When you decide to cash in, what is your method and why? The two most common I've seen is either the half and half where you lock in your profit once you reach your price target and let the rest ride. Or the all or nothing method, selling at the near top (or what you think is the near top). I typically go with the latter method, but just today I was reminded why this could go against me. I was riding KLAC from its lows and sold at the morning rally when it started showing weakness. Of course, it was just a ploy to shake out the weak hands and off it went. I hit myself on the head for being faked out. Luckily, I was able to jump in on a pullback and ride the rest way up. Again, I did the all or nothing method. I know Pristine and others suggest the 1/2 method, but the trading books I've read by Dr. Alexander Elder suggest that this method is not the most optimal. As I am still quite new to trading, I'd like everyone's philosophy on this.