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Here is what is currently happening.
Wanted to get in for the afternoon short squeeze, i think the idea was good, but the execution could be better, i could have waited for a better entry, closer to the support that would have given me a better risk/reward, being a lot more safe. Anyways i waited until it tested resistance at HOD leves, when it couldnt brake it i took profits. First green trade for me, but i still have a lot to learn
this was a solid trade..... first red day after so many green days. shorted into the bounce after the quick drop at market open.... covered very very conservatively in hindsight should have covered half... but then it came back to the 8.80s should have reshorted and later tanked after it broke 8.60s all the way down to the 7.70s but good gain for me and even better way to MANAGE RISK