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.
Our watch list for Oct 5th, 2016. $CORT, $CBDS, $JMEI and $RIGL. These may take a few days to trigger but have great potentials. As always watch for the overall market before taking a long profit launch potential and obey the abort price every time. Remember that launching profit winners is like launching a rocket.
Friday the market sold off sharply towards the end of the day. The SPY is still holding in a strange pattern bound by the $220.00 level resistance and $212 support. We have a Launch watchlist developed some of which are possible continuation from Friday while others are possible launches if they reach the Launch Price Trigger. $CANN, $XNY, $NVFY, $EAC, $WAC.
Yesterday, 9/28/2016 our scanners did not detect good launch stock candidates. Today however, we have a few worth watching for triggers tomorrow.
$MRNS, $BRKL, $ TGTX and $BCLI. These all have Profit to Risk ratios above 150%. Look for the launch triggers to make a move but keep an eye on the abort targets. Remember that the profit price is the possible maximum potential for a move. Feel free to take profits as soon as you want.