You must also realize that the stock you mentioned (R**N) has been heavily pumped / promoted to get that kind of rise in price. All technical traders know that what goes up must come down. That one will drop too, and then I will buy at a logical chart position for a quick profit on the swing. I didn't even consider buying TLAG on the way up, because (as I said) it WILL come down, especially since it does not have a pump in motion to keep the price inflated. I'm sorry that you lost money-- I've done it many many times before. It stinks. That's why I decided that it was better for me, as a trader who was sick of losing, to only watch big gainers with an interest in the eventual downward correction and bounce / swing. It works for me and though there are still duds now and then, it's much less risky.
I'm not trying to be critical of your approach or the approach of anybody else. I'm sincerely sorry when anybody loses money. The best thing if you're in at the top and the price drops is to get out on the way down, wait for the bottom, then put all that money back in again for the bounce to regain what you lost. Or, keep your shares, add twice as many at the bottom (average down) and then take your money back on the bounce. That's the best advice I can give when you're down that much. Otherwise, you're stuck hoping that the price will recover to where it was when you bought it, and that far from a guarantee, unless you consider yourself a long-term investor who is willing to wait any length of time for the price to recover.
Best of luck to you. Happy trading, and I hope to see you around iHub often.
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