Waiting to breakout..... or NOT
Stop loss $3.3
Buy at $4.4 if close above it
If I can only lose $200 here, my share count should be $200/(4.4-3.3)=182 shares
there may be chance to add more shares along the way
Make sure your move your stop loss up if it will go up along the way.
Remember: Your goal is not to calculate how much money you can make, but how much you can afford to lose.
There always will be a opportunity in the future, only if you still have money to stay in the game.
Buy at $4.4 if close above it
If I can only lose $200 here, my share count should be $200/(4.4-3.3)=182 shares
there may be chance to add more shares along the way
Make sure your move your stop loss up if it will go up along the way.
Remember: Your goal is not to calculate how much money you can make, but how much you can afford to lose.
There always will be a opportunity in the future, only if you still have money to stay in the game.
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