls and spreads last month that expired last week. We haven't stopped to figure our earning average, but overall we gained $20,925.40!!

We feel so much more confident in reading charts, selecting companies and trading options, covered calls and both debit and credit spreads! We hadn't really looked at stock charts before and definitely didn't know how to read them. Thank you so much for working with us. You have been an amazing coach-we have learned so much!! Using what you have taught us and following the rules and goals we have set for ourselves, we know we'll do even better in the future. Thanks again!

Roger & Lisa A.
Woods Cross, UT

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I really enjoyed the training. I had been trading about one year before I took your training. I made mistakes as most new investors make without training. Each week, I learned new ways to trade and you answered questions that I needed more clarification on. My system has been working where I buy 3 ultra-short etf's when I expect the market going down( SKF,QID,SRS). I buy 100 shares each in the 3 etf's. I buy 3 company stocks of 100 shares each when I expect the market to bounce up. If I gain anywhere from$1 to $5000, I am happy. I average around $800-$2000 daily with this method. I lose sometimes, but I keep my losses to a minimum. I continue to study options, covered calls, and vertical spreads, and I will use them as I get more comfortable. I was glad to hear about the graduate, calls and being able to stay in contact with you. I look forward to studying everything I can about the stock market, and I will continue to make money. Your expertise in stock trading and the encouragement you gave me have made me a more confident trader. John S. Palmetto, GA

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

PXD purchased on 4/3 and sold today 4/15; I only bought 5 contracts (call), but made 101% return.  I bought for $1164.95 and sold it for $2335.03, so I profited $1170.08. So far I am up $5108.28 for the month....and I still have another 15 days to go!! Also my AGU call is up 59% right now...and stock chart indicators still look to be continuing in a upward trend...and I'm so hoping I am reading them correctly!!

SUCCESS UPDATE

Well I couldn't stand it any longer and sold my AGU when it was up a little over $6.00 and it got up to it being up about $8.00 a share today...so I sold it a little early but I still had 130% gain on the stock.

    * Bought on 4/9: $3264.95
    * Sold on 4/16: $7485.00
    * Total return: $4220.05....or 130%

Total for the month so far in 16 days: $9358.28.  Other stocks I am holding are currently up $6100.00....BHP up over 50% return.  This means I almost have my training paid off before it comes due in Aug!!

SUCCESS UPDATE

I thought I would update you with another stock selling today.  I purchased 10 contracts of PXD call on 4/16 for $4.60 and placed my trailing stop at down .3 and it sold as it started to come down a little at $5.90....profit of $1,269.96 in just a few days.

I am up a total of $20,062 for the month of April....so 22 days in for the month and my other stocks I'm holding are doing good and are up about another $3K. It's looking to be a very PROSPERous April!!!

I can't say THANK YOU enough!! You are truly one of my hero's for giving me the confidence to do this and above all believing in myself !

Joyce C.
Anchorage, AK

Testimonial Disclosure: These examples are not typical. Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.