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Thank You From the Bottom of My Heart

After my wife and I were both locked out of work during the 5 month long grocery strike here in Southern California, we knew we had to do something to supplement, if not replace, our income going forward. In our search for an avenue to do this we found Prosper. I am so grateful! My coach in the stocks and options department at Prosper showed me how to use strategies to not only make money, but minimize my risk at the same time. Having a one-on-one coach helped me to cut my learning curve by leaps and bounds.

Although I still work in the grocery store, I have already more than replaced my monthly income. More importantly, I now know I have the ability to take my dreams to the next level and take my life in any direction I choose. Thank you from the bottom of my heart! By the way, I know Prosper has a lot more avenues available and I am looking forward to expanding my education and my own ability to prosper. Thanks again,

Richard T.
Diamond Bar, CA

$7500 Profit in Less Than 24 Hours

I have to gloat.  AAPL has been good to me.  I funded my OptionsXpress account this month.  The funds became available for trading 2/5/07.  I began trading in AAPL Apr 07 $85 call options as shown on the attached.  I made several smaller trades - each time for a profit.  This week, I had sold all but 5 contracts on 2/20/07.  I liked the priced and bought a total of 45 more contracts on 2/20/07, even though it was inside the 60 day expiration window.  Then AAPL started ramping up the next day (yesterday).  I eventually sold all 50 contracts for about $7500 in profit in less than 24 hours.  I'm sure a more astute and experienced trader would be able to resist pulling the trigger as soon as I did.  But I was thrilled with the profit and so I sold about half of the position and then set a tight trailing stop on the other half.  Both of which soon sold and left me smiling!

I like this game.  Through my other account, I was also holding 500 shares of AAPL stock with a cost/basis of aroung $40,000.  It ramped nicely and made me about $2k in profit.  The options cost me about $24k and made me a profit of $7.5k.

Gee!  I wonder which looks more promising...... AAPL stock $40k capital, nets $2k profit or options with $24k capital nets $7.5k profit....

Thanks for your help.  I look forward to speaking with you this afternoon.

Joe D.
Salem, UT

Thanks for the Education and Financial Security that We Have Gained Through the Year

My husband and I started trading with Prosper due to our lack of financial preparation as retirement was approaching. We wanted more security in our investments. We found that options trading was the vehicle that was most reasonable for our situation.

I have been completely satisfied with the coaching that was received from Prosper Inc. Within 1 year of the educating process, I have made back my initial investment and more. It is becoming easier each day and with less emotion involved in the trades. We gained a 40% profit on an AAPL call within 5 days. As well as a 55% gain on ICE in only 3 days. Thanks for the education and financial security that we have gained through the year.

Dick & Rebecca C.
Harriman, TN

I Have Made a Profit of $16K

After 2 years of frustrating losses, I joined the mentor program. My first call to my mentor was about a week and a half ago. I explained how I was trying to scalp everything to make some money. He told me to calm down and use what I already know. I just wanted to call and say thank you. Using a demo account, per his suggestion, from July 6th, to the 17th, I have made a profit of $16,249.32, all because he told me to calm down. Those were not his exact words but that is what he said; go for big moves in the market every couple of days don’t try to scalp everything every five seconds. I want to say thank you in a big way. I am going to continue to do this paper trading in the demo account for at least another month. So far, I have done 7 trades and every one of them has been at least 100% or more profitable. I think I have found a strategy that works very well! Like I said, I am up over $16,000 and I just wanted to say thanks again!

Just as a side note, I am in my 8th trade (July 19) and already ahead by $2500.

Jeremy S.
Waxahachie, TX

From $16K to $205K in 2 Months Time

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

Up 56% in One Month

Thanks for the info. Yes: Monday 6. p.m est will do great. Mark exit his trade, he had 5 contractARO 45 calls @ 2.80 and exit at 3.10 because the chart did not look like an upward trend so he decided to exit the trade, an 11% gain. Nice gain for the month of May our trading account gain $7,000 an equivalent of 56%. Thanks for the coaching we are now making more informed decision and are able to keep most of the money we make.

Renee & Mark B.
Toronto, ON, Canada

Enrolling at Prosper is By Far the Best Thing I Have Done For My Financial Help

Aloha Mr. Anderson: My blessing flow to you Dr. Cooper and especially to Mr. Anderson my personal Coach.  Enrolling at Prosper Learning is by far the best thing I have done for my Financial Health.  You open the doors of AN EXITING NEW CARRERA!!!

Thank you.

Maria C.
Ocean View, HI

You Helped Me Gain Confidence

I have been more successful than not thanks to your guidance on stock ratings within MSN, the volumes, the fundamentals guidance etc. OK, the successes have been--- SNDA, in August, got into a 30 call Dec 07 at $2.80 and out in early September at $4.40-----JNPR 1st October, 35 October call at $2.05 and within a week got out at $3.05, 50% in a week!! -----LVS in October, got into a 135 call at $4.80 and out within one day at $6.90 (You can work out the %) and NUAN a November 20 call at $1.95 and out in a week at $2.80, DRYS a 200% gain in 6 weeks. All of these trades were either new in the market place and appeared in MSN watch or various trade papers.

I learned more from the failures notably WMT and BXP both of whom had good ratings, WMT being one of the dogs of the Dow, and BXP earlier this year was highly recommended--both of whom have slumped with retail news and the housing climate in the US.

You helped me gain confidence, learning to sometimes be patient by putting them in my watch list--and knowledge of trading--the picks have been mine--but I have had a winning year---up approx 95% in my first year.

Martin M.
York, North Yorkshire, United Kingdom 

A Few Months Produced a 90% Return

When I started with Prosper, my only experience with the stock market was mutual funds. After just a few months, my newly acquired knowledge of fundamentals, technical analysis and trading strategies produced a 90% return on an options trade! It's a whole new ball game! Thanks, Coach!

Daphne P.
Marco Island, FL

Over $7500 in Two Weeks

Thought I would tell you about a couple of recent trades. I bought ten put contracts of Home Depot on 11/6 and sold them three days later for a gain of $869.95! I also purchased 8 calls on Priceline on 10/29. I sold them on 11/9 for a huge gain of $6,769.87!

Garrett C.
Greenwood, IN

You've Shown Me Techniques To Reinforce My Trades

I just wanted to thank you for being such a patient and understanding coach. You have provided me with such a wealth of knowledge to reach my financial goals.

One of the most important things that I have learned from you is to always be conscious of my emotions as it relates to the stock market and the various option trades. You have shown me a variety of techniques to reinforce my decisions to make trades. A small number of my paper trades didn't do well, however you were able to show me where I made mistakes and how to rectify them. The trades that performed well generated substantial profits for me. The profits out-weighted the losses significantly. I have learned a great deal. I now have to take this knowledge and use it on a regular basis; make it a part of my routine. Covered calls seems to be my favorite strategy. This option will provide me with the most protection while allowing me to manage my own investments. It will be my primary trading tool. Once I master this strategy, my plan is to explore and utilize other options. My financial future looks so much brighter thanks to you. You are a great coach and I am so glad that you were chosen to be mine!

Valarie T.
Kansas City, MO

It Will Be Great to Continue to Build My Account

I choose appl for a couple of reasons, the release of the I phone was going to be popular, the indicators were good, and the heads up from the triangle breakout. Thank you. I put in a contingent order for 130, I believe it was trading at 132 and change, I am plus $2800.

SUCCESS UPDATE

The trade was made on Feb 5 chain .XLFRA 10 contracts, 2.09 $ Sold today at 3.61 so 1.52 upside thats about 72% or $1520.  I am bringing the money home this time to pay off bills. Since going through the trading process, I definitely learned a lot and it will be great to continue to build my account.'

SUCCESS UPDATE

I did a xlf call on Wednesday at the end of the day and put a stop on it this morning.  I was up 70% and stop set at 50% and sold me out.  Wish it didn’t get sold out but followed my discipline and achieved my 50% target wanted so that’s great! Seen rimm move good today with a gap up, will have to invistigate it a little more later tonight, take care ($800 gain in 2 trading days... amazing).

