The current price is 1.47 for this stock. Stop loss is @ around 1.13. If you happen to accept the risk of $500 and bet that the stock will go up, then you have to buy 1470 shares. If it doesn't and closes below 1.13 you will take the loss of 500 and move to the next trade.
Remember guys, we are walking in a random environment. The edge is more than %60. So we do not know which trade will be the winner, all we know is we have a high probability.
Trade well