If there was one piece of advice I'd give a new trader starting out it would be: Forget about going short, concentrate on the long side. Shorting is a particular skill set. Become a great long side trader first.
Disagree. Learning trading skills, like any job takes time and effort. A carpenter doesn't say let me first learn how to measure something, then at some point how to cut it. Later still how to nail it in place.
Example of why nobody can learn anything in forums guy 1: do this guy 2: no do this! guy 3: just click click noob: let me pay $500 for this course...
The key to my post was the phrase ' a new trader starting out'... I'd go further: A new trader should: Concentrate on the long side. Specialise, trading one market. Specialise, trading one setup. Get really, really good at the above. Later, they can broaden their trading strategies, if this is necessary. All just IMHO.
I would probably give you the opposite advise. As a short side trader you are more likely to take your losses quickly. As a long side trader you are more likely to turn a trade into an investment to avoid the pain of a loss.
I dont like it. Youre in too late imo. Your stop is at a level that the market is likely to return to. Good luck anyway.