Covestor is a site that allows you to show others the trades you make from your portfolio. This is a cool way to not only keep your public informed of what you are doing but also to be accountable and to have an audit trail of your trades.
One of the things you can really never know about someone is whether they are lying about how much money they make from this or that. I’ve always been truthful on this blog about my trades because without credibility I’d be nothing. Furthermore, it’s important to understand that not all trades make you money. Ideally, yes they do, but it doesn’t always happen that way.
By using Covestor and linking it to your brokerage account, you can show the world your trades in and out of stocks and compare your profit/loss to other indices like the S&P 500. It’s totally free, so sign up today at http://www.covestor.com
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