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What is a trailing stop?

Posted on Monday, September 17, 2007 at 02:32AM by Registered CommenterStockWiz Team in | CommentsPost a Comment

As part of your risk management, you may want to set a limit sell order when you buy shares. In other words, you can say "Please buy 100 shares of Microsoft at 29.85 but if the stock goes down to 27.85 please sell imediatelly". <more to come>

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