[pcabc]

The problem you have doing that is that if you hit your stop loss you will be down 40-50% on the position.  You need to ensure that if your position fails it won't take out 1-2% of your over all account.  A 40-50% loss on a position is just too much.

Better to look for other opportunities, even if that means a long wait.

I have that stock for almost a year, I have to raise the stop loss. It’s not for trading.

OK, I misunderstood.