BUY signal the week of 1.23.12 at $123.79. My first stop was $73.35, so my risk (R)/share was $50.44. Closed Friday at $83.74, way below my $91.38 stop. The percentage loss on this trade was -32.7%, and the reward-to-risk ratio was -$40.05/$50.44 = -0.79.
History (beginning in 2003):
History (beginning in 2003):
Winning Trades: 3 | 60.0% | +$63.33/share avg.
Losing Trades: 2 | 40.0% | -$22.47/share avg.
Average Trade: +125.6% | +$29.01/share | Reward-to-Risk (R): +3.65
Trades like this one remind me how important it is to always stick with my 1% risk model.
Trades like this one remind me how important it is to always stick with my 1% risk model.
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