WHAT YOU NEED

Seeing all the talk about FRZ on various blogs,I gotta post this..
FRZ types(huge intraday swings aka big dayrangers) are risky no doubt but if you trade these like "normal" stocks you either shouldn't or adapt some rules...
Just my opinion,too many folks have no idea these are DIFFERENT than 90% of the stocks tradeable but yet treat them the same way.

To optimize playing these kind...
1. you need enough in your account to beat the pdt rule
2.you need to take no more than 10% of your account in each one on the 1st enter
3.you need to use market orders when possible when entering
4.you need to use MENTAL stops
5.you need to use WIDE stops
6.you need the confidence to add to shorts of the "crap" stocks you short that first go against you(why you enter smallish at first and need a larger account)
7.you need to stop watching every tick
8.you need to stop trading with scared money,the object isn't to break even..it's to hit the big scores or be CONSISTENT trade after trade with smaller gains
9.you need the flexibility to "flip" a trade in midstream and the confidence to do so
10. you NEED to do your homework,don't rely on anyone else..run the scans,LEARN the stocks you are trading,over time watch the behavior of these stocks
11.you need to have a broker that gives you the borrows..I WANT the stock now that I want to short...not the 2nd,3rd or 4th choice
12.you need to look at the LOWER float stocks first if you are scalping these dayrangers.
13.you need to pay attention to EVEN dollar marks on these low priced ones

Most important,you need account size and less exposer in just one stock,lessons the scared money thing...they all add up over time,just keep plugging away.
If you can't follow most of these rules,I'd say trade way less volatile stocks...without these rules you're hunting down Godzilla with a peashooter