Sunday, July 22, 2012

Cummins (CMI)

BUY signal the week of 1.17.12 at $104.78. My first stop was $82.00, so my risk (R)/share was $22.78. Stopped out the week of 5.14.12 at $97.20. The percentage loss on this trade was -7.2%, and the reward-to-risk ratio was -$7.58/$22.78 = -0.33.

By now you've already heard this story a couple of times: +21.7% at one point only to give it all back when the market moved down (faster than my stops could move up) in May.

History (beginning in 2003):
Winning Trades: 5 | 83.3% | +$17.46/share avg.
Losing Trades: 1 | 16.7% | -$7.58/share avg.
Average Trade: +62.4% | +$13.29/share | Reward-to-Risk (R): +2.53

No comments:

Post a Comment