This was a good green week that saw the $2500 challenge portfolio surpass the $3000 level for the first time since the start on Dec 8th, 2017. As I was scanning the market for possible launch list candidates, I noted that the number of stocks showing up in my nightly scans was diminishing. This is usually a sign that the market is taking a breather or possibly staging some sort of a correction. Coupled with that was the fact that the market has been having a few larger dips, and volatility has been picking up. I was cautious and the fact that not so many stocks were showing up on the scanners kept the trades limited to only 5. Compare that with the second week of the challenge where we had 17 launches.
Profit was realized on $ABEO $KDMN and $FOLD loss on $VNDA and $ELY. Accuracy was 60%, P/L ratio: 149%
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 +$125.60 lifting up the portfolio to a total sum of $3036
Here is the latest update to the $2500 Launch List Performance Card. Since start on 12/8/2017 44 Launches, 54.5% Accuracy with an average Profit/Launch of $0.17/Launch. On a per share basis for the challenge start to date the Profit per Share was $3.57/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 153 shares), that will give you the total profit on the challenge so far. Overall Profit/Loss ratio was 126.72% and the Overall profit factor is 1.52 to date.