dondon

There is 4 things that could happen to you when trading:

1) make a small profit

2) make a big profit,

3) have a small loss

4) have a BIG loss

All you need to do is avoid #4 above, and you'll always make money...

Personally I'd take some profits off the table....don't be upset if prices go another 25 cents or more, and don't be proud as a peacock that you could have lost more if prices collapse....btw I'd sell the most recent purchases, so you have more room to play with with the cheaper stocks (immaterial in your case...)

Treat stocks as inventory...you bought at X and want to make 10%, 20% or 50% - whatever your objective may be.

Btw, in all my trading years, I've yet to come across a good exit strategy - it is the toughest part of trading....many will tell you when to get in (even other primates do a good job at getting in).....few can master a good exit strategy...whether maximizing profits or minimizing losses.....the more mechanical you make your trading style, the less emotional are your trades (the ultimate killer)

Good Luck

Booster