Sunday, April 29, 2012

Cummins (CMI)

BUY signal the week of 1.17.12 at $104.78. My first stop was $82.00, so my risk (R)/share was $22.78. Closed Friday at $118.33 with a $105.25 stop. My new stop for the coming week is $106.08. The percentage gain on this trade is +12.9%, and the reward-to-risk ratio is +$13.55/$22.78 = +0.59.

History (beginning in 2003):
Winning Trades: 6 | 100.0% | +$16.81/share avg.
Losing Trades: 0 | 0.0% | -$0.00/share avg.
Average Trade: +65.8% | +$16.81/share | Reward-to-Risk (R): +2.69

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