Of course, if you're already well into the green and not sure how much higher the etf can reasonably run, a trailing stop makes good sense.
Me, i like to look at the charts, especially plugging in, not just the 50dma, 125dma, and 200dma, but also things like the 9dma and 26dma (which will show at Stockcharts.com when you plug in the Ichimoku cloud indicator)... and i find that the HFT algos used by the big hedgies are often swinging the etfs and their 3x etfs between these support and resistance lines.
This gives me info for where to put those auto-sell points with a high probability of getting profits up to those points.
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