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NET Trader
Stan Moore's IRA - 10X in a Year

10X Return in 1 Year

Stan Moore's Personal IRA Statements from 2009-10 to 2010-05

In January 2009 Stan Moore opened an IRA account with Scottrade with $10,000 and in Febuary $2,000 was added. In October 2009, the account was closed and the balance was transferred to a new OptionsXpress IRA account. Since February 2009, no additional funds have been transferred in or out of the account.

The first purchase, 30,000 BioTime warrants (BTIM.W) were purchased for $0.40. The stock was recommend to NET traders for about $0.80 with the trading for $0.25-0.30. There was almost no trading activity for the first six months as Stan's waited for "sell high, buy low" opportunities.

Update 2010-07-15:

  • This IRA account has been closed and the balance transferred to a ROTH IRA account.
  • Stan's IRA return is one example of where the traditional Buy and Hold Strategy pales when compared to Buying and Selling on the Fringe Strategy as Stan does with his longer term swing trades. Many of these trades are documented in Stan's Blog entries.
The following table is an account statement summary from the starting date to the last posted statement.
Months Date/Link Broker
Values in Securities
(Other)
Cash
Total Account Value
1

2009-01

ST
$9,998
$0
$9,998
2

2009-02

ST
$9,000

$125
$9,125
3

2009-03

ST
$9,300

$125
$9,425
4

2009-04

ST
$15,600

$125
$15,725
5

2009-05

ST
$18.600

$125
$18,725
6

2009-06

ST
$16,800

$125
$16,925
7

2009-07

ST
$51,000

$125
$51,125
8

2009-08

ST
$30,600

$125
$30,725
9

2009-09

ST
$45,500
$54,264
$99,764
10

2009-10

OX
$23,480
$34,469
$58,949
11

2009-11

OX
$64,952
$23,365
$88,218
12

2009-12

OX
$57,874
$45,831
$97,546
13

2010-01

OX
$37,033
$73,905
$110,939
14

2010-02

OX
$41,287
$67,836
$109,123
15

2010-03

OX
$65,291
$74,694
$137.193
16

2010-04

OX
$89,952
$53,527
$131,722
17
2010-05

OX
$47,480
$56,687
$128.446