Adam C.
Tilbury, ON, Canada

I Have Grown My IRA More in 6 Months than My Group Did in 6 Years

Hopeful and excited!

That is how I feel when using the information I have learned from Josh Willis.  I am a single mom and was out of the work force for several years.  The success I have had with stock trading is going to allow me to do what I love best and that is take care of my kids.

I have two trading accounts, an individual and an IRA. I have grown
my IRA more in 6 months than the group (that it was with) was able to
grow it in 6 years.

I still have a lot to learn; but I feel great about the choice I made
to go with Prosper for my education; or I should say, to lay a great
foundation for my stock education because it is an ongoing process.

K. McConnell
La Jolla, CA

I Am Up 100% On My Puts

Well, to say that I have gotten good information from my coach would be an understatement! Now the question is how long do I hold on to UNH. I am up 100% on my puts and all the Healthcare stocks are under pressure.

SUCCESS UPDATE

APA is position that I have been holding. I purchased a call position a month or so ago. Over the course of the month I have sold off parts of that position to protect gains. Now I am left with a small balance of that position that closed Friday at over 100% gain.

Gene P.
Park City, UT

I Got Out with a $590 Profit

So I found STP I only bought 1 @ $ 6.80 coast $ 694.95 with a trailing stop behind it. Just a few days later I checked back on the chart set a new trailing stop. I had the feeling that this was going to do well. I got out at $ 13.00 ( $1285.03 ) with a 590.08 profit and it was locked in. I was looking to get in in cheap to test my trading skill. I always get in with 10 contracts.

Andrew R.
Orange Park, FL

Your Training Sessions On Sectors Was a Big Help

I wanted to send and quick hello and a great thank you for starting me on my way to a fun and profitable future. I never new how much of a 'numbers' person I was until you taught me how to read the stock market. I wanted to share a few of my better trades with you and I am sure as my experience grows so will the dollars!

Back in the beginning of October I picked up 2 contracts of GES DEC 50 call at a strike of $4.50. All indicators looked good at the end of Sept. but I waited for GES to cross the 50 day moving avg . In just 3 days my trailing stop kicked me out at $5.70. That was a net profit of $210 or 23%. I watched the stock take a little dip at $52 then it climbed up over $56. I was happy with my gain, but had I been a little braver I would have doubled my return in 2 weeks.

The next fairy tale was my purchase of 1 contract of WNR DEC 35 PUT also in October. I picked it up at a strike of $2.40, but a disappointing week had it fall to $1.70. Still having confidence in my decision to buy I picked up 3 more contracts at 1.70 that averaged my purchase price to $1.88. In 2 weeks it came back to $3.10 strike where I sold for a 45% gain. I learned on that trade that a fall in strike price can sometimes help you!

Finally at the end of October a bought 2 contracts of WFR JAN 08 70 call at strike $5.80. The quarterly earnings was released with good news. In just 4 days I sold at $8.30 making $470 and a 40% profit.

Most of my other trades I make about 4-6% in a few days. Even though I have had my losses, I have learned a great deal from them. You were absolutely right when you warned me not to 'marry' any particular trade. I have now set a 20% loss tolerance for my trades and I think that will work well for my trading personality.

As always your training session on sectors was a big help and a great review. Thanks again, Josh and have a fabulous weekend!

Katherine S.
Hellertown, PA

$9080 in Three months Time

I was looking at the shipping sector, which had a very high weighted alpha and found DRYS. At that time it was at $44.57, it had a very high volume, PE was at 14.40, and FPE was at 8.80. Average growth weight of 59.9%, RSI was 71 and rising, MACD and Slow STO also rising. All indicators told me to buy so I bought 4 contracts of December 50 call for $4240, now worth $9440--$5200 to the good and holding.

My second best trade so far is NOV. I don't have all he statistics on this one like I do on the other; however, I bought 4 contracts of November 115 call because all of the indicators told me to. Right now it sits at $3880 profit and I am going to hold this one a bit longer also.

Two trades totaling $9080 in three months time, not too shabby. You taught me well.

Ken A.
St. Paul, MN

In Two Months Time I Turned $4K into $15K

I started out with $13000 of my own money. I started buying certain options just because of the stocks earning estimates. I did this for about a month with losses most of the time, because they weren't stable companies. I then turned my attention to apple, a very stable stock meeting almost all criteria. When the stock was rising fast in July 2007 I bought a Jan 2008 200 call for 4.50, rather than watching the charts I bought strictly because I thought I was going to miss out on a huge jump. The stock then continued to go down for 2 to 3 weeks and I couldn't handle it any more and I sold out for a mere 1.25 taking me down to $4000. Had I sold out earlier it would have been reasonable, but at this point I should have rode it out. I was crushed and honestly considering that the stock market wasn't my thing. Well apple started to rise again and I bought a spread this time, and then I bought a Jan 2009 300 call and in two months time I had turned $4000 into $15000. Although apple has taken a dive here of late I am still up and this time I will wait for it to go back up. Just for fun......that Jan 2008 200 call I sold out of went all the way up to over $10, so had I stayed in it with my $4000, I would be sitting with about $30000 right now.

Roth C.
Harrisburg, IL

I Learned My Style of Investing

I just wanted to drop you a quick line and write this message as a testimonial. I am very happy I signed on with you and Prosper. Investing on my own is something I always wanted to do and thanks to this system, I am now able to work out of my house and meet my financial needs.

One thing that is very interesting about getting involved in this program is I learned a lot more about myself than I anticipated. I learned my style of investing. For instance, I like to research stocks that I think are going to go up, not down. I find it much more rewarding to approach investing in that manner. I also feel it is supportive of our economy, not detrimental to it. I enjoy a bull market far greater than a bear market. I have learned my risk tolerance and know what investment levels I feel most comfortable with. I was not aware of these important issues until I started trading on my own.

I have utilized those websites you have suggested. They have been very helpful in my decision making. I also use the price limit trades and trailing stops as key tools when trading in my Optionsxpress account.

I have enjoyed trading in Apple, ATI, Freeport McMoran, Google, Goldman Sachs, Mastercard and Apache. Granted, I have made some mistakes, but my gains have far exceeded my losses.

I have set financial goals for myself and, while they have not yet been met, I can tell you that every month my income has grown from the month before. Right now, I am controlling nearly 4000 shares of stock with about $15,000 invested.

To date, I have been able to pay for my educational fees and publications. I have seen my account balance grow as well.

The most important thing is the independence I feel. With your help, I have learned a new profession. I have set lofty goals for myself, but truly believe they are attainable. Because of these things, I am now able to spend more time with my family, travel and do things that are more important to me than working for someone else.

Josh, I thank you for these things. You are the best and I look forward to our next session.
With appreciative regards,

Wes L.
Moline, IL

I Am Beggining to Allow Myself to Achieve My Dreams

I have taken two other courses designed to teach me how to trade stock and/or buy options. I am a diligent student, yet despite my best efforts, I have lost lots of money or been paralyzed with fear of trying again. Josh has changed all that. I cannot believe the paper trading success I'm having because of him. He is without a doubt the best teacher I have had. He has inspired me, encouraged me, thus my confidence is slowly increasing. Its almost too good to be true! I am beginning to allow myself the possibility of achieving my dreams.

Susan C.
Hayward, CA

$78K Profit in 51 Trades

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

Thank You So Much from a Future Life Long Trader

Thanks to the great teachings of Dr. Cooper and the excellent coaching of Mr. Joshua Willis gave me the confidence to make my first trade last week.  I bought a call option on Google, 3 contracts valued at $10,484.95. Sold the option contracts 2 days later for $13,394.84. I profited $2,909.89.

Later that week I jumped on the earnings bandwagon for Radio Shack and profited $369.98.  Thank you so much from a future LIFE LONG TRADER.

