Cancelled Short Sell

 Closed my short sell trade

at a loss of around $100

it is decided by looking at the chart

it does not look like the 20 SMA is a resistance anymore

and also Adam Khoo says the market is likely bouncing back

Short SE again

 

SE rose around 15% today

will short sell

stop loss around 120

take profit around 88

if successful, I will make 200

if it closes around 120 or higher, I will lose at least $120

I do not want to place stop loss

cause if the price dance around 120, I will still keep the trade

but I think I should set a stop, somewhere very unlikely

like maybe price @150