Originally Posted by goldfish

So up the stop loss as the stock goes up, figure the amount of fluctuation in price you need to leave room for so you don't sell on a dip and your good to go. The only thing your limiting is the loss on your gains. In this situation I would have set the stop loss at 6% below your $3000 gain to start and then moved it up every time the stock went up, always lagging behind just enough to avoid the ups and downs in the price.

See I am good at making money when I get lucky and pick the right stock, but I suck at picking the right stock.