Trailing Stops

By Stuart on October 14, 2008 2:19 PM | | Comments (0) | TrackBacks (0)
Need to consider further how I would use these.  They lock in profit but not necessarily my percentage requirement - that is I could achieve my percentage requirement but then the price falls back and I make only a fraction of what I could have made even though it is profit.  Is it better to have a mental stop loss on a trailing stop - I would prefer to watch the price when 3% has been met then watch buy and sell pressure towards getting out at about 3% or holding on for more.  Revisit this and Google for other thoughts on this issue.

Need to explore whether trailing stop can be tightened as the price rises - I think it can and this would be the way forward.

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This page contains a single entry by Stuart published on October 14, 2008 2:19 PM.

Talvivaara Mining Company, Schroders, Heritage Oil, Afren, Standard Chartered was the previous entry in this blog.

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