Spot on. Considering your thought process, you might have a shot at this. Start with these three areas.
1. Catalysts
2. Speed
3. Control
Good luck
This makes sense to me I wonder why everyone is complicating it so much. Also to let's say u have a 1 point on the downside and 2 points on the upside. I have been watching and sometimes the direction doesn't hit the 2 points exactly but sometimes comes super close. What you increase ur profit if let's say u where at 1.5 point to move up ur stop to your entry point?