Saturday, April 30, 2011

Citrix Systems, Inc. (CTXS)

1. LONG the week of 4.21.03 at $17.84. Using $12.02 for a stop, our initial risk (R) on the trade was $5.82. Stopped out and reversed to short at $19.47 the week of 2.9.04. The percentage gain on the trade was 9.1%, and the reward-to-risk ratio was $1.63/$5.82 = 0.28. 



2. SHORT the week of 2.9.04 at $19.47. With the stop at $25.34 the R was $5.87. Stopped out and reversed to long at $20.22 the week of 10.4.04. The percentage loss on the trade was -3.9%, and the reward-to-risk ratio was -$0.75/$5.87 = -0.13. 

3. LONG the week of 10.4.04 at $20.22. My stop was $15.71, so R = $4.51. Stopped out and reversed to short the week of 7.10.06 at $34.70. The percentage gain on the trade was 71.6%, and the reward-to-risk ratio was $14.48/$4.51 = 3.21.

4. SHORT the week of 7.10.06 at $34.70. With the stop set at $44.47 my risk was $9.77. Stopped out and reversed to long at $33.51 the week of 4.2.07. The percentage gain on the trade was 3.4%, and the reward-to-risk ratio was $1.19/$9.77 = 0.12.

5. LONG the week of 4.2.07 at $33.51. My stop was $27.73, so R = $5.78. Stopped out and reversed to short at $34.59 the week of 1.7.08. The percentage gain on the trade was 3.2%, and the reward-to-risk ratio was $1.08/$5.78 = 0.19.

6. SHORT the week of 1.7.08 at $34.59. Placing my stop at $42.34, the risk on the trade was $7.75. Stopped out and reversed to long the week of 4.27.09 at $27.51. The percentage gain on the trade was 20.5%, and the reward-to-risk ratio was $7.08/$7.75 = 0.91.

7. LONG the week of 4.27.09 at $27.51. The stop was $19.55, so R = $7.96. Closed yesterday at $84.34 with a $61.79 stop. The percentage gain on this trade is 206.6%, and the reward-to-risk ratio is $56.83/$7.96 = 7.14.

Bottom Line:
Winning Trades: 6 | 85.7% | $13.72/share avg.
Losing Trades: 1 | 14.3% | -$0.75/share
Average Trade: Gain of 44.4% | $11.65/share | Reward-to-Risk Ratio (R): 1.68

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