First week of Paper Trading after 2 month of studying..

Shorted DRYS at 2.96 with a 2:1 risk:reward to start that quickly rose to a 4:1

Market close DRYS is at 2.70 , looking for morning panic or fading throughout the day to mid 2.50's

Slight support at the low which is 2.63

Opened at previous close & faded all day or opened lower 7 out of 10 previous days.

Downward trend since beginning of December.

 

Looking to connect with traders in the Denver area. Reach out if you are in the rocky mountain region!