My advice is to sell 10% of that stock when it is up by 10X above your average. That returns approximately your entire investment, and lets you play with 'free' money the rest of the way.
Then, I'd find another similar stock and repeat the process. I have 7 tickers currently, and will have 8 soon. Each is expected to gain by at least 10X within 1 year.
I'll be selling 1M AMLH when it hits $.04, which is 10X my average. Another mil at $.40. And, I'll still have 8M to play with.
The proceeds will let me identify and buy similar plays. I absolutely do not day trade, so daily fluctuations are immaterial, other than catching my sell points. I don't usually worry about my entry points, as it is the gain from the entry point that I am concerned with.
I watch my tickers daily, however, for serious problems that could tank the stock. I'm not afraid to bail on stocks that don't meet my '10x in 12 months' requirement.
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