Profit Recap for Week Ending |
Monday, March 27, 2017
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Hello everyone. I was travelling and taking some time off the last couple of weeks so I missed publishing recap results for a while. For this week I combined the two weeks of March 20th and March 27th.
The trades were good and overall made an average return of 3.5%. There was a large loss on $QUIK. It had launched on 3/17 but come Monday 3/20, the stock gapped down and there was no way to exit at the abort price. This is one of the risks when you hold onto a stock and it gaps down. Statistically, it was the first time this happened from the Launch list in more than 200 launches so the risk is low but always there.
For the weeks of 3/20 and 3/27 Profit was Launched on: $VSTM $SHLD $COOL $INVE $AUPH $VRAY $KTOS $KDMN
Loss on: $MCF $PXLW $ZFGN $LPCN $QUIK
Largest Profit: 16%
Largest Loss: -11%
Profit Taking Accuracy: 62%
Average Profit: 3.5%