DM I really like your strategy. Although I think the plan should...

DM I really like your strategy. Although I think the plan should be somewhat flexible, I mean you might gain 50% on a stock and it really might begin to seem that it's peaked, it may be best to sell and move on to the next stock for example. Same would apply for a failing stock. However once you pass the first couple of stages, the worst that can happen is you fall back to your initial $500, which is better than if your initial investment was a significant amount of hard earned money.

Overall though I think it's a great idea overall, would like to see how it goes for you in the future