Todd H.
St. Marys, OH

Being Part of Prosper Learning Has Great Rewards

Being a part of the Prosper learning group has great rewards to those that wish to apply themselves.

I was so excited with my first real trade - making over 100% return! Wow. I had been working in the virtual trade and placed a real trade SMH HG at $1.43 and sold at $3.35. Market value was $1,425.84 and sold at $3,334.94.

This is an answer to a prayer and a way to provide myself with a living for the rest of my life.

Ginne M.
Redding, CA

I Have Learned that Options Can Deliver Income

I am still learning. My best trade was GM and QQQQ.

The Q's were done as a straddle just before the Fed meeting. I knew the ETF would react. I made about $300.00 in 5hrs. I learned that keeping your trailing stop loose enought allowed the trade to work.

The GM trade was made because I thought the strike would not last. I bought a 3 month call. I had a profit of about 1250.00

The CRNT trade was my best. I bought a long call. I placed a trailing stop. I had to participate in a seminar. The stock opened high during the morning, started retreating and the TS sold me out for a profit. The profit was about 3000.00

I have learned that Options can deliver income. A person must take their time and analyze the moves well. A person should always follow the trend of the market.

Scott O.
Marion, IN

The Education I Received is Invaluable to Me

The education that I took at Prosper has been invaluable to me.  Before Prosper I was just pretty much hunting, pecking, buying stocks and options based on emotions and my perceptions of the law of averages...it doesn’t really work that way, finding myself experiencing probably 17 out of 20 losers.  When I actually started using Prosper’s techniques I increased that from 17 out of 20 losers to about 8 out of 10 winners.  The one thing that it did give me was some rules and discipline that I can use to guide my training.  It will be up to me, of course, to employ that and take control over my emotions, but now I actually have the resources and the knowledge to be able to do that.

Jason S.
London, ON, Canada

The One-On-One Sessions Have Been Extremely Helpful and Enjoyable

Since beginning the stock market study course I have:

  • Become very comfortable with plots in Stock Charts.com use them extensively.
  • Gained a great appreciation and confidence in the stock evaluation techniques that you have taught. A number of my stock positions took a hit from the aftermath of the sub-prime loan problems and I sold them. This was a mistake as they have been rebounding in good fashion.
  • Learned about options trading was new to me and an awakening as an alternate to buying the security. It also seems to be a safer way to invest. 
  • Used trailing sell order to protect a nice gain from a subsequent price reduction. This is a very good thing to know about.

Both the group coaching and especially the one-on-one sessions have been extremely helpful and enjoyable.

Robert H.
Indianapolis, IN

I Made $10K--The First $5K in the First Week

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

I Can't Wait to Learn the Rest of the Course!

I signed my enrollment agreement 1/26/2006.  I was a little hesitant at the price at that time.  It seemed a lot of money to me.  I had been trading stocks but really wanted to learn options. The next week we started and are now into our 10th or 11th week of class. I'm sorry but I just couldn’t' handle watching all those green numbers on our paper trading.  I had to start on my own.  Needless to say, I made some mistakes, and I will learn from them, but the end result was fantastic. I made lots of trades in and out, some of which (7 or 8) I lost on. The best ones were on our IRA accounts though:
                                                                          
I definitely learned to concentrate more on my bid and ask spread prices. I almost got stung there. Instead of making money I'm going to come out even because of the spread. Because you don't lose as much on your losing trades as you make on your good trades I totaled a gain of $137,645.94 from 4/3/2006 to 4/21/2006 and I still have a couple of trades running.  And of course I subtracted my cost of the course from that.  Thank-you, thank-you, Coach, Dr. Cooper, and I can't wait to learn the rest of the course!

Vicky K.
Sun City, AZ

$4000 in Less Than 24 Hours

Just to let you know how pleased I am with what you have taught me so far. I used one of the strategies, the earnings, and watched CSCO rise. Instead of watching the next opportunities, I decided to put my money in the market and noted that the next two that I invested in met the criteria that I've learned from the program. Specifically, the criteria that I examined was that the 'EPS ESTIMATE' was higher than the 'PREV. YEAR ACTUAL' I used this initial screening to investigate further by clicking on the company name to ensure that most of the actual results exceeded the estimated results, then confirmed that there was no significant recent news about the company and that the average daily trading volume was averaging over 600K.

My first purchase was John Deere (DE). Here's what I did: August 14/07: I purchased a September call with a $125 strike price, 10 contracts @ $2.75 = $2,769.95 (cost after commission).  August 15/07: I sold the 10 contracts @ $6.10 = $6,079.86 (proceeds after commission). Profit in less than 24 hours: $3,309.91.

The next day, I thought I'd try it again, this time I looked at Hewlett Packard (HPQ). Here's what I did:  August 15/07: I purchased a September call with a $45 strike price, 20 contracts @ $2.75 = $5,529.95 (cost after commission).  August 16/07: I sold the 20 contracts @ $3.40 = $6,769.83 (proceeds after commission).  Profit in less than 24 hours: $1,239.88.

During a week where all of the investment news was bad, I managed to make $4,549.79.  I can't wait to get good at this.

Thanks so much for changing my life. I now think that the stock market might be able to provide my family with some improvements to our lifestyle. I am in your debt.

Burt T.
Grimsby, ON, Canada

I've Made $3700 Since October

In September, I decided to balance the portfolio and started taking the profits more quickly. I decided that each week my goal was to increase my portfolio by $1000 a week. I looked at the Index charts and remembered what you taught me—trust your knowledge and your gut. I started to inch my way back because I was only trading in the $500-$800 range. I finally had a profitable month.

In October, I increased my trading range in the $1000-$1500 range because my confidence level was increasing. I still took my profits when I could and moved on to the next one. I stopped trying to hit the home run but started scoring with singles. As a result, I made $3700 since October 1st.

I remember you told me that you have to have a feel for the market. I did not understand what that meant last summer. I understand it now.

Tom B.
O'Fallon, IL

I Found What Was Needed to Be Successful in the Stock Market

My gratitude goes out to you for sending me the email that I received about three months ago introducing me to your stock market education program. Upon the telephone contact that I received after my answer to your email it was right away realized from your introduction personnel that I had found what was needed to be successful in the stock market. After a couple of days when reading the information provided a feeling of confidence had overtaken me.

Now since approximately three months have passed my feeling of confidence has really increased to a volume that is unexplainable. Over the years with my trading experience it has been win a few and lose a lot. So thanks to the literature and staff of PROSPER (Please notice that I capitalized the word prosper because it sure means what it says PROSPER). This is what I predict and know that I am going to do and have already started doing and that is prospering.  Again thanks & gratitude

Proud Prosper student,

Donald D.
Dayton, OH 

We Are About $8K Ahead Right Now

We are doing great. We have been actively trading real money since June 1 and we are about $8,000 ahead right now. We have been making money during some really volatile times and feel really good about where we are. We are mainly doing bear call or bull put spreads and iron condors. We would love to set up a time to talk with you again. Let me know if you have some times available.

Diane J.
St. Louis, MO

Investing in Prosper is the Best Thing I Have Ever Done

I can happily say that the investment in my education at Prosper was the best thing I've ever done. I have been trading live since February this year and so far have made a profit of about 40 to 50%. I am very excited about my trades as I have never made a good a profit in the past while trading.

Thank you Prosper for giving me the knowledge to become a profitable trader.

Paul J.
Auckland, New Zealand

Stock Student Balance Increases Over 314%

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

I Paid Off My Tuition and Doubled the Value of My Portfolio in Three Months

I am so glad to have decided to hire the coaching service of Prosper Learning and my coach!  I came upon this service through a conversation with a friend who has used this group for the Real Estate coaching.  They highly recommended Prosper and I learned they had coaching for Stock Market Investing.

Before I hired this coaching, I was a long term investor, knew very little about the markets, and depended on financial advisers to make my investment decisions.  I learned more about investing in the markets and the leveraging power of options than I ever knew existed.  With the strategies that were taught to me, I was able to practice in a "paper trading" account to see the powerful potential this type of trading can provide before I ever risked working with real money.

