I entered this trade based on Paul's daily videos when he was short this one as well. But it was just a bad trade overall, I was following blindly and felt like it was a good opportunity just because I shorted at a higher price than he did. But things changed when this thing gapped up like it did, I did not aknowledge that when I entered. I should have kept my stop tight if I was assuming this thing would fade straight off these highs, but I didnt even do that. Dumb trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-02-17 09:50:30 | KORS | sell | $51.650 | short |
2016-02-18 10:24:06 | KORS | buy | $53.710 | 0 |
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