there doesn't appear to be any cut and dry ideas about when to sell and take profits, it's more of a personal choice based on your risk/greed tolerance best I can tell. As of right now I'm up 23% on my fedex stock which is about 1400bucks pre tax and I haven't owned it a year yet so taxed at a higher rate. It's tempting to cash it in, but I'll ride it a bit longer. No real exit plan as buying stocks is a hobby for me not a real source of income. I don't have the money or knowledge to make any real income.
So what is your exit plan?
