Had a mental lapse on my first trade in this stock. I wasn't following my plan and shorted 200 shares at 87.07. The stock formed a higher low after 87.14 support held and was oversold and extended to the downside on the daily, what was I thinking?! I paid the price and exited my position way to late at 88.75. On a stock like this having a hard stop is crucial. I was not disciplined and held on way to long not wanting to admit such a big loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-26 10:08:14 | ESPR | sell | $87.070 | short |
2015-03-26 10:14:30 | ESPR | buy | $88.750 | 0 |
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