For the past 15 years the StockConsultant tools have dominated the online technical analysis space with simple price action indicators, cool candlestick charts, support , resistance, volume, targets, and breakouts. This is not investment advice.
I'm trying to be a swing trader. I've lost money in the past by holding on to losers. Lately I always cut losses below 5% and aim for 10%+ gains. I sometimes miss out on winners, but I'm in the black now and feel I'm making good progress.