Hello, I just wanted get some opinions on profit taking in terms of stock day trading. Usually when the trade is going my way, I put a stop right above the entry and let it run. When it runs it works great, but more often I see the trade come right back and stop me out. The issue is that if i take my short term profit targets I often miss out on the great runs, but when those runs don't happen (they don't happen often) I am left with nothing. After reviewing it seems that the sum of profits that I lose from not cashing out during the short term bounces is greater then the profit that I make when I do catch a run. Do you agree with this? Should I leave the big runs for investors?