I twits real time to buy stocks that are ready to potentially move soon with tight Stop. I will take small loss quickly when it return back under the trend line or breakout point http://treenhome.blogspot.com/2013/12/my-stock-trading-is-simple.html
I take positions where I see a 5-10 point gain in the near term. I move quickly and cut losses fast. 7% loss is general rule. 25% gain is general target. Contrarian sometimes-Trender sometimes. Take what the market gives. Always learning.