Juniper Networks, Inc. (JNPR)

1. SHORT the week of 1.23.06 at $17.48. With the stop set at $23.31 the initial risk (R) on the trade was $5.83. Stopped out and reversed to long at $16.17 the week of 9.18.06. The percentage gain on the trade was 7.5%, and the reward-to-risk ratio was $1.31/$5.83 = 0.22. 

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2. LONG the week of 9.18.06 at $16.17. The stop was $12.15, so R = $4.02. Stopped out and reversed to short the week of 1.7.08 at $26.60. The percentage gain on the trade was 64.5%, and the reward-to-risk ratio was $10.43/$4.02 = 2.60.

3. SHORT the week of 1.7.08 at $26.60. Using $36.06 for a stop, the R on the trade was $9.46. Stopped out and reversed to long at $22.33 the week of 4.20.09. The percentage gain on the trade was 16.1%, and the reward-to-risk ratio was $4.27/$9.46 = 0.45.

4. LONG the week of 4.20.09 at $22.33.  My stop was set at $14.80, so my R was $7.53. Stopped out and reversed to short (by just $0.39) the week of 6.1.10 at $24.67. The percentage gain on the trade was 10.5%, and the reward-to-risk ratio was $2.34/$7.53 = 0.31.

5. SHORT the week of 6.1.10 at $24.67. The stop was $31.35, so that means R was $6.68. Stopped out and reversed to long at $30.01 the week of 9.13.10. The percentage loss on the trade was -21.6%, and the reward-to-risk ratio was -$5.34/$6.68 = -0.80.

6. LONG the week of 9.13.10 at $30.01. The stop was $24.14, so R = $5.87. Closed last week at $38.32 with a stop at $35.64. The percentage gain on this trade is 27.7%, and the reward-to-risk ratio is $8.31/$5.87 = 1.42.

Scorecard:

Winning Trades: 5 | 83.3% | $5.33/share avg.

Losing Trades: 1 | 16.7% | -$5.34/share

Average Trade: Gain of 17.4% | $3.55/share | Reward-to-Risk Ratio (R): 0.70