A: Studies show that investors who utilize strict rules like trailing stops – even though they can result in losses from time to time – do better overall than those that don’t.
Trailing stops offer three key advantages: 1) They keep you from selling your stocks during powerful uptrends; 2) They prevent small losses from becoming catastrophic losses; and, