It looks like this one is going to cost me a few dollars, but honestly, right now I have the feeling I'd like to just take the hit and get reversed to long before next Tuesday's earnings report.
1. SHORT the week of 1.28.08 at $57.85. Using $102.22 for a stop, the R was $44.37. Stopped out and reversed to long at $30.70 the week of 4.13.09. The percentage gain on the trade was 46.9%, and the reward-to-risk ratio was $27.15/$44.37 = 0.61.
3. SHORT the week of 3.14.11 at $74.81. With my stop set at $93.42 the R was $18.61. Closed last week at $82.77 with a $93.39 stop. The percentage loss on this trade is -10.6%, and the reward-to-risk ratio is -$7.96/$18.61 = -0.43.
1. SHORT the week of 1.28.08 at $57.85. Using $102.22 for a stop, the R was $44.37. Stopped out and reversed to long at $30.70 the week of 4.13.09. The percentage gain on the trade was 46.9%, and the reward-to-risk ratio was $27.15/$44.37 = 0.61.
2. LONG the week of 4.13.09 at $30.70. The stop was $19.85, so R = $10.85. Stopped out and reversed to short at $74.81 the week of 3.14.11. The percentage gain on the trade was 143.7%, and the reward-to-risk ratio was $44.11/$10.85 = 4.07.
3. SHORT the week of 3.14.11 at $74.81. With my stop set at $93.42 the R was $18.61. Closed last week at $82.77 with a $93.39 stop. The percentage loss on this trade is -10.6%, and the reward-to-risk ratio is -$7.96/$18.61 = -0.43.
Scorecard:
Winning Trades: 2 | 66.7% | $35.63/share avg.
Losing Trades: 1 | 33.3% | -$7.96/share
Average Trade: Gain of 60.0% | $21.10/share | Reward-to-Risk Ratio (R): 1.42
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