VXX — volatility-short

Summary

SPY had a sharp drop and started gaining momentum back. VXX lower lows right after that and that was the entry. The bars were bigger and we had a small gap up in price on the 5m bar right before the top. Unfortunately it didn't keep going so I stoped out when we took out the previous high, taking almost half of my risk. The doji at the bottom with big volume made me want to get out early.

Reference