Monday, April 30, 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 $68.01 with a $60.82 stop. My new stop for the coming week is $61.29. The percentage gain on this trade is +1.2%, and the reward-to-risk ratio is +$0.82/$10.35 = +0.08.

History (beginning in 2003):
Winning Trades: 4 | 80.0% | +$18.03/share avg.
Losing Trades: 1 | 20.0% | -$8.33/share avg.
Average Trade: +53.1% | +$12.76/share | Reward-to-Risk (R): +3.22

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