Profit Mission Control site is a platform to publish suggested trading ideas and analytical information about specific stock market opportunities. All information published here is what we as a company trade but should not be what YOU as a follower/member/subscriber trade unless you consult with a proper financial advisor. Trading and investing are VERY risky and you should not trade or invest with money you can not afford to loose.
Because the market is risky, we deploy statistically optimized processes and disciplined risk management to ensure successful and consistent profitable growth. Profit Mission Control LLC is not an investment firm or a financial advisor and any information found here is only for informational and educational purposes only. Please fully read our disclaimer and terms and conditions to learn more.
Profit Mission Control site was founded in 2016 by Mat Trader. We publish here and on other social media a Launch List two to five times a week as well as intraday trade alerts. Weekly profit recaps are published here to track the overall performance of the Launch List and reflect on the execution of these trades.
The trade setups are generated from market scanners developed and/or optimized by Mat Trader using Trade Ideas award winning software. Intraday alerts originate from the intraday trading strategies that are back-tested and optimized periodically to maintain effectiveness.
Why the name “Profit Mission Control”?
We know it might be confusing, what does trading have to do with rocket launches and spaceships? Well, first of all it is FUN. Trading can be stressful so why not make it a little bit less stressful by using the concept of rocket launches ? If you dig a little bit deeper you will find that SUCCESSFULL trading in the stock market has so many similarities with launching a spacecraft on a mission to space, especially if the spacecraft is carrying human astronauts.
Traveling into space with the goal of safely reaching a specific destination is a very complex endeavor. There are so many unknowns, so much potential but so much risk, and the slightest mistake can result in a disaster.
Sounds familiar as a trader?
If you want to be successful in capturing profits consistently in the stock market, you should imagine yourself as an engineer sitting in front of a control room console overseeing the launch and flight of a space mission carrying human astronauts. The idea here is to implant the importance of risk management. As a mission control engineer you will spend many hours before, during and after the mission:
- Training and learning about the mission
- Planning
- Operating controls
- Managing risk
- Monitoring the mission’s health, navigation and trajectory to destination
- Executing critical decisions in flight
- Staying calm and on top of your emotions
- Evaluating, logging and reporting on the mission’s results
If you miss any of these steps you are setting up your mission for failure.
So, do you get the connection? As a trader wanting to capture profit from the stock market you SHOULD spend many hours before, during and after a trade:
- Training and fully understading the stock you are about to trade and the price action that led to it being a Launch Mission candidate
- Planning the proper entry and exit target
- Operating your trading platform
- Managing your risk and knowing when you are wrong
- Monitoring the trade’s health, chart and profit and loss targets
- Staying calm and on top of your emotions
- Executing critical decisions during the trade
- Evaluating, logging and reporting on the trade’s results
As you can see, there is a lot in common between being a trader and being an engineer in a mission control room.
So What do We Do and Why Would You Care ?
As a service, we process information about the stock market and specific stock opportunities that meet our trading criteria. We identify those opportunities and provide them in a condensed, simple and summarized list of trading opportunities we call a "LAUNCH LIST". This is our final product and is a result of many years of trial and errors. We are not a hype service and do not (and can not) promise legendary performance. You will not become an instant millionaire or buy a lambo by using our information. But we expect you to learn something beneficial from our processes, information and tools that makes you a more consistent and profitable trader. Our Launch List process sometimes may seem boring or cheesy, and that is the point. Trading is not about excitement or a rush. It is about successfully growing capital. Can it be fun sometimes ? Yes it can. But we are all not here to have fun, but to achieve profitable growth. Learn more about Mat Trader and the Story of Profit Mission Control.