Verifying Trading Profits

[Bailey Nevener 83]

Good morning fellow traders,

 

Currently I am in a transitionary period.  I paid for my SO's surgery and paid off all of my high interest debt with the last trading account, so now I'm free and clear psychologically.

 

The next step is to move into a new house, and before I start up my next account with Interactive Brokers I wanted to see if anyone knows of a reputable company that audits day trading accounts to verify trading profits.

I was looking into having my trading results monitored through Profit.ly since I saw a lot of the guys from the Timothy Sykes arena of traders are using it, but I am not so sure if it can be manipulated or not. 

I want a portfolio profit tracker that is 100%, no questions asked, reputable and verifiable.

 

The reason I want to do this is so that I don't have to whip up my brokerage account to prove to someone I'm a profitable trader. 

I would like them to just be able to view my audited progress and not be able to debate the results. 

 

Partially it is for clout, but what it really solves is the hassle of proving credibility.

 

Anyone know if Profit.ly is airtight or is there another service that is superior in that regard?

 

Thanks in advance.

 

Edited August 24, 2021 by Bailey Nevener

[Brad 18]

I have heard that Profit.ly can be gamed, but I don't know any details about that.

You can look into Fundseeder. It was started by Jack Schwager, author of the Market Wizards books. I heard him talk about it in a podcast interview. I believe you can use it to track your performance and Fundseeder also uses it to evaluate traders that they might be interested in sponsoring with trading funds.

https://fundseeder.com/home

 

[Bailey Nevener 83]

I just signed up with them, thanks!