BUY signal the
week of 11.26.12 at $28.00. My first stop was $19.07, so my risk
(R)/share was $8.93. Closed Friday at $25.58 with a $25.40 stop. My
new stop for the coming week is $25.63. The percentage loss on this trade is -8.6%, and the reward-to-risk ratio is -$2.42/$8.93 = -0.27.
History (beginning in 2012):
Winning Trades: 0 | 0.0% | +$0.00/share avg.
Losing Trades: 1 | 100.0% | -$2.42/share avg.
Average Trade: -8.6% | -$2.42/share | Reward-to-Risk (R): -0.27
Compound Annual Growth Rate (CAGR): -24.2%
Compound Annual Growth Rate (CAGR): -24.2%
Your new stop is higher than Friday's close fyi
ReplyDeleteYou're right, my stop for next week is higher than Friday's close. That happens once in a while. My trailing stops are volatility based, so they're always moving (sometimes I wish they'd move just a little faster). But as you pointed out, if the stock doesn't move any higher next week I'll be stopped out.
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