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.
Here is the Launch List for Monday. Keep an eye on the overall markets and volatility. If things are looking dire and choppy, I would be very cautious taking any of these long positions.
For Monday 4/17/2017 Here are the stocks on the Launch List: $CALI $CNAT $DVAX $HL $STRM and $CO
There are a few short potentials as well. Keep these on your Radar. $CLF $VALE $WETF $KLDX
This week was slow and choppy. Yet we made 5 trades with nice wins. It is the best to plan what you trade and trade what you plan. Keep notice of the overall market, the volatility is increasing as indicated by the $VIX and $UVXY indicators. That's why the number of our picks triggering was low. This is a sign that the market is making it hard to be long. Are we heading to shorting next ?
For the week of 4/14 Profit was Launched on: $ZIOP $MDXG $DRNA $AUXO
Loss on: $ZIOP
Largest Profit: 7%
Largest Loss: -2%
Profit Taking Accuracy: 80%
Here is the first Launch List in a few weeks. I have been travelling and taking time off from trading to recharge. The market volatility is increasing. Going long may not be as effective as it has been in the last few months. While watching the price action the last few sessions it was clear that volatility is becoming king again. This means you may have to take small wins and exit when going long.
The scanners are not showing great picks, but decent ones with potential.
Here is the Launch List for 4/11/2017: $LEDS $GERN $DHF $URRE $DRNA $EVRI $MDXG $NVDQ $SITO
Another terrific and very busy week at Profit Mission Control. Profit continues to be positive, and accuracy has moved back up to 75%. The market seems to provide good opportunities, but it is becoming a little bit harder to capture full profit potential due to volatility. What matters the most is the technical due diligence that is done prior to trading through our Launch List.