Entry comments: Starting my short position of $I, with small size so I can add on the way up, until it has its nasty spill. Looking for $4 of downside, so I can risk $1-$2 upside easily. Waited to short until the afternoon, since this was a 100% do not short in the morning as it has been squeezing daily for about 8 days now. Will add on the way up several times then hold for the dump.
Exit comments: Feels great to come up with a plan, stick to it, be patient, stay disciplined, then take what the market gives you rather than getting too greedy and come out ahead. This was by far my most intense trade, as I was shorting all week with small size and watching every day to manage my position, and get experience. I still have a lot to learn, but this trade helps a lot with my progress and how I approach things. $8 - $7.645 comm = $0.355 win