Monday, January 10, 2011
Trading Results for 1/10/2011
This series of more than 10 winning days in a row really scares me :) Today we finished green again. 2.1% profit per trade is a very good result and it comes after so many days of non-stop profit making. If you look into my covestor chart (to the left side of my blog) you could see how pennystocks100 normally works. It is going up 3-5x more than S&P but when correction comes, most of the days it matches S&P or 2-3x times down . But December 2010 looks too good...Check the chart. Is it because penny stocks were depressed whole summer. May be, I am not sure... Last time we had such a nice period of winning trades was April 2010 and then a looong and cold summer for penny stock traders ;-) Anyway, another profitable day and I am not complaining. No clear leader today. Both AVII and BQI did a great job and brought us 3% and 4% of net.
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Excellent chart
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