How Should I Trade Stock? 
Entries – Pulling the trigger, or entering a trade, can be a hard decision for new traders. Does it feel like whenever you enter a trade it immediately goes in the opposite direction? Loses are a part of trading. Not every trade can be a winner, but you must work toward having more winners than losers!
You may have even picked a good trade but the wrong entry. After you stopped out, the trade went the proper direction and you missed out on a winner. This often has a negative impact on our psychology.
Never jump into a trade! Be Patient, Disciplined, and Focused.
Exits – You should have several different exit strategies. We do not know where the market is headed. We have a bias but it is no guarantee. This is the reason for exit prices. Know where, how, and when you will exit your trade before the position is entered. The first exit should be to reduce all or most of the capital you have risked. All other exits are to maximize profits. This can be based on key technical points such as support and resistance.