This week ended in green with solid profits on the following stocks: $DKS $WAFD $APRN $APTI $CJ $NMIH and $OHRP. We also had only one loss on $TLRD ! This is one of the best accuracy weeks where the accuracy hit 88%. The profit to loss ratio P/L was sitting at 127% while the overall profit per share for the week was at $3.09.
I have decided to take a break on the main portfolio and start a new challenge. When your account grows to a large amount as seen below, it is time to get out of your comfort zone and start a new challenge to help you sharpen your discipline and reinforce patience as a key skill needed for trading.
Starting next week, I decided to reset my account size to $2500 only and follow my same process. There will also have to be adjustments on the number of shares I take per trade as well as the maximum stock price I can be scanning for. You can find more details in my dedicated article on the topic. I will also be posting a video soon.
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, you can assume it is paper trading. 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 added another $7,725 reaching a total sum of $494,008
Here is the latest update to the Launch List Performance Card. To date 670 Launches, 64.6% Accuracy with an average Profit/Launch of $0.26. On a per share basis for the year to date the Profit per Share climbed to $187.60. If you multiply that Profit Per Share times the number of shares per trade, that will give you the total profit per year. Overall Profit/Loss ratio was 258.88% and the Overall profit factor is 4.73 for the year.