@StocksChef Hey man, I'm still a struggling trader myself so take what I say with a grain of salt. However I don't think it's ever a good idea to let a stock go $1 against you. Whether you're 100 or 1000 shares into the position. Because once you start becoming a better trader and start trading 10000 shares like Tim does, that $1/share loss starts to be a massive -$10000 loss.
To the time that u gonna trade 10000 you have to have at least 100k on your account and if so its only 10% of your whole net,and again its something that im tryin to do coz i still didn't find any profitable formula except this one
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