Sunday, April 1, 2012

Diamond Offshore (DO)

BUY signal the week of 2.21.12 at $67.19. My first stop was $56.84, so my risk (R)/share was $10.35. Closed Friday at $66.75 with a $61.22 stop. My new stop for the coming week is $60.94. The percentage loss on this trade is -0.7%, and the reward-to-risk ratio is -$0.44/$10.35 = -0.04.

History (beginning in 2003):
Winning Trades: 3 | 60.0% | +$23.77/share avg.
Losing Trades: 2 | 40.0% | -$4.38/share avg.
Average Trade: +52.7% | +$12.51/share | Reward-to-Risk (R): +3.19

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