The pervasive strength in the markets returned this week as we made new highs in all the major indexes. I had been mentioning over the last few weeks that a consolidation phase can take place through time as the price action churns sideways rather than dropping in price, and that indeed appears to be what has happened over the last month as we barely lost any ground in the markets as we rested after the explosive move we had in early October. It appears that the market has yet again caught those that continue to doubt it off guard as we once again surged higher. This has been a recurring story this year as it seems that with every leg higher more doubters appear expecting us to reverse just because we made new highs, only to add fuel to the fire as the 2013 rally continues on.
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How would you like to have received these % returns ?
+103.17% in 65 days
+63.69% in 59 days
+17.79% in 4 days
+30.65% in 4 days
That’s what @stockguy22 & premium members raked in on a recent swing trade.
Why fight to get .10c and .20c scalps in a day and paying a ton of commissions and margin rates, when you can make much bigger profits and much bigger %’s by swing trading stocks instead?
So how much is that worth ?
Those trades above were worth almost $10,000 to @stockguy22. ( $9,640.50 ).
How much is that worth to you?
It depends on your average sized swing position.
Avg. position $1,000 @ 63.69% = $636.90 profit
Avg. position $3,000 @ 63.69% = $1910.70 profit
Avg. position $5,000 @ 63.69% = $3,184.50 profit
Avg. position $10,000 @ 63.69% = $6,369.00 profit
Avg. position $20,000 @ 63.69% = $12,738.00 profit
You can see how much just 1 swing trade like this can be worth even for a smaller trading account.
The stock that gave us those great gains was…. ONVO