I entered June with an account value of $11,049 and left with $12,687. The $1623 profit comes out to just over 14%, which is what Timothy Sykes (famous trader/blogger) made.
While the market experienced the worst June since the great depression, I made a handful of money riding US Airways (LCC) up and down with quick short/long positions.
My fanboy Apple (AAPL) position continues to sit in the deep red, along with my “hope for a better future” position in Evergreen Solar (ESLR). Considering the amount of capital thats sitting with those two, 14% was an amazing feat!
Many people are beginning to call a bottom, or at least see great buying opportunities, which will make July an interesting month. Just today I’ve set my own record by bringing in $1010 of profit in one day, by…you guessed it, riding LCC up and down.