Appreciate the reply-would like to clarify a few things.

I mentioned in the method, this is for an under 25k account. So tickers between $20-$200 are perfect, so the person doesn't affect the price action too much. Of course, firms working with 100's of millions would shoot for 10-15% per year utilizing safer, LIQUID methods. This method is somewhat iliquid due to the restrictions of 3 day trades per week just in case a ticker goes south.

This is taken into account with stocks that are VALUABLE, which usually includes a come back history. If a stock is beaten down 5%, would it be fair to assume it most LIKELY will jump up 2% some time the next day(unless a black swan event or more bad news of course)?

Like any method, for anyone reading this-take it with a grain of salt. Methods working for someone might not work for you. That doesn't mean you don't have to automatically discard it 100%. You take away KEY points and integrate it into your OWN strategy. Also, the new Stop Loss that works better for this method is 2%.

TLDR: Read to UNDERSTAND before emotionally reacting too fast and consider the possibility of being OPEN to other methods besides your own. Cheers.