I am a big proponent of planning trades as thoroughly as possible before getting in. I prefer to set my stops in one place and exit the trade all at once if I am wrong, but taking profits is another topic. At times, one profit target makes sense. Other times call for multiple profit targets.
Check out this week’s free newsletter  over at TheStockBandit.com for my thoughts on planning profitable exits. And by the way, you can sign up for the free newsletter on the Free Newsletter page  at TheStockBandit.com. An opt-in form is provided at the top of the page which puts you in full control of your email subscription at all times.
Trade well this week!
President, The Stock Bandit, Inc.
[tags]Stock Market, Trading Profits, Profit Targets, Stock Trading[/tags]