I am more of a type 2 and 3. Lesson learn from someone close is that, only when u realize a gain then is true gains. A lot of painful learning from the dotcom boom/bust that a lot of companies went belly up and many dot com businesses overnight filed chapter11, with all your stocks/ options going to $0. U can say u are holding on to a good business, but look at Kodak, Nokia etc. My advice: learn to take gains away from the table when time is right, not when u need it. Happy investing!