ATS +6.35R: Short Tessera Technologies Inc. (TSRA)
+6.35R
+$643
+$643
Today the ATS shorted TSRA right before the bottom fell out on the stock and we were able to get 9.46R profit from the trade. For those who don’t know what R means - we were able to make 9.46 times the amount we were willing to risk on the trade. In this case, we were risking just $104 (our stop was immediately set) and we made $983.84.
For April we are increasing the risk (R) to $150 per trade.
In March we made a total of 15.47R with 43 trades for an expectancy of 0.36. So we made an average of $36 on every trade (and every $100 we risked).
