news could have been bad on AUPH so definitely not great risk/reward trade - make sure you take that into consideration next time. it can work out once but often bad news can come with biotechs so it's risky.
Love the Trader Checklist DVD, helped me find the perfect short this morning on $WTW. Watching it slowly fade and I'm short from 9.95. Since market environment is bearish it helped me pick an ideal set up