perhaps look at sizing your positions differently for highly volatile stocks?
consider on a per pip basis. like risk 20 dollars a pip .
size up or down depending on your confidence .
could keep you in the game longer?
you would need to know the pip increment for that stock price.
ie from .01 to .1 its .001
if i want to risk 20 a pip i would calculated by 20 dollars/ .001 = 20000 shares.
do a stop loss on maybe 2-3 pips .
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- Day Trader’s Aftermarket Lounge 20 May 2020
Day Trader’s Aftermarket Lounge 20 May 2020, page-39
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