"We are delighted with our trading performance in July," commented Ivan Mutaftchiev, editor and chief strategist of BigBoxBreakouts.com "We are very confident that our trading method will create similar high returns for our readers in the future. Our newsletter provides great value for the average investor, who is looking for ideas on where to invest, and how to trade in today's volatile stock market."
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) with 14.2% profit. The greatest loss was incurred in trading LHC Group (NASDAQ:LHCG) - 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