It's really tough to ever sniff a multi-bagger if you’re trimming big chunks off anytime you see a little green.
I rarely trim into strength...instead, I let specific weakness or signs of fragility in my thesis (technically, fundamentally, or catalytically) dictate my next move.
If everything remains solid, I'm staying fully in or even adding.
The other (rare) 10% is me trimming on massive extensionary moves.
- obvious blow off tops
- multiple ATR moves in a short period
- god candles
Otherwise my goal is always to hold bigger size, for longer timeframes.
Winners deserve more capital, not less...most people's "systems" tend to shrink their best ideas.
Once I'm actively in a trade + happy with my positioning, I barely look at the chart. I'll even temporarily remove the stock from my main watchlists. Out of sight.
I use charts to find setups, a good entry, and define my risk.
But after my technical plan is set, my attention shifts almost completely from the chart to the thesis. If the reason I bought is still intact, I let the position work. Hands off. Leave it alone.
I'll have some alerts set + check in throughout the week. But let her cook.
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