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On Profit Taking/Preservation (1 viewing) (1) Guest
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TOPIC: On Profit Taking/Preservation
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chinitosmile (User)
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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.

Hope to hear from you guys soon!
 
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On Profit Taking/Preservation
chinitosmile 2008/02/26 13:45
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yeahbah 2008/02/26 18:18
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