Weekly Roundup October 27-31

Nov 7, 2014   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup October 27-31

Some weeks there are so many trades you can’t even keep track of all the plays. Other weeks, you have to do your best not to force trades and just take the time to study and get ready for the next opportunity. Last week was the latter, as we only have a few trades to recap. The only trades worth looking at are winners though, proving that our gurus have self control and know when to stay out of the market and use patience.

$816 profit on YOD; Short Stock by Timothy Sykes.

Entry comments: Short small amount into this ridiculous run up fueled by newsletters/chat rooms, be careful since its run in the past before but I think I can make a quick 20-30 cents/share.

Exit comments: Gave it sometime, volume fading nicely, but no big drop as Friday afternoons are scary to short buyout rumor stocks…less than 5% chance of actually getting bought out but you never know, gotta trade safe…still a good trade/setup given the extreme spike…notice I shorted the 2nd spike not the 1st, that reduces risk considerably.

Screen Shot 2014-11-05 at 7.25.39 PM Screen Shot 2014-11-05 at 7.25.45 PM

$620 profit on HIVE; Long Stock by Timothy Sykes.

Entry comments: Won nice Apple contract http://tim.ly/10x7z65 small position, speculative, goal is to make 50 cents/share.

Exit comments: Spiking still due to Apple news, but each spike is less and less, initial volume slowing too, I wanted 50 cents/share, only got 30 cents/share, I’ll take it though, potential re-buy when everything calms down later today.

Screen Shot 2014-11-05 at 7.25.55 PM Screen Shot 2014-11-05 at 7.26.01 PM

 

Check out some of our most recent roundups here:

August 11-August 15

August 18-August 22

August 25-August 29

September 2-September 5

September 8-September 12

September 15-September 19

September 22-September 26

September 29-October 3

October 6-October 10

October 13-October 17

October 20-October 24