Thanks, bash me so I can learn more. I love it. My risk was tight. Stopped 20.5. But stupid to short you are all right. Trying to learn the most I can from here that's why I posted the chart and learnt a lesson already
Trump put out the word to major CEOs that he's ok with them using Arthur Anderson to do there accounting for this earnings season...wink wink.
It's not stupid to short if you have a short signal and a reasonable risk/reward. What is stupid is trying to pick tops ...and bottoms without the aforementioned.
So the question you need to ask and answer for yourself (not us) is were you shorting because you have a trading plan that defines a set of variables and conditions that were present and as such indicated a short was appropriate, or were you simply selling a perceived R level?