Sunday, July 22, 2012

CF Industries (CF)

BUY signal the week of 1.9.12 at $172.55. My first stop was $125.48, so my risk (R)/share was $47.07. Closed Friday at $202.77 with a $155.66 stop. My new stop for the coming week is $159.89. The percentage gain on this trade is +17.5%, and the reward-to-risk ratio is +$30.22/$47.07 = +0.64.

Just like the broader market, this trade has been a real rollercoaster ride. It traded up to $197.97 the week of 4.23.12, then all the way down to $157.01 less than a month later (close to my $152.66 stop at the time), and now it's back up and over $200.

History (beginning in 2005):
Winning Trades: 4 | 100.0% | +$38.60/share avg.
Losing Trades: 0 | 0.0% | -$0.00/share avg.
Average Trade: +121.9% | +$38.60/share | Reward-to-Risk (R): +6.96

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