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BULLTRADE Update

July 16th, 2008 · 2 Comments · Investing & Wealth

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My third post was Bullish Trading with BullTrade and I gave the company lots of accolades. I am not going to take away anything from there past for they have proven to be effective time and time again. Since joining BullTrade I have made some money and while I still like their stock picking abilities I do have to let you know everything is not roses.

With the volatile market of recent weeks if you are making money consistently you are doing good. BullTrade posted on its website that it completed the month of March with a 9.5% loss. They are posting gains of 11 & 15 percent for April and May. In June BullTrade posted a 6 % gain and so far in July they have done a little better than 20%.

However, to be fair to everyone I have to point out that BullTrade is sitting on 9 stocks that are performing miserably. Currently, they have a total of 9 stocks in their portfolio and all 9 have lost money. As of today they are down an average of 12% in their holdings.

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2 responses so far ↓

  • 1 Charles Page // Jul 25, 2008 at 4:29 am

    Hey Shawn,

    Have you ever tried trading the forex market? I’ve found it to be more straightforward than stock trading and more profitable as well.

  • 2 Shawn // Aug 2, 2008 at 10:04 am

    Charles,

    No I have not. I have looked into it along with e-minis. I plan on veturing out later this year in both directions. I am just having too much fun ($$) in plain ole stocks.

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