Another green week, but not so strong. Profit was limited as we only had 9 total launches. There was much more intraday activities that kept me distracted. Yet, it's good that the Launch list still hasn't had a red week the entire year. In comparison to last week, the total profit was significantly lower but still ended up green. The Launch that lasted almost 3 weeks $HPE was finally closed slightly above the Launch price as the $15 area seemed to be a huge resistance.
Weekly Performance Growth Summary
Here is the latest update to the $2500 Launch List Performance Card. Since the start on 12/8/2017 641 Launches, 66.6% Accuracy with an average Profit/Launch of $0.24/Launch. On a per share basis for the challenge start to date the Profit per Share was $129.05/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 1322 shares), that will give you the total approximate profit on the challenge so far. Overall Profit/Loss ratio was 105.321% and the Overall profit factor is 2.09 to date.
Weekly Portfolio Growth Summary
The chart below captures the cumulative portfolio profit growth on a weekly basis since the start of the $2500 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, StockTiwts, 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 another $8,357.05 with the portfolio reclaiming a new high of the year to a total sum of $131,996
Progress was made this week with 17 Launches improving accuracy to 76% and adding an additional $5.31 profit per share. It certainly helped that the markets, especially the S&P 500 was staging yet another push to all time highs. It felt like we were capturing profit right at our targets or slightly below which is reflected in the overall year to date Profit/Loss ratio. If you look at this week's number, it slightly dropped from 276% to 271%. Still this is a great profit/loss ratio and the less launches we manage, it seems that the better that number becomes.