Flaps Won

Should I be worried that this flap of open skin/nail/wound on my toe/toenail won't close/heal? it's all red?
I had a bad nail on the side and got rid of it now the toe hurts to the touch there and has a flap that won't heal up it's red and like bloody (the flap not the toe) should I be worried? I was covering it with bandaids but I thought it sticking to the bandaids was causing it not to close. So now I got a cotton ball there secured around the cotton is bandaids (Not touching the hurt spot the cotton does that) is this better?
You might have cut into the quick of your nail..i would put some antibiotic cream on it and cover it with a band aid for a few days then let it out to the air..make sure to wear flipflops and not shoes
Recently Purchased: