Another busy and green week was achieved at Profit Mission Control. There was a total of 23 launches with the majority of them occurring at the same time on 9/20. Overall profit was not as great as the prior week as we only locked in $3.34 per share this week as compared to $8.53 per share last week. There were a couple of reasons in our opinion as to why this happened.
First, because we were managing multiple launches at the same time, we didn’t let the strong winners move up further as we were taking full profit slightly below or at the profit target. On the weeks where we have a high % profit, we typically let the winners push further up before we lock in the profits.
Second, for some of the stocks, our tight abort price worked to our disadvantage as we aborted a few stocks like $AGRX $MBOT $HFC and $GGAL that ended up coming back up right after we aborted and meet or exceed our initial profit target. While we did take advantage of this rebound and took another trade in $HFC and $MBOT, we were still impacted by the losses. If you recall last week we aborted $TEN because of the same reason but we rentered again at the end of last week and took a nice profit this week.
Overall the weekly accuracy remained good at 65%.
This week profit was launched on $TEN $HFC $AXON $LJPC $HTZ $CKH $SHEN $AKTX $MCRB $CYCC $DHI $KEYW $HTGM $BBG $MBOT. We aborted with a loss $MBOT $AGRX $HFC $GGAL $KRO $MYOK $CDXC.
This is cumulative portfolio growth chart that captures the profit on a weekly basis from the year's start trading 2500 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. Lots of people ask me if this is real or not. I don’t understand why does this matter. 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 actual portfolio varies in large because of other trades that are taken intraday. If it makes you feel better that this is based on simulated trades that is okay. 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 Launch transparent plans that are published 2-5 times a week.
For this week, the portfolio added another $8,350 reaching a total sum of $349,733.
Here is the latest update to the Launch List Performance Card. To date 510 Launches, 63.3% Accuracy with an average Profit/Launch of 4.22%. On a per share basis for the year to date the Profit per Share climbed to $129.89. If you multiply that Profit Per Share times the number of shares per trade, that will give you the total profit per year. For example if you take 500 shares per trade, the total profit this year would be 500 X $129.89 = $64,945. Overall Profit/Loss ratio was 276.19% which is also known as the Profit Factor with a value of 2.76.