Cut your losses

The only thing you have to fear is fear itself

Have a system and stick to it like Crazy Glue.

Use several charts in different time periods for each stock you are trading. 60, 13, 8, 3, and 1 minute charts will enable you to see the bigger picture. If the 60, 13, and 8 minute charts are in an uptrend, look at the 3 / 1 minute charts for an entry into the trend, such as when the lead stochastic moves up from the 20 band. Don’t fight the trend of the longer time frames, but if your trade is going against the major trend, be aware that you won’t want to stay in it for too long.

If the lead stochastic crosses over the 20 band consider this a possible buy signal, and if it crosses below 80, then it would be a sell signal.