I have been watching and learning, both the trading side and the...

I have been watching and learning, both the trading side and the forum dynamics. Especially about BLY, which I agree, has tremendous upside.

The one thing that I am learning hard and fast, is not so much when to get in a stock such as BLY, but rather when and how you get out.

SELMAX, I kind of understand why you chose to trade this puppy today, particulary setting your entry point, but what is your exit strategy? Many times I have gone into a trade like BLY and before I know it I am under water. The decision as to whether to cut and run is always a difficult one. Thoughts anyone?