I was going against the trend here and paid big time. I thought the big red candle around 11:10 was distribution, and went short. I averaged down into a bad trade and paid dearly... I thought the stock might reverse around 1:00, but it kept going and I lost more. my worst trade yet... Please give me some feedback on this one for what to look for, I don't want to do this again. Wiped all my gains out for the week.
Execution detail:
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