Closing price above $1.82 is crucial, page-13

It is risk and capital management. I prefer to buy shares in multiple parcels like a pyramid rather than in one go.

Lets say I have $100k in trading capital and I allocate 5% to each trade so it will be $5k to A2M.

Parcel 1 - I buy $1k worth of shares @ $1 with a trailing stop loss at 92c
Parcel 2 - I will wait for price to go up to $1.05 before I buy another $1k worth of shares and move up my trailing stop loss to 97c
Parcel 3 - I will wait for price to go up to $1.10 before I buy another $1k worth of shares and move up my trailing stop loss to $1.01
Parcel 4 - I will wait for price to go up to $1.15 before I buy another $1k worth of shares and move up my trailing stop loss to $1.06
Parcel 5 - I will wait for price to go up to $1.20 before I buy another $1k worth of shares and move up my trailing stop loss to $1.10

I stop buying once I have used up the $5k allocated to A2M. I end up with roughly 4500 shares at average cost of $1.10 and wont lose anything if price drops from $1.20 to $1.10 as my stop loss will get triggered. If price keeps going up then I keep moving up my trailing stop loss.

If I buy $5k worth shares in one go @ $1 and price drops to 92c then I lose 8% of my $5k capital allocated to one trade. By buying small parcels I have limited my risk of loss and managed to effectively manage my capital. Yes I have limited my ability to make windfall gains as price can jump up to $1.20 but this has not happened a lot of times to me so I stick with buying parcel.