A wise strategy IMO. Use of a trailing stop takes all of the emotion out of booking profits or protecting capital. My last several position trades have been executed in this fashion while I was away from my trading station.
Dell looks fairly active this morning. Sellers slightly out number buyers at present. Lots of large buy orders above $27 in the 2000 to 5000 share order range. Dell is one case that would not fit my interest rate cut theory, which we discussed on voice yesterday. By that I mean that it would benefit from a fed rate cut unlike most tech stocks.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.