Shorted this NASDAQ on its's first red day/# 6 short pattern. Missed the initial G/R move but shorted into the bounce after it bottomed. Only got a partial execution. Covered into the pull back to the initial panic low, probably should have held longer since it broke that low and went further down. Still learning though so I'll take the small profit.
Entry comments: I dip bought this big spiker off its highs in the low .60s, would love to see it get back there and maybe break day high too, could be quick, small position
Exit comments: Whew, I'll take this small win, wanted more of a spike but looks to have trouble at premarket highs so I'll take my single, now onto work on my premarket video lesson posting, sorry about that!
PAPER TRADE - Treated this like the real thing - meant to buy 1000 shares though and missed that last "0" - but it was a good trade overall in that I felt like my timing was correct, and I was reading the chart correctly, and I got out when the price action moved against me.