Sunday, February 26, 2012

Cimarex Energy (XEC)

BUY signal the week of 2.13.12 at $82.78. My first stop was $61.20, so my risk (R)/share was $21.58. Closed Friday at $86.41 with a $61.20 stop. My new stop for the coming week is $65.32. The percentage gain on this trade is +4.4%, and the reward-to-risk ratio is +$3.63/$21.58 = +0.17.

History (beginning in 2003):
Winning Trades: 4 | 80.0% | +$24.88/share avg.
Losing Trades: 1 | 20.0% | -$3.18/share avg.
Average Trade: +67.6% | +$19.26/share | Reward-to-Risk (R): +2.55

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