I use tight stops, which I adjust daily. I let winners run, but take half off when my goals are hit. I only trade from my watch list and if technicals are right. I try to avoid buying when overbought or far off SMA.
I've learned the hard way...
trade only wkly credit spreads, MA, GOOG,NFLX, AAPL. Respect momentum/trend. Iron condors if I can get at least $2.80 with a $5 risk spread.Trade uptrending, start with $2 credit for the bull put side. Limiting bear calls.