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. Stopped out the week of 5.14.12 at $59.15. The percentage loss on this trade was -12.0%, and the reward-to-risk ratio was -$8.04/$10.35 = -0.78.

History (beginning in 2003):

Winning Trades: 3 | 60.0% | +$23.77/share avg.

Losing Trades: 2 | 40.0% | -$8.19/share avg.

Average Trade: +50.5% | +$10.99/share | Reward-to-Risk (R): +3.04