Profitly’s Top 30 Trades Of The Week: $50,000 In Profits & $13,000 In Losses To Learn From

Jul 23, 2011   //   by Timothy Sykes   //   Profitly Weekly  //  Comments Off on Profitly’s Top 30 Trades Of The Week: $50,000 In Profits & $13,000 In Losses To Learn From

Profitly just passed 90,000 total trades…hmmmm, just how big of a party should we throw when we hit 1 million trades shares? Increasing the education available to traders worldwide one trade at a time…

Top 5 Losses To Learn From
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1. $5,000 or a 20% loss on Zagg Inc (ZAGG). Gambled on Citron and lost. Stupid mistake and lesson learned.

2. $3,100 or a 10% loss on Advanced Battery Technologies, Inc. (ABAT). Got in way too late. My dumb fault.

3. $2,900 or a 65% loss on Sino-Global Shipping America, Ltd. (SINO). Short squeeze. Nightmare trade. Got burned on this parabolic.

4. $1,400 or a 15% loss on New Energy Systems Group. (NEWN). Did not break down 3.40, reversed and squeezed shorts.

5. $1,100 or a 50% loss on Sino-Global Shipping America, Ltd. (SINO). Short squeeze. Leftover pain from previous day’s undisciplined trade. Got stung badly.

Top 20 Profitable Trades
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1. $4,700 or a 12% gain on (POTG). Mistimed, but total profits of $20k, still short, learn: http://tim.ly/ibUXmq

2. $4,400 or a 30% gain on Soligenix, Inc. (SNGX).

3. $3,900 or a 15% gain on (ECYT). IPO lockup expiration. Swing short trade.

4. $3,000 or a 4% gain on PowerShares DB Gold Double Long ETN (DGP). Breakout play.

5. $2,800 or a 6% gain on Coffee Holding Co., Inc. (JVA). Shorted the bounce after the big runup.

6. $2,700 or a 50% gain on Options Media Group Holdings, Inc. (OPMG).

7. $2,400 or a 12% gain on Apple Inc. (AAPL).

8. $2,400 or a 3% gain on ProShares UltraShort Silver (ETF) (ZSL).

9. $2,300 or a 3% gain on Spreadtrum Communications, Inc (ADR) (SPRD) Option.

10. $2,200 or a 10% gain on United Rentals, Inc. (URI).

11. $2,100 or a 15% gain on Portage Resources Inc(NDA) (POTG).

12. $2,100 or a 12% gain on Apple Inc. (AAPL).

13. $2,100 or a 10% gain on Move Inc. (MOVE).

14. $2,000 or a 15% gain on Portage Resources Inc(NDA) (POTG). Amateur mistake #2 http://bit.ly/p5bFdc not realizing I had a GTC order execute!

15. $2,000 or a 3% gain on ProShares Ultra Silver (ETF) (AGQ).

16. $1,900 or a 15% gain on Goldman Sachs Group, Inc. (GS) Option.

17. $1,900 or a 6% gain on Coffee Holding Co., Inc. (JVA). Shorted the bounce after the big runup.

18. $1,800 or a 70% gain on Platinum Studios Inc (PDOS). .

19. $1,800 or a 30% gain on PASSPORT POTASH INC ORD (PPRTF).

20. $1,700 or a 15% gain on Sino-Global Shipping America, Ltd. (SINO). Shorting supernovae chart pattern.