When I catch a trend, I try to stay on it as long as possible.
I am still 100% long CI.
Notice all of the continuation patterns that develop.
I am 50% long KHC (Closed out in the performance tab).
Close up of the price action for KHC is below.
I always have at least two sets of stops. With one set, once the target is reached, I will jam 50% of my stops or take 50% profits. The other 50%, I give some room to run. I am a swing trader that takes positions on breakouts. Here is the reality- I will never catch the very bottom or the very top of any stock or future. My goal is to take chunks out of the middle.