[keret]

That makes total sense. I researched a bit and I saw (in many places) that they were recommending a stop-and-loss if the price falls below 10% and that didn't make any sense because when you're shorting YOU WANT the stock price to go down.

I guess I misunderstood it but this is what investopedia says about stop and loss (when shorting)

In other words, setting a stop-loss order for 10% below the price you paid for the stock would limit your loss to 10%.