Since I started trading with real money, I have paid off my tuition for the coaching and have doubled the value of my portfolio in a time period of three months!! I feel like I have control over my money's destiny and I definitely have a greater return on investment than what my financial planners could do!!

Thanks again to my coach and Prosper Learning for this awesome service!!

Glenn M.
Colorado Springs, CO

If My Coach Can Teach Me How to Make Money, He is Very Good!

I have wanted to do this for a few years after letting someone else lose about $86,000 for me. My Prosper coach (teacher) is a very good and understanding. I have learned a lot from him; he is teaching me how to trade stocks and options.

So far I have made approximately $5,000 on Nike and some others.  I think he is a very good coach and teacher. If he can teach me how to make money he is very good.

Michael M.
Wingo, KY

If I Have Difficulty Understanding Something, My Coach is There

This is the best thing about Prosper Learning. If I ever don't understand anything or have any difficulty, my coach is always there. He really cares about my success. Even after you finish instruction, he cares about me being successful in the stock market. I feel so much better knowing I have someone who cares and who is there to answer all my questions and help me work through any difficulties I encounter. Learning about the stock market is made a lot simpler having a coach to help you.

SUCCESS UPDATE

My coach taught me the covered call strategy. He showed me a website where I could find great stocks to trade. Using this website, I purchased stock in 8 companies. Then I used the strategy and made over $3000 in three weeks. I will continue to use this website and strategy to build my account. Thank you, Prosper Learning.

Bob S.
Louisville, KY

46% Profit in Less than 1.5 Hours

Just thought I would inform you of the quick small profit I made today.  I bought .OEBRL (OEX JUN06_500 PUT) @ about 8:10AM.  It got filled at 1.70.  I watched the market for about 20 minutes and then went to watch a little bit of TV.  I then took a shower.  I came back and saw that the OEX was approaching the Support Level @ 9:30AM.  Got out at 2.80. 

  • Cost: $170.00 + $10.95 (In) + $10.95 (Out) = $191.90
  • Retrun: $280.00
  • Earned: $110.00
  • ROI: 146% (comm. incl.
  • About 46% Profit after commissions.
Andre B.
Edmonton, AB, Canada

Paper Trades Help Student Learn Successful Trade Techniques

Under my fantastic teacher's tutelage, I began paper trading stocks and options in September, 2007, just 2 weeks after I began this course. I've bought and sold stocks, and I've traded options, both puts and calls.
The following are just some of the things I've learned so far:

   1. How to paper trade options, calls and puts.
   2. How to use indicators on charts.
   3. How to find companies to trade.
   4. How to trade with the trend.
   5. How to use trailing stops.
   6. What websites to use effectively.
   7. What 'covered calls' are, and how to trade them.

I have made mistakes and I have learned something from each one.
So far I have had 22 winning trades and 20 losing trades, and I have learned how to keep losing trades to a minimum in order to protect my capital.

I now know that trading the market is not just for the wealthy investor and the professional trader. It is also for ordinary people like me who is neither wealthy nor professional.

In closing, I want to say that the most important thing I have learned is that I am passionately and hopelessly in love with this business, and I will be in it for life.

Thank you, Prosper Learning Center for introducing me to this amazing course.

Maria C.
Townsend, DE 

You Gave Me the Confidence in Trading

Following your instructions, I built 5 portfolios within five industry groups and each one contains 5 stocks from the same group. I picked the stocks from barchart.com based on their past performance, P/E ratio, EPS, Industry Group Strength, etc…And this spared me from doing in depth the fundamental analysis. 

This is a long term portfolio. If this were a real trade, I would use technical analysis to enter the position. Buy dip and sell rally. I would rely on RSI to determine momentum, use MACD crossover to make the entry and exit point, and Slow Stochastic as confirmation. Sometime, in an uptrend I can rely on support and resistance to take my position: buy close to support and sell close to resistance.

During the last 7 days I have been closely monitoring the market and my portfolio. I noticed that my portfolio follow neck to neck with the market trend (DJIA, NASDAQ, S&P 500). All in all, I have a gain, even if the market is substantially down today.

SUCCESS UPDATE--REAL TRADES

I exited my DBA, 5 contracts Call Option, after I received your email to make a 41% gain in 2 trading sessions. That was the first time I started doing the real trade. And the following is a copy of my trade that I took positions on Monday exited this morning.

  • WLTDK WLT APR 55 Call $54.80 5 $2.55
  • $1,275.00 3.7 $1,850.00 $575.00 Trade
  • DBACO DBA MAR 41 Call $42.27 5 $1.40
  • $700.00 2.15 $1,075.00 $375.00 Trade
  • * CHKDI CHK APR 45 Call $46.19 5 $1.80
  • $900.00 2.65 $1,325.00 $425.00 Trade
  • AEMDN AEM APR 70 Call $69.44 5 $2.95
  • $1,475.00 4.1 $2,050.00 $575.00 Trade
  • Portfolio Size at Entry: $4,350.00 Portfolio Size at Exit: $6,300.00
  • Profit after 4 trading sessions: $1,950.00
  • Enter Positions Exit Positions
  • Before commissions ($120.00)
  • On Mon.25/2 Today 28/2: Percentage Profit : 44.8%
As you can see, it might be a little unusual for a First-Timer to pick 4 winning stocks out of four. For me, I see this as a Pay-Off from your teaching combined with my effort in research and development in the field of Option Trading. You gave me the confidence in trading the market, the knowledge in picking a winning stock that will survive any market condition and the wisdom in timing the entry and exit without the Fear/Greed factor.  All in all, my grateful feelings are all yours for instilling in me the mind of a trader which is much more profitable than that of an investor.

Manit A.
Newport News, VA

A Whole New World of Information and Excitement

Life prior to entering the coaching program was working hard at our respective jobs, and just getting by, but not satisfied. Coming into this experience our knowledge of stocks and the market was very limited. We had no comprehension of indicators, how to maneuver around the web with the vast information available to the novice.

Now, after our four (4) months of phone and webinars, we have been exposed to a whole new world of information, and excitement!! Goals set for ourselves are to be financially solvent and independent of other employment. These are not necessarily ‘new’ goals for us since the start of the program, but with renewed interest due to completion of this coaching program.

Through the mistakes we made through paper trading, and the weekly reviews, we have gained some insight into the genre of the ‘Stock Market Success System’.

Phillip B. & Teresa M.
Blacklick, OH

$16K Profit in Two Days

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 Learning 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

My Coach Showed Me the Ropes with Patience and Exactitude

I just wanted to drop you a line regarding my coaching experience. He was a fine mentor and I miss our conversations. He showed me the ropes with patience and exactitude. He was always courteous and available and I have enormous respect for him and the way he does business.

I hope that you will pass this note on to the appropriate people so they know what a resource they have. I will always regard our relationship with respect and affection. He is a good teacher, and I know of no higher praise.

Helmut K.
San Diego, CA

This Program is Beyond Expectation: Student Makes a $61K Profit

I've had the privilege of being the student of Prosper for the past three months in the investing program at Prosper Learning. 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

Success in Paper Trades Prepares Student to Trade Live

I happened to have 2 CALL options on RIMM before the stock split this week. My virtual account is up $5,700 this morning! Plus the SLB trade being up $800 also.  It's not just a home run, it's more like a Grand Slam! WOW, I now see what is possible in Option trading (and what you've been telling me all along).

Of course, I have placed trailing stops on the RIMM CALLs to preserve the 'profits'.  This week we sold our seldom used mini van for $3,600, and I plan on funding my Options Xpress account with that money.

I hope we can work together to get started with live trades. I know it will be a whole new 'ball game' when I'm using real cash, and I'll have to take it slow.  I'll be happy to make $100 per week at first to replace my paper route money which I'm quitting in September. I've been throwing papers now for 18 months and am tired of the 3 a.m. wake up calls 7days a week.

