Hi, I'm a noob to trading. I've seen a lot of talk of entry and exit points, but I feel like sometimes people are arbitrarily picking their exit points just to make the reward/risk profile look good. Take the chart I've attached for Inco Ltd (symbol: N). I entered @ $42.23 as the MACD was positive, the green DMI line had just crossed the red line and was going up, Parabolic SAR was showing buy signals, and the price had just crossed the mid-point of the price channels and appeared to be rallying. Where is the proper exit point for this trade? I was thinking around $46, for a 10% gain, but I'm not exactly sure why I was thinking that. As soon as I bought I saw "3 advancing soldiers" so I thought "cool, I was right." I'm new to this, remember. Then a doji, then it came back down and bounced off the 50 day MA, then another little rally and pullback and bounce off the 50 day MA, then a 3rd climb and bounce off the MA, then yesterday a 3% gain, and then today it's back down a percent so far (the rightmost candlestick on this chart). I'd like to say it will keep going up (maybe a few more bounces off the MA) and I can sell at as it touches the upper price channel, but I'm not sure... How do I go about finding the correct exit point here? Thanks.