In my head (at the time of this trade) I thought KURA's uptrend was breaking so I shorted small size with a mental stop at 11.40. 5 minutes into the trade I realized I shorted this impulsively instead of waiting for a pop and solid risk/reward setup...and it wasn't even showing signs of weakness. That and it was a 5 cent ticker which I wasn't a huge fan of. I decided to get out for a small loss instead of letting this mess up the rest of my day - good call in my opinion. Paper cut, moving on.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-09-11 11:55:15 | KURA | sell | $11.100 | short |
2017-09-11 12:01:11 | KURA | buy | $11.250 | 0 |
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