On Profit Taking/Preservation 8 Months, 4 Weeks ago
Karma: 0
Hey guys!
Just wanna ask how you guys deal with situations in which you have identified a target price and you are just 2-3 fluctuations away from the said target price before it starts pulling back.
I usually use trailing stops to preserve my profits but sometimes my stops are too tight and I get kicked out of the stock prematurely. It's really annoying to get kicked out of a stock only to see it reach the target price later.