Sean, what are your thoughts on averaging out of a position when it is time to sell (in a similar fashion to how you talk about averaging down on a position)?

I generally sell out all at once because the stock is usually way overbought technically or expensive fundamentally. However, something that can be done when you're up a lot is sell half of your shares and place a stop-loss near breakeven on the remaining shares and occasionally move up the stop-loss.


Cool. Thanks.