I think I've traded Boeing pretty well since the middle of 2003. The stock is up 162% from my initial $29.59 buy signal that June, but my total return on investment over 5 trades covering that time span stands at 390.5%.
1. LONG the week of 6.2.03 at $29.59. Using $23.72 for my stop, the risk (R) on the trade was $5.87. Stopped out and reversed to short the week of 9.5.06 at $65.22. The percentage gain on the trade was 120.4%, and the reward-to-risk ratio was $35.63/$5.87 = 6.07.
2. SHORT the week of 9.5.06 at $65.22. With the stop set at $76.96 the R was $11.74. Stopped out and reversed to long at $76.98 the week of 11.6.06. The percentage loss on the trade was -18.0%, and the reward-to-risk ratio was -$11.76/$11.74 = -1.00.
3. LONG the week of 11.6.06 at $76.98. The stop was $65.37, so my risk was $11.61. Stopped out and reversed to short at $80.66 the week of 12.10.07. The percentage gain on the trade was 4.8%, and the reward-to-risk ratio was $3.68/$11.61 = 0.32.
4. SHORT the week of 12.10.07 at $80.66. With $94.79 for a stop the R on the trade was $14.13. Stopped out and reversed to long the week of 5.4.09 at $43.65. The percentage gain on the trade was 45.9%, and the reward-to-risk ratio was $37.01/$14.13 = 2.62.
1. LONG the week of 6.2.03 at $29.59. Using $23.72 for my stop, the risk (R) on the trade was $5.87. Stopped out and reversed to short the week of 9.5.06 at $65.22. The percentage gain on the trade was 120.4%, and the reward-to-risk ratio was $35.63/$5.87 = 6.07.
2. SHORT the week of 9.5.06 at $65.22. With the stop set at $76.96 the R was $11.74. Stopped out and reversed to long at $76.98 the week of 11.6.06. The percentage loss on the trade was -18.0%, and the reward-to-risk ratio was -$11.76/$11.74 = -1.00.
3. LONG the week of 11.6.06 at $76.98. The stop was $65.37, so my risk was $11.61. Stopped out and reversed to short at $80.66 the week of 12.10.07. The percentage gain on the trade was 4.8%, and the reward-to-risk ratio was $3.68/$11.61 = 0.32.
4. SHORT the week of 12.10.07 at $80.66. With $94.79 for a stop the R on the trade was $14.13. Stopped out and reversed to long the week of 5.4.09 at $43.65. The percentage gain on the trade was 45.9%, and the reward-to-risk ratio was $37.01/$14.13 = 2.62.
5. LONG the week of 5.4.09 at $43.65. My first stop was set at $32.10, so R = $11.55. Closed yesterday at $77.52 with a $70.10 stop. The percentage gain on this trade is 77.6%, and the reward-to-risk ratio is $33.87/$11.55 = 2.93.
Bottom Line:
Winning Trades: 4 | 80.0% | $27.55/share avg.
Losing Trades: 1 | 20.0% | -$11.76/share
Average Trade: Gain of 46.1% | $19.69/share | Reward-to-Risk Ratio (R): 2.19
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