My first intention was to use my paper route money to pay for a Prosper Learning Options course, but God had other plans for our lives. My wife was diagnosed with breast cancer and I used the paper route money to pay the $5,000 deductible on our insurance policy for the surgeries and therapy. Great news, Jackie is doing well; I lost 21 lbs. in the process by bicycling every day, weather permitting, (1,700 miles so far) throwing papers; and we learned an important life lesson about priorities in the process.

I know you get paid well for what you do, but I feel like you are more than a teacher/mentor. I get the feeling that you have a vested interest in my success, and I want to be one of your success stories. I'm tired of always just getting by. My children are nearly out of the house, and we haven't taken a real vacation with them, ever. We are sending them to a private Christian day school which costs a lot, but it's our choice. They are wonderful, responsible children, and my wife is my hero, but I would really like to surprise them with an extended vacation next summer. I think with a concentrated effort on my part, it is possible with what you have taught me.

Jim V.
Edgerton, MN

133% Increase is a Nice Profit

Bought TLT (a bond ETF) at .45 and sold today (only one week later) for 1.05 for a profit of 133% less commissions.  I had an order to buy 10 options but was filled on only 6.  But still its a nice profit!

I currently have open positions (all options) on OMM (down, but I'm going to stick with it -- I think that OMM could turn up next week), JPM (order in for 20 got filled on only TWO, paid .20, now at .35 and looking strong), and I went with a pure speculation -- TMWD (my spam canner!) and bought 15 of the Jan calls at .10 and were last at .30.  TMWD is not looking great right now, but we shall see.

Dan B.
Pittsburgh, PA

Paper Trades Allowed Me to Practice Maximizing Trade Skills

I still have CSCO and it is starting to inch back up. I placed several paper trades using the Debit spread strategy and one of them (NOV) allowed me to realize the maximum profit within a 24 hour period ($2800). God bless you.

Dennis B.
Lakeland, FL

$649 Profit in 24 hours

I purchased my first option yesterday morning at 10am. It was 'GE'; I bought 10 June $37.50 call contracts, the ask price I paid was $1.26. I know that I could have set on this trade for a couple of weeks and let it grow but I wanted to see what it would feel like to sell it and make a profit, so I just sold it this afternoon at 3:40pm at a bid price of $1.95. The stock itself ended the day today at $37.49.

I made a 659.00 profit in just over a 24 hour period!! The very nice stock market resource lady at prosper walked me through my first option sell.  To say my wife and I are excited would be an understatement!!! We are elated that after all this time learning and then waiting on the funds to be available to use to trade, and we were able to do this on the very first option trade!!!!

It's also pretty exciting that I was able to find this stock a couple of days ago just doing my daily research and to be able to trade into it a day before CNBC reported that 'GE' was upgraded to a buy! Oh Man What A Rush!!!

The talk on the street is GE will probably move into the low $40.00 range at some point. I plan on buying either a call or put on this one again next week as this stock seems to be on the move again.

Jeff, thank you for all the training you gave me! You really are an excellent teacher and coach. I realize this is just one option trade, but it feels incredible to begin to see success at something that you've been studying at for several months. I'm 49 years old and starting a whole new season in my life and I know this will no doubt be an incredible time for Chris and I as I learn my new stock trading career!

SUCCESS UPDATE

Thank you for getting back to me about the capital gains tax. We have an accountant that does our taxes also, I will let him take care of this for us.

As far as the testimonial is concerned, I have signed the form and was wondering if I could scan it here at my house and just email it to you? We do not have a fax machine at the house but I will go to the Office Depot and fax it if needed. Let me know.

By the way I did trade back into GE late last week and traded back out of it this week for another $350.00 profit. That's twice in a 2 week period that I've traded GE and made a profit. Total profit for a 2 week period is $1010.00. The only reason I don't stay in the trade longer is because even though GE is one of the largest companies on the planet, their stock tends to make very small moves and I am attempting to try to create a larger portfolio by adding what profit I can to it. I'm sure I will be trading GE from time to time as I begin to understand it's stock movement.

When you start with a $5000.00 portfolio you don't have the convenience of setting on trades for very long. The way I see it though is as long as I'm making profit I'm always moving forward towards being able to do some of the larger trades once the portfolio matures a little.

My Oracle trade is progressing along pretty good, I feel the same way you do about it, I feel this will come back up in time to trade out and maybe not loose anything at all. I actually bought 20- $21.00 June call contracts instead of the normal 10 contracts thinking this was going to move up, so I have quite a bit of my money tied up into this one trade. It sure looks better than it did the other day. I was as much as $1800.00 in the hole on this trade on Monday morning of this week, but since then the stock has begun to recover quite a bit. It closed today at $20.69 and my loss is currently at $850.00 instead of $1800.00.

SUCCESS UPDATE

I traded out of 'GOOG' late this afternoon and was able to make a $1200.00 profit. I was in this trade about 1 week.   I attempted to buy some put contracts as the stock should pull back just a little after having a 3 day increase, but my intraday buying power wasn't enough so I will look at the stock in the morning and see if I still want to buy some put contacts.

So far I have had 4 wins and 1 loss trading options. I am also in 'PM', 'F', and 'HAL' at the current time and look to make profit on all three in the coming days.

Ed H.
Bradenton, FL

My Coach Gave Me a Huge Confidence Boost

After going through the ups and downs in the market, I was fearful of jumping back in the market.  I did well my first year, but I refused to be those high flying rookies who go broke in their sophmore effort!  My coach gave me a big confidence booster and let me know how much I knew about the market.  Ive had three winning positions and one loss so far... fwlt, mon, ma, but gs as my small loss.

I just did my first covered call writing with a hedge wrapper!  Means I could sleep better at night!  I came out with a 15% premium--not bad bad for a days pay.  I found another way to create passive income for retirement....I used my scholastic indicator--my favorite way to find the right entry point for my stock .  I sold the calls for my month at the same time.

Thank you Prosper!!!!

Luis G.
New York, NY

I Will Make $5500 on One Trade

EK expires Friday for my covered call at a strike of $20.00. I think I'll still own it. I will make about $5500 on it and whoever bought it will make money too. I hope you are well and I will appreciate your feedback.
 
Ed H.
Rochdale, MA

Up $20K in One Month

PXD purchased on 4/3/08 and sold today 4/15/08; 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 4/9/08: $3264.95
    * Sold on 4/16/08: $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

My Understanding of the Stock Market Has Grown Tremendously Under Your Tutelage

My understanding of the stock market has grown tremendously under your tutelage.  It is as if a my understanding of the stock market has grown tremendously under your tutelage.  It is as if a light bulb has been turned on and I can see where there was darkness before.  I know that it is your 'straight to the point ' style of instruction that has brought this about.  It has given me the confidence I need to be come a successful trader in the market.

Wilton B.
McComb, MS

I've Made $8800 this Year on RUT and $5500 on SPX

Using the knowledge that I have acquired from taking the stock market class from Prospering Education, I now feel very comfortable in doing my own TA and trading the indexes on my own. Not only does the TA help me determine which options I want to trade, but also whether to stay in it or to get out. I thank you for the mentoring you have provided as I have already profited from it!

In one of my trading account, by doing way out of the money credit spreads on the indexes, I have made $8800 to date from the beginning of this year on RUT and $5500 on SPX!!! In another trading account, I made $1000 on RUT credit spreads this year so far.

As you can see, I've already recouped my education cost! My goal is to stick with this plan because I know I can generate positive and consistent monthly cash flow with lower risk than trading stocks. Furthermore, I also know how much I stand to gain/lose per position.

Each position I take has a risk of less than $10K. But I stand to profit $1K-$2K each time. And I only have to hold the position for 1 month or less. I hope to develop the discipline to stick to my trading plan and to prosper from here on out! :-p

Anyway, I thought I share this with you because I know you went into teaching to help others. I'm sure you will be happy to hear you have helped another person to become a better trader. Attached is a screen shot of my live-trading account showing the gains I've made thus far on RUT and SPX.

