Here is the latest update to the $50K Launch List Performance Card. Since the start on 2/05/2019 we completed 16 Launches, 87.5% Accuracy with an average Profit/Launch of $0.30/Launch. On a per share basis for the challenge start to date the Profit per Share was $4.55/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 859 shares), that will give you the total approximate profit on the challenge so far. Overall Profit/Loss ratio was 77.15% and the Overall profit factor is 4.55 to date.
Weekly Portfolio Growth Summary
The chart below captures the cumulative portfolio profit growth on a weekly basis since the start of the $50K 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 it's first $3018.85 with the portfolio inching forward to a total sum of $54,738.
This was by far the best trading week for the launch list since the start of the year and the start of the $2.5K challenge on Dec 8th of 2017. Despite a choppy start of the week due to the resignation of the white house's economic advisor the market pulled through as tensions on the Korean Peninsula seemed to have been temporarily cooling off.
We published multiple launch lists this week and ended up with great accuracy.
Only Launch candidate for 3/7 is $IMMU trade carefully tomorrow and keep an eye out for short opportunities
Ending this week in red after a small loss. It has been a choppy week and only one Launch list was published. The market appeared at times wanting to test it's recent lows but found buyers Friday afternoon. All this talk and debate about tariffs on steel has caused confusion on wall street and the result was choppy trading. It's still a great reminder to have and respect your abort levels and a red week like this will only be a blip on the radar no more.