The Fourth was with us this week. May the 4th turned out to be a great momentum boost for the stock market as buyers finally seemed to be stepping in. Multiple stocks from the launch list triggered and hit the profit targets and beyond. This week we realized the best weekly profit on the $2.5K challenge to date pushing the portfolio closer to the $10K point.
Here is the latest update to the $2500 Launch List Performance Card. Since the start on 12/8/2017 346 Launches, 70.2% Accuracy with an average Profit/Launch of $0.31/Launch. On a per share basis for the challenge start to date the Profit per Share was $84.17/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 384 shares), that will give you the total approximate profit on the challenge so far. Overall Profit/Loss ratio was 169.65% and the Overall profit factor is 3.95 to date.
This is cumulative portfolio growth chart that captures the profit on a weekly basis from the $2500 challenge start trading a variable number of shares per trade. 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 and are traded using our SureTrader Platform. Our goal is not to brag about profits whether they are real or not, our goal is to track a winning system that generates profits based on transparent Launch plans that are published 2-5 times a week.
For this week, the portfolio gained a total of +$5510.95 with the portfolio up to a total sum of $38,935
This was a slow week as I was busy with other house projects. Most of the launches were from prior weeks and the only single list published this last Friday 4/27. Despite being slow, we still ended the week in the green with 4 total launches. Two launches were profitable $UNIT and $GNMK while the other two were losers $DBD abd $ETP. Accuracy fell to 50% but the profit/loss ratio was 218% which is high, giving us another green week.
After a volatile week with the $SPY jumping all over the place, the $2.5K portfolio suffered a red week with a total loss of $109.70. This was the first week in the challenge where the share size per trade was adjusted to account for the new equity level of $5000. There was a lot of activity on the Launch list, with 19 total launches but it seems that by the end of the week nothing has been accomplished. This is normal in trading and you should not expect the profits just to roll in without some setbacks.