There are a great many traders who claim to be up big — especially those degenerates who post on the useless-except-for-sad-entertainment (like burning ants with magnifying glasses) websites like Sucking Alpha, Motley Fool & EliteTrader –but very few can actually prove it…
(Forget the email spam blasts and banner ads, see how REAL people have reviewed Motley Fool’s “premium” newsletters LOL)
Douglas Estadt is the real deal, the guy behind Wall Street Webcasting and to whom we all owe a debt of gratitude for filming and editing the original PennyStocking DVD package which allowed me to create now 9 other instructional DVD packages). His trades are not only verified by Covestor, but also now auto-tradeable via Covestor Investor Management (CVIM) (and his subscribers get better fills because he’s not so in and out of positions like me)
Besides being the creator of DateTwit (where Daleela and I met…kidding), Doug is really just one of the nicest people you’ll ever meet…if you’re on his good side 
(not kidding) and I know by following him on Twitter that he’s had massive success buying Vivus, Inc. (VVUS) and General Growth Properties Inc. (GGWPQ) earlyyyyyy before their big run ups.
I emailed him and asked the secret to his success, he responded:
In his “The Black Swan” Taleb (leave a review!) called it “losing the noise” and 2009 was the year I did that by cutting off all financial news/information from any source which was not transparent with their investments/trades. I have earned 500% returns for the year by only seeing/hearing financial info from people/sources who show me what they are doing with their money.
When I have taken a position based on a theory I have stuck to it (and added to it when the position moved against me) in each case when I continued to believe the reason I initially opened the position remained valid. I’ve ultimately made huge gains in biotechs/natural gas/REITs/Chinese stocks,etc… that were all pilloried by “experts” who cost their audiences huge profits.
Listen to him you jackals, transparency helps increase the odds of earning out-sized returns, frauds and cowards are so 2008….next stop hell for them, Elyisum for us
Posted in Real Wall Streeters, Success Stories