"I tried the same thing a few days ago and bought a couple thousand shares at .87 - hoping it would be 1.27 - well you can see were that has gotten me. It is a great idea - just doesn't work the way you want from time to time. Patience - yet at this rate the barrel is pretty dry.................."

Very true. But now comes the perspective shift where you expand your timeframe to later say, " that was a good purchase at .87" when the sp is 1.50. That's where the patience comes in. You also have to be prepared to duck back out at a predetermined acceptable loss until you nail it if you are unhappy with the purchase..... or wait it out.