You are dealing with the hardest problem of all in trading, when to take profits. There are several strategies, again the key is consistency. One strategy is just to take profit - but this is not recommended, because you might not get another entry for half a year if we have a good rally, and you will just sit on the sidelines whatching how much money you could have made. Another is the phased approach - sell 1/3rd at first target, 2/3rds at second target,and let the rest run. I personally don't like this, but it is sound. Another approach is the chandelier stop or the SARS. you will see a lot of profits leave the table, but then you will also hit the odd really big trade, and this is where proponents of this technique make their money. Personally, I work on a system where I take an average of 6 trades a month on 6 different stocks, if the entry is right. I aim to let the strongest 2 ride, and take profits on the rest. My goal is to build up a safe level of geared exposure. Once I am 10 to 1 geared on my total portfolio(never reached this level), then every 10% move on my portfolio will double my money - this is my goal.