Tags:
climax/exhaustion gap in Chinese ADRs. Shoulda been shorting them premkt since the prices were very defensible and the probability of gap and crap was very high. Unprepared on a Monday morning and paid for it. BIDU was strongest of bunch which allowed for an entry post open but the trade was best setup i've seen in at least 6 months. Terrible miss and no one to blame but myself. I even have a playbook for climax gaps. Not preparing yesterday inexcusable.
Execution detail:
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