Chip away that initial capital investment, by taking 5% here and 10% there, until you made back 100% of your initial investment.
At this part of the topic, does OP means only take a percentage of the capital? If yes, why not take the 100% of the capital then wait for the moment to buy again. I'm not good in reading the charts but I still want to trade to have some extra income. This topic could help me when to take profits.