BigBoxBreakouts' newsletter produced 12 trades in July. Those were a mix of buy and sell-short trades. Nine (9) of the trades were closed profitably, and 3 were losing trades. The combined gain of all profitable trades net of the combined loss of all losing transactions was 40.37%. The most profitable trade was a long position in Sky-mobi (NASDAQ:MOBI)
Duration of the trades. True to its swing-trading designation, most positions entered by the newsletter followers were held at least several days. The average trade duration was 6 days, with the longest 13 days, and the shortest a single day. "The fact that we do not post alerts for intraday trades allows traders with small accounts, under $25,000, to get involved in every trade without running afoul of the SEC's "pattern day trader" rule," explained Mr. Mutaftchiev.
Disclaimer: In order to achieve 40.4% trading gains, a trader would have invested their entire account in every trade. To minimize chances of a devastating loss to traders' accounts, BigBoxBreakouts does not encourage this practice. The newsletter recommends traders use 1/4 to 1/3 of their brokerage account balance for each trade. BigBoxBreakouts.com is not a securities broker/dealer or an investment advisor, as defined by U.S. securities code.
About: BigBoxBreakouts.com is an online swing-trading newsletter, which provides its readers with real-time buy or sell short trading alerts. All trades are protected by stop loss orders. Trade alerts are published on the site or sent to email subscribers in real-time. Currently, there is no fee for using the site.
For additional details on all trades in July or to subscribe to live alerts by email visit http://www.bigboxbreakouts.com
Members of the press can contact the newsletter editor at IvanM@bigboxbreakouts.com
# # #
BigBoxBreakouts.com is a swing-trading online newsletter, that provides real-time buy or sell trading alerts to its readers and subscribers.