A great week with so many stocks firing off from the Launch Pad and delivering solid profits. Trending down is my accuracy and that is something I will keep an eye on over the next few weeks to better understand root cause. Although the accuracy is trending down, it still remains at a solid 60% for this week. This is actually my target zone 60-70% and this is why I only choose Launch setups where the Profit/Risk Ratio is above 100-150% which gives me some leeway if my accuracy drops even below 50%. That still makes the Launches overall profitable.
Back at it with the $2.5K challenge. I am down so far $220.25 at the end of the first week, however, the picks from last week were a little bit not as strong as prior weeks. As I was scanning the market today using Trade Ideas, I noticed a large amount of good candidates that I had to trim down to the best of the best setups given that my current buying power is limited.
Here are the Launch List picks for 12/18. $TISI $UA $MNTA $DDD $FINL $BW $AVP $GCI $CROX $RESN. Good luck and let's make this week green !