Shorted it way too early. Need to let the trade develop before taking a position in it. Thankfully I held. Not worth the risk however. And when it did tank I covered too quickly and left money on the table.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-07 12:23:43 | BABA | sell | $89.147 | short |
2014-10-07 13:14:42 | BABA | buy | $88.810 | 0 |
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