Tri L.
Dublin, CA

Apple Trade Yields $2340 Gain

I just wanted to drop you a line and thank you for a wonderful class that we've shared the past ten weeks.  Looking back at where I was ten weeks ago, I am thrilled at the results I've achieved so far. Your one-on-one classes have been something I look forward to every week.

I've only been involved in the stock markets for a few years and that's only by sending money to my financial adviser and hoping he picks the right stock!  Now that I've been involved in your class, I feel confident that I can go out and trade with minimal risk by following the principles you've set before me.

The strategy that I've really come to enjoy is the Covered Call. It took me a few weeks for this concept to sink in, but each class or email communication we had was a step in the right direction for me.

Your class has really helped me to better understand certain indicators and analyze companies to the point where I can confidently move into or out of a trade by using a step-by-step process. Also, the elective classes you recommended and the weekly group calls have been invaluable additions to the one-on-one coaching I've received.

This entire program is top notch!  Even after our class is through, I look forward to keeping our lines of communication open to further my success in stock and options investing.

SUCCESS UPDATE


I did trade Apple this morning. It ended up being a gain of $2,340.  Wow, I wasn't even sure what I was doing with that type of trade.  I'm going to go back and watch John's elective again, and try to make another vertical spread trade.

Michael D.
Columbia, IL

$2450 Profit in 10 Minutes

Well, I was really feeling quite proud of myself and shared the information with my partner who had stopped by to drop something off. The positions of the trades showed that two of the trades were in the money. He was impressed that I was ahead $600 and batting 660 (two for three). He left and I fed the dog and got back to preparing for our coaching session.

Out of sheer novice curiosity, I refreshed my positions screen and sat dumbfounded! I wondered what I had done wrong! I just sat there looking at the screen! In the last ten minutes, at most, my profit had gone from $600 to $3450! Potash alone had advanced $2000! I felt like a dog who had just finally caught his first car and now wasn't sure what to do with it!

Needless to say, our coaching session couldn't have come quick enough today. Thank you, John. Semper Fi!

Ovide R.
Franklin, MA

220% Profit in One Week

I recently started trading options and have been taking any small gains and getting out of the positions. I think of it as hitting singles. I purchased a call option on TSO on May 28, and the stock starting rising right away. I saw a 30% and 40% profit quickly and instead of taking it, I tried my first trailing stop. As the stock kept rising, I tightened my stop from 30% to 20%, and eventually to 10%. I finally got stopped out with a 220% profit in one week.

Thank you for teaching me about the options market. I look forward to learning with you and to more successful trades.

Al C.
Miami, FL

Nothing Short of Awesome: Stock Student Makes Powerful Gains

First, thanks to my coach and Prosper for the great education.  Looking back, it amazes me at how much I've learned in such a short time.  And that's a mean feat for a 71-year old who can't remember where he left his car keys or glasses.  Second, for the new-found confidence I now have to go forward and make some serious money, as well have some fun as an options trader without fear of making a tragic mistake.

Because of past experience at not being as successful as I would have liked as a trader (read that as horrible), I started implementing Prosper's strategies a bit slower than perhaps other students.  Since my experience was mainly as a stock trader, I concentrated on learning what a company was all about via technical analysis and fundamentals.  What that new found knowledge did to put new life into our stock portfolio has been nothing short of awesome.  After taking the portfolio out of the hands of my broker last month, and re-balancing it, the portfolio is now up over $16,000.

Again, thank you for being a patient, understanding, and knowledgeable coach. I couldn't have done it without you.

John S.
Ridgway, Colorado.

We Have Already Had Two Trades with Over 100% Profit

Fred and I have been very fortunate in having our coach and advisor in the stock market program. His method of coaching has been a success in choosing the right options for us to make money to help pay off our debts.

We have already had 2 trades with over 100% profit. Our coach has always been there to help answer our questions whether it has been by e-mail or telephone. We look forward to talking to him every week and listening to his graduate classes on Thursdays. We learn something new and exciting every time we talk.

Cedra & Fred F.
Duxbury, MA

My Coach Made the Stock Market Much Easier to Understand

After completing the Stock Market class sessions with my coach, I have a better understanding of how the stock market works, what the terminology means, how to read stock charts, how to purchase stocks, and how to read option trades.  I have made some paper trades with some success & hope to soon use real money to make trades so I can accelerate reducing my debt.  I feel confident I will eventually get to that point.  Working with my coach made the stock market much easier to understand than I thought it would be.

I thank everyone at Prosper Learning for this opportunity.

Janice S.
Indianapolis, IN

It Seems as If My Coach Has a PhD in Stock Market Strategies

All of the coaches that have taught the elective classes have been beyond excellent.  My coach is the BEST of the best.  He has a magnificent command of the various investing strategies he’s covered.  It seems as if my coach has a PhD in stock market strategies.  I would love to sit by his side for several days and just watch him work his magic.

I have developed an understanding of these strategies and will have to study them further to completely grasp all the concepts.  I’ve set investing goals and tweak them constantly.  I am really excited to make this a full time endeavor.  I know with the support of the Prosper staff this is definitely a realistic goal.

Just one of the profitable trades I’ve made: 10 contracts of Devon Energy: Bought the DVNSZ Jul 120 Put @6.30 on 05/22/08, sold on 07/08/2008 @15.40, profit of $9,039.91 including the commissions.

Mike D.
Watauga, TX

I Have Not Had this Much Fun Since I Retired From the Military

I have not had this much fun since I retired from the military.  I loved serving my country.  I saw purpose in what I was doing and I have not had a job so satisfying since.  Then, I came across this investment stuff.  It is hard to tell people why I enjoy it so much.  Everything I like about it sounds like like work.  I really do like pouring myself into the research.  I have spent 7 or 8 hours at a time looking through stock after stock company after company.  Compiling watch lists, not only sector lists but lists by trade type (spreads,options etc.) I have had great success.

I not only makes lists and do alot of study I sat myself down and set goals for my trades and what I expect out of each one.  I decided that 20% was my goal for a trade. There are certain circumstances in which I would hold on longer, but that is another story.  I also decided that anytime I have a loss of 7% of my original investment I get out of the trade.  So at 20% gain or 7% loss.  I am out looking for the next trade.  Every trade that I have sat down and done the homework that I was taught to do have turned out to be winners.

Thanks coach for teaching me and thanks Prosper for hosting the whole show.

Glenn M.
Hillville, VA

I Will Always Be Indebted to My Coach for His Expertise and Knowledge

My name is Jim and my coach began working with me at Prosper Learning in the area of Stock Market Investing about three months ago.  I can’t speak enough about how great he is for teaching Stock Market trading, etc.  He takes the time to help you really understand the principles.

I made some very significant trades using Puts, Calls, and other Option trades working with my coach on the Virtual Trading program.  I have since been able to apply this knowledge in real-time trading.

I will always be indebted to my coach for sharing his expertise and knowledge with me.

James C.
Washington, IA

Thank You for the Lessons You Have Taught Me

I just wanted to take a few minutes to write to you to tell you how excited I am about the Option Trading that I have been learning about with your assistance.  I have certainly enjoyed the last sessions that I have had with you and the information that I have received is has very interesting.

As I mentioned to you at the very beginning of our sessions, I have never been involved with the stock market.  As a young boy I played a game called "The Stock Market" and certainly enjoyed it, but that was the extent of my knowledge.

I have to admit, I found the Option Trading to be very scary at first, and there seemed to be so much to know before I could do this, but I have found that within just several weeks with you, I am finding myself more comfortable with the idea of being able to make some money at this.

I want to thank you for the lessons you have taught me at this time and I am looking forward to continuing with my knowledge in the Option Trading.  I know there is so much more to learn, but I also see how far I have come at this point.  I am looking forward to our upcoming class on Wednesday, and looking forward to talking with you again.  I will continue to play at this time, as I start to apply some money to my real account.  This way when I feel like the time is right, I will have some funds to start with.

