Look at the Level 2. Trade Smart and Trade Simple. There will be only one opportunity to correct a wrong trade. Make small gain and move on. Be prepared to exit a bad entry.
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
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.