Ending this week in red after a small loss. It has been a choppy week and only one Launch list was published. The market appeared at times wanting to test it's recent lows but found buyers Friday afternoon. All this talk and debate about tariffs on steel has caused confusion on wall street and the result was choppy trading. It's still a great reminder to have and respect your abort levels and a red week like this will only be a blip on the radar no more.
Here is the latest update to the $2500 Launch List Performance Card. Since the start on 12/8/2017 159 Launches, 62.3% 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 $20.83/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 137 shares), that will give you the total profit on the challenge so far. Overall Profit/Loss ratio was 104.75% but the Overall profit factor is 1.68 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 lost a total of -$109.50 with the portfolio down to a total sum of $4887
This week, our TradeIdeas scanners have been putting out a possible list of good Launch candidates which made capturing profit a little bit more easy after two to three weeks of spinning our wheels (rocket engines in this case). With 7 launches, we captured profit on profit on $WBAI $TGTX $BLCM $SEM $DRNA
Another green but small weekly recap. Again, not seeing many long opportunities in our TradeIdeas scanners. Profit was captured on $UIS $KPTI $MNOV with a loss on $WAIR and $CBAY. Accuracy was not bad sitting at 60% with a profit/loss ratio of 96% which again gives a good combo to out us in the green zone.
This was a light week for trading as the market tries to recover from a relatively large drop. Our scanners were having trouble finding new LONG opportunities as most stocks where in correction. However, given the earning season, there has been a few possible candidates that worked out well. For this week profit was realized on $SNAP with a loss on $ANGI and $LTRPA Pl/L Ratio %234 accuracy 33%. Despite the poor accuracy, the week ended in a slight green because of a healthy P/L Ratio greate