Hi.
I have just discovered trailing stop orders (http://ift.tt/2iRsLNu) and was wondering - given that the position is currently positive, is there a reason why I wouldn't want to have TSO on it?
It seems that it does not limit the upside, but protects earned profits from being wiped out.
Lets say we set it to sell at 7.5% down from last highest price. What's the downside? Risk that a stock/ETF is volatile and will rebound immediately?
Am I missing something?
Submitted January 13, 2017 at 06:12PM by arturaz http://ift.tt/2jO2UdC
