We close this week in the green once more. Most importantly, this week we had 35 launches which is the most we have had in a week since the start of the $2.5K challenge. Even with such a large number of launches, the accuracy dipped a little as well as the profit/loss ratio resulting in only a gain of $4018 as compared to $8400 last week.
Weekly Performance Growth Summary
Here is the latest update to the $2500 Launch List Performance Card. Since the start on 12/8/2017 we completed 714 Launches, 65.8% Accuracy with an average Profit/Launch of $0.23/Launch. On a per share basis for the challenge start to date the Profit per Share was $137.44/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 1466 shares), that will give you the total approximate profit on the challenge so far. Overall Profit/Loss ratio was 104.71% and the Overall profit factor is 2.00 to date.
Weekly Portfolio Growth Summary
The chart below captures the cumulative portfolio profit growth on a weekly basis since the start of the $2500 challenge where we trade a variable number of shares per launch. This chart only contains the trades that are launched based on the Launch List published on the site. The profit growth does not include intraday day calls from our intraday alerts. The portfolio growth is based on actual entries and exits from the Launch List that are published on the site, StockTwits, Twitter and Facebook . Our goal here is to track our Launch List system profits based on transparent Launch plans that are published 2-5 times a week.
For this week, the portfolio added another $5,686.75 with the portfolio reclaiming a new high of the year to a total sum of $151,304.
Closed the best week of the year with above average accuracy. This was only a four-day week yet the stocks that were identified made very solid moves towards the planned profits and beyond. This week also marks the official cross over of the $2.5K challenge portfolio the $25K milestone.
If anything, this proves that persistence, discipline and proper risk management can take you where you want to be.