Sunday, July 22, 2012

VMWare (VMW)

BUY signal the week of 2.13.12 at $99.11. My first stop was $79.48, so my risk (R)/share was $19.63. Stopped out the week of 5.29.12 at $89.46. The percentage loss on this trade was -9.7%, and the reward-to-risk ratio was -$9.65/$19.63 = -0.49.

A $4.80/share expected value and 0.89 reward-to-risk ratio means I probably won't be trading VMW again anytime soon...

History (beginning in 2007):
Winning Trades: 1 | 33.3% | +$44.11/share avg.
Losing Trades: 2 | 66.7% | -$14.85/share avg.
Average Trade: +37.7% | +$4.80/share | Reward-to-Risk (R): +0.89

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