BRN - EXIT PLAN WITH SMALL CAP, page-47

Hi Noodle,
My usual strategy for spec shares is to sell off between 33% and 50% of my holdings once they climb up over 100% so that way I get all my capital investment back and then let the remaining shares ride . If they keep going up I will sell portions as I need or see fit too, if they go down then I don't really worry as I've already got my money back

I bought in at 6ish cents and 3.ish cents and sold once it went past 100% gain . I now only hold half the amount of my original holdings, however I'm still pretty damn happy even with the current retrace in price.
Needless to say it was still hard to watch it go down 50% early on but you can't get emotional .. It was a huge gamble to top up but it has payed off so far .
I still think there is some upside in the share but time will tell .

so to clarify sell half at over 100% gains and free carry. That's an exit plan

Good luck