Tuesday, May 1, 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 the week of 4.16.12 at $63.60, way below my $68.73 stop. The percentage loss on this trade was -23.2%, and the reward-to-risk ratio was -$19.18/$21.58 = -0.89.

History (beginning in 2003):
Winning Trades: 3 | 60.0% | +$31.96/share avg.
Losing Trades: 2 | 40.0% | -$11.18/share avg.
Average Trade: +62.1% | +$14.70/share | Reward-to-Risk (R): +2.34

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