A simple exit strategy is the 25% retracement rule: exit when the stock retraces so that you've lost 25% percent of your highest profit.
Cruzan... do you set a minimum amount of profit before this kicks in? I would imagine, for example... if you make 4 ticks and lose one, you don't want to exit.... or does this simply depend on your time frame and stop?
Bob, if you actually spent the time to read and understand what Jack has written in the past (spydertrader's journals) and hinted here, you'd see that you're in dire need of a better paradigm toward trading.
It's probably a waste of time to expect any "easy fix" here. The solution is simple- If your current trading strategy sucks, GET A BETTER ONE.