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.
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Week two of the $50K challenge closed strong. Many strong moves and a lot of winning opportunities that we took advantage of. This is also the first week in a long time where our accuracy was 100%. This means that all Launches were winners. We have been extra cautious with our profit taking profit at the first sign of a pull back.
It has officially begun. A new challenge for 2019 where I am attempting to grow a $50K account to a much larger account using the Launch List Process. It took a few weeks to get everything ready as this challenge will be managed through full automation and the use of the proprietary Command Center.
This week marks a full year since the start of the $2500 account challenge and it ended with success despite a bloody red market. With the US and China agreeing to a pause in additional tariff increases until an agreement can be reached within 90 days, the market staged a nice gap up on Monday punching through the 50 and 200 daily moving averages pre market only to fall by the day's end. On Tuesday the selling continued heading into Wednesday, a day of mourning in which the markets closed. Thursday was the first TRUE attempt to lift he market once more with huge buying volume after a m