George T.
Fredericksburg, VA

Success in Virtual Trades Brings Confidence and Excitement

The coaching program has offered me the opportunity to really understand and develop a trading style, unique to me.  In our sessions, I learn from my mistakes and can discuss concerns on a weekly basis.  I feel empowered by my coach, which translates to increasing confidence and excitement.

My first virtual trade netted $1960, and I am still gasping!  Then came a few losses, but I am slowly fine tuning my steps.  When I don't follow the steps exactly, my trades suffer.  Thank you for your patience, understanding, and excellent teaching!

Diane S.
Regina Beach, SK, Canada

It is Great to See Profits on My First Trades

Today I sold my ILMN at $9.90 for a 33% profit, just had a feeling about getting out on this one. we will see.  CP doing good, I am into the money now.  It is great to see profits on my first trades.

Thanks for your help.

Scott P.
Rockford, IL

I Have Not Had this Much Fun Since Retiring from the Military

I have not had this much fun since I retired from he military.  I loved serving my country.  I saw purpose in what I was doing and I have not had a job so satisfying since.

Then I came across this investment stuff.  It is hard to tell people why I enjoy it so much.  Everything I like about it sounds like like work.  I really do like pouring myself into the research.  I have spent 7 or 8 hours at a time looking through stock after stock company after company.  Compiling watch lists, not only sector lists but lists by trade type (spreads,options etc.).  I have had great success.

Some of the things I have bought have been the perfect covered call buys.  Even better than I expected.  Like Del Monte foods.  It has moved up so painstakingly slow I have been able to get premiums for three months in a row now.  But that is what you want.  But I have made a few hasty grabs of stock, that is not doing my homework on the companies and that is what brought me to the 7% loss number.  Pick a spot and get out.  Just like the 20% gain I have never been unhappy about setting those points.

The biggest mistake I have made so far was on a Bull call spread.  I did everything right, picked the right stock the right strikes everything looking good.  Then about a week later I noticed that instead of picking a strike 6 months out that I had accidentally chose current month calls.  Just a mere 18 days out and it was gaining like mad even over that short term.  Another lesson learned.  But I can see me one day making myself a living just playing with the market (wisely).

Thanks for teaching me and thanks Prosper for hosting the whole show.

Glen M. & Cindy B.
Hillsville, VA

I Will Always Be Indebted to My Coach

My name is and my coach began working with me on the Prosper Learning training in the area of Stock Market Investing about three months ago.  I can’t speak enough about how great he is for teaching Stock Market trading, etc.  He takes the time to help you really understand the principles.

I made some very significant trades using Puts, Calls, and other Option trades working with my coach on the Virtual Trading program.  I have since been able to apply this knowledge in real-time trading.  I will always be indebted to Josh for sharing his expertise and knowledge with me.

James C.
Washington, IA

Gratitude for the Knowledge I Gained from your Program

It’s always been my desire to do stock trading but thought it to be a far fetched dream because of its complexity and the lack of confidence in myself that I’d be able to do it.

After 10 weeks into the program, I’m very happy with the amount of confidence and knowledge that I now have, very certain that I’ll be doing real trading very soon considering that I knew nothing about stock trading prior to this. The one-on-one coaching is an excellent approach to learning. I was given a great coach, Josh Willis, who makes each lesson simple and easy to follow especially for a novice like me. It’s also excellent that I have unlimited access to those electives. They are invaluable tools to my learning process. Having a very busy schedule, the flexibility of the program helped me to maximise my time and in the process learn as much in such a short time. I’m still a work in progress. I’m doing my paper trading and have experienced encouraging successes on those trades. The loses are telling me to work harder and to be more patient and disciplined.

I am now very excited to do real trades. I’m confident that this will be the start of a new life where I don’t have to be dependent on my 8-hour (or 10) job to be able to provide for myself and my children.

Leonila V.
Edmonton, AB, Canada

 

I Look Forward to Great Things in the Future

I have been trading CF Industry Holdings for the past few months.  I have made three trades and have shown a profit each time for a total of $580 profit.  I find that I like to get in and get out quickly to minimize my risk.  I have also been trading AAPL.  

I have made three calls and one put for a total of $1070 profit.  This may not seem like a large profit, but typically I only like to trade 2 to 3 contracts at a time.

Thanks so much for all you have done. I look forward to great things in the future.

Fred F.
Brazil, IN

The Trend Is Your Friend

My husband Peter used to work on Wall Street.  After the course he accumulated more knowledge in eight weeks than he did on The Street.  At first the information we were receiving was overwhelming for us, but everything started to gel.  We learned things like how to perform a technical analysis on a particular trade by using the various stock indicators.  We also learned a lot about the Stock Market and how outside influences effect it.  The webinars were also very helpful.  We are developing our trading skills with virtual trading so that we will be prepared for the read deal one day. 

We are thankful for our coach.  She was extremely knowledgeable and helpful to us.  We will use our new found skills to supplement our income in the future.  Thank you Prosper.

Peter & Cheli T.   
Homestead, FL

Thanks for Your Enlightenment and Great Coaching

Now the 10 week coaching session has ended, I'm amazed at how little I knew about the stock market.  Thanks for your 'enlightenment' and great coaching.  Looking forward to many successful trades.

Started trading Aug. 6th and thru today Aug 20th, my portfolio is up approx. $1100. Thanks.

Dan K.
Onalaska, WI

Options Trade

Hi I am Jim and I got fired from the coal mine because I got old.  The sprinted said he was going to make us all rich so when I got fired in 2001.  I had $250,000.in the stock market.  I had to wait until I got 59.5 so I could pay my self out of the stock market.  I had work to hard and wore my back out so I am on disability.  I have Delta with five def rent stock brokers I got tired of paying brokers to lose my money.  So I manage it myself.  I have went to options class be four by I dent under stand how thy work but my coach stock the time to show me .  I am just paper trading for a while.

I stared on 08/04/2008 to 08/15/2008 I have made 16 trades I didn't make money on all of them.  I bought 10 contracts of .APVHL ON 08/06/2008 Aug 160 Call 4.20 on 08/08/2008.  I sell to close 5 AAPL Aug160 Call for $9.05 maid $4,510.00.then on 08/12/2008 sell to close 5 AAPL Aug 160 Call $17.15 made $8,560.00 that is $13,070.02 in six 6 days.  I sated with $100,000. I got $113,927.59 not to bad  for 11 day.

James M.
Price, UT

I Definitely Recommend this Coaching to Everybody

It's only been four weeks since I started the one to one coach with you and the results have been great.  Since the beginning of the coaching lessons, I have found out that doing technical analysis has turned to be much easier and now takes me five minutes or less to analyze the stocks.  In addition I am now able to identify entry and exit points when trading and above all I now have an insight in options.  Thanks for the great coaching and am confident my trading strategies are getting better every day.

I definitely recommend this type of coaching to everybody.

Petronella M.
Manchester, UK

I Feel So Empowered

I came to Prosper Learning with a burden of debt and little hope for change of course in the future.  Through the financial program I have gained the skills and techniques to pay off my debt within 2 years.  Not only have I learned to be in control of my finances, but I have also acquired skills for increasing streams of income.  Through the Craigslist and eBay websites I have been able to supplement my income and increase my accelerator margin.

The second part of my training here at Prosper Learning involves education in the Stock Market.  With my personal coach, I have enjoyed learning valuable trading skills.  
    
I have learned the five fundamentals used in choosing stocks; learned to read and interpret the stock charts including the RSI, MACD, and slow stochastics indicators.  I have paper traded stocks, options, covered calls, and debit spreads. I've learned to short a stock and short a covered call.

I feel I have been taught a safe way to trade, protecting my investment.  I feel so empowered.  I would recommend Prosper Learning to anyone interested in improving their financial status.

Robbin B.
Pomona, CA

I Earned Over $1600 on My First Trade

I am excited about my trade!!!  I earned over $1600 on my first trade.  I entered a Straddle trade on Dell Computer on August 26Th, the week before their earnings announcement.  Their earnings weren't very good, the stock went down and my put increased in value.  The cost basis on my put was $1.28 per share.  I closed the trade on Friday Sept 5, my put had increased to $4.62 a $3.34 per share gain for 500 shares.

I still have the call side of the trade until October.  The stock has begun to show some signs of increase, which potentially could earn on the call side of my trade also.

Irene J.
Bloomington, CA

You Have Taken a Very Difficult Subject and Demystified It

Just a little note to let you know how happy Joy and I are to have you as a coach for the investing portion.  You have taken a very difficult subject and demystified it.  With strategies you had us learn investing does not seem as difficult as other people have told us.

Manuel & Joy R.
McHenry, IL

A Big Thank You to My Coach and to Prosper

A big THANK YOU to you my coach and to Prosper for the excellent learning experience.  The last 12 weeks have been a real eye opener.  I would highly recommend anyone wanting to learn the ins and outs of trading to take this course.  From the fundamental and technical analysis for finding good stocks to trade to the use of options and trailing stops.  Then to learn about covered call, straddles and strangles, and also how to use vertical spreads.  This has been great!  I have found the elective classes to be extremely helpful and will continue to view them to further my education.  I am still paper trading and learning the use of options express's trading platform.  Soon I will open a real account and with the knowledge I have and the access to the Prosper Learning website I know I will reach my goal of becoming a very successful trader.

Thank you ALL for your help and patience.

Jess G.
Centerville, MO

It's a Beautiful Day

Thought I would drop you a line say hi!!!!!!!  I made over $3987.02 in the market today on four different straddles that’s four trades.  It’s a beautiful day.  Hope thing are well for you.  Thanks for all you have taught me.

Dustin M.
Orem, UT

I Made $2530 for a 13% Return on an 8 Day Trade

On the 2 stocks and selling the calls AMR and UAL I made $2530 on a $18,540 investment for a 13.6% return, and that was only for a 8 day trade.  As you know that was my first trades and I couldn't be happier.  Thanks again for all the teaching and great coaching.

I hope the market and volatility settles down a bit because I have set aside $100,000 to trade Covered Calls each month in order to reach my goals.

When I hit $50,000 in profits you owe me a lunch...

Dick M.
Dowagiac, MI

I Have Gained 30% in My Options Account

I am a conservative person, so this success is big to me.  Since September 5th, I have gained 30% in my options account.  I have successfully used vertical spreads, both credit and debit.  I have also used straddles successfully.  I had my share of losses, but on the whole, I feel that I have done well.  Only one boneheaded play the whole time and it wasn't really boneheaded, just ill timed.  

An AIG call that would have worked, but due to the announcement of AIG's demise and due to my not being able to unload it prior to the close, I would have not suffered an entire loss on that contract.  The Sunpower trade was a favorite of mine as I was able to make $100 less than the play would have been worth in 4 days without the fear of a turn against me.  Really liked that one.  I enjoy our classes together; however, I really like the ideas I receive in afterhours classes.  Those are money makers for me.  I also enjoy learning how to protect my principal, keeping my losses low and letting myself reap great rewards with little exposure to my account.

As you can see, I am not risking very much on the trades, but the gains are astounding.

Total Realized Gain/Loss $15,029.64

Jim N.
Mt. Pleasant, SC

It Was a Pleasure Learning with Your Help

I learned a lot about investing in the stock market by your course.  Looking back, I find it hard to believe how little I knew and understood about the market.  Your tutoring and the explanations of the assigned Elective Courses as we worked through them and your response to follow-up questions really provided me with a level of understanding and cautious confidence to really work the market.
 
I think the market at this instance in time, based on the volatile impact of the Federal Government dabbling in or out of the major banks fiasco is un-predictive enough to wait a short period without indulging further.  I only wished I knew of The Option Express and of Stockcharts information much earlier in my life.  Of course, I would need an experienced Teacher/Trainer to properly understand the proper use of the charts and the buying of Stocks and Options.  I think your patience with the students is to be commended.  I expect to review some of the courses we studied and if I really get stuck, I'll plan on making future contact for further clarification.

It was a pleasure learning with your help.  After this long I consider you a friend.  If I'm ever back out to Provo, I'll look you up.  

Bill A.
Huntsville, AL

I Have Gained $1702.45 in the Past 7 Weeks

I have been learning stock trading with Prosper Inc for exactly 7 weeks today.  I have 2 brokerage accounts opened 7 years ago.  However, I seldom use them.  I don’t have idea about stock market except on buying and selling.  I don’t even know there are fundamental analysis and technical analysis.  I learned a lot from my two coaches.  I benefited from both of them even though have different personalities and style of teaching.

I bought 50 share of STP at $40.4.  I learned fundamental analysis and technical analysis after.  I see the exit point on technical analysis chart and sold them all at $46.65.  I made nearly $300 profit.  I was so excited.  I haven’t made a profit for a long time.  I bought 500 shares of FNM at $.69 and FRE 500 shares at $.51 4 days ago and they are $1,402.45 in profit.

I have been participated in many stock elective classes.  They are all very good and I learn a lot from those classes.  Those classes are just like pearls.  My coach put them into a chain and showed me their sparkles all together when I take coach one-on-one lesson.  My coach gave out tips on stock picking and the stock market current situation helped me a lot on decision making.  I heard him talking about Fannie Mae stock during graduate group lesson and I bought the stock the next day and it’s making money now.  He pointed out and explained the blind spot before I asked.  He is a coach who lifting up your spirit and push you forward.  I am glad to have him on my side.
 
Jennifer W.
Dallas, TX

I Give My Coach an A+

I have traded stocks and options for many years.  My main problem has always been risk management.  I could make a lot of money, but I could not keep it, and that was very frustrating.  The other was, even though I had some knowledge about technical indicators from examining chart patterns, my emotions would take over because I was never sure if I had interpreted them correctly.

Thanks to this program and through the help of my coach who was always very supportive and patient, I got a deeper understanding.  Although it seemed to stare me in the face at times, my coach made me able to follow what the charts were telling me while reducing risk and therefore allowing rational thinking take over my emotions.

I give my coach an A+ and recommend this one on one course highly. I just wish I would have taken it sooner.

Terry D.
St. Louis, MO

Prosper Learning Makes a Difference: Stock Student Gains 851%

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 Learning 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

Thanks Again for Teaching Me About the Stock Market

When I started with Prosper I didn’t know much about the stock market.  I knew it was there and that people made money off of it.  Now, at least on paper, I know how to trade stocks, and options, do straddles and strangles, read a stock chart and have a good idea which way a stock is going to move.  

I will continue as before with debt reduction, which is going good.  I am working on my 3rd credit card of 6.  Admittedly, the remaining cards have the largest bills, but the lowest finance charges so they will take longer.  

Thanks again for teaching me about the stock market and I will continue paper trading until I get an actual stake to work with.

Alan P.
Crooked River Ranch, OR

I Want to Thank You for Being a Great Coach and Instructor

I want to thank you for being a great coach and instructor.  I have learned so much from your instructions, guidance, and patience.  The tools you taught in how to choose, analyze and execute are tools that made me begin to understand what options are all about, and also begin to understand what makes the stock market world tick.

Learning to use the tools you gave has given me the knowledge and courage to overcome my distrust in the mishandling of my stock portfolio during the 2000 -2001 market crash.  The way you instructed and coached made me understand the stock market language that was so foreign to me before.  I no longer have a fear of the stock market.  I am so glad I chose stocks for the (I call it recovery) second part of the contract.  Most of all I am very glad to have you as a coach.

My goal now is to try and absorb as much knowledge as I can and with your continued help try and regain the money I lost on the previous crash.

I thank you so very much.

Sylvia R.
Tacoma, WA

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