This week marks a full year since the start of the $2500 account challenge and it ended with success despite a bloody red market. With the US and China agreeing to a pause in additional tariff increases until an agreement can be reached within 90 days, the market staged a nice gap up on Monday punching through the 50 and 200 daily moving averages pre market only to fall by the day's end. On Tuesday the selling continued heading into Wednesday, a day or mourning in which the markets closed. Thursday was the first TRUE attempt to lift he market once more with huge buying volume after a
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 $5,686.75 with the portfolio reclaiming a new high of the year to a total sum of $151,304.
The market decided to stop going down this week as the G20 summit took place towards the end of the week. This gave us an opportunity, despite being questionable, to find good Launch List candidates throughout. The tug of war between buying and selling remained strong and it was critical to stay nimble. We took profits when needed well below the profit target to extract as much wins as possible. In some cases this saved some of the launches, but in other cases it was profit taken too early. What matters at the end of the day if we continue to push higher and in the grad scheme of thing