I twits real time to buy stocks that are ready to potentially move soon. I will take small profit 1/2 (make break even point down) then swing for rest 1/2 . I will take small loss quickly when it return back under the trend line or breakout point.
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.