Let Your Profits Run With Trailing Stops

http://www.tradinginanutshell.com/

The term trailing exit (or trailing stop) refers to your exit level trailing the share price by a set amount as the share price moves upwards. It is imperative that this step is in place to ensure you maximise profits and not take them too early. You want to let your profits run so you can sufficiently offset any previous losses.

Successful traders want to give a share price room to move, in order to see how far it can take them and an effective way to do this is with a trailing exit. Learn more at: http://www.tradinginanutshell.com/

Category:

Education

Tags:

• trailing stop
• exit strategy
• exit strategies
• how to pick stocks