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Follow on Google News | BigBoxBreakouts.com Reports Combined Trading Profits of 40.4% for July 2011BigBoxBreakouts.com, the startup swing-trading newsletter, reports the combined trading profits the newsletter generated for its subscribers in July. Traders, following the service, achieved 40.4% by acting on the newsletter's live trading alerts.
By: BigBoxBreakouts.com 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 with 14.2% profit. The greatest loss was incurred in trading LHC Group - a loss of 3.7%. The average trade during the period brought a 3.36% profit. 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. End
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