Pros
Can make 40% , 50% , 80% or 100% on $1,000 or $5,000 and have a really good profit day. And from there continue to rinse and repeat the same thing putting money in parabolic or up trending setups.
Cons
I lose $100 or $80 when the stock goes down I have to cut my losses because I do not want to take a larger loss. Actually a pro but also a con for entering into a stock if you don’t have any trades in your brokerage account.