Martin LukNot by Martin. Built by a fan.
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Managing Winners

What is your position-trimming strategy?

8 May 2026 · Edited from Martin’s stream; not a verbatim quotation.

I prefer trimming less when we are in the early stage of an uptrend. There are definitely spots where I like to trim, especially when a stock becomes extended on the daily chart, but this is discretionary and I don't use a fixed indicator. Sometimes I use the 60-minute chart to judge whether a stock is extremely extended. For example, on MRVL, if you bought lower, an up day above 120 could be a good spot to sell some. Another spot is an unfilled gap. Tesla’s gap near 470, around the previous highs, could be resistance where I'd sell into strength. The most important thing is trusting the trend and not getting shaken out.

Source: Not euphoric enough | 8 May 2026