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Hitbodedut10

01/07/20 2:25 PM

#178978 RE: BesaoT35 #178962

Trailing stops are a nightmare for me. Plus this type of investment is looking for a huge spike. Amazon, Apple do not experience those spikes and one might use a trailing stop to protect a profit in such an investment. Here the PPS might take out your position and then BOOM!
Don't try to be to smart. Alternate plan is sell part of your position where you are comfortable and if it dips you can reload, sell remaining, do nothing etc.
I'm not a flipper in general but depends on scenarios. Be careful and don't be greedy and remember in general the market makers are atleast one step ahead if not 2 days ahead. This is over the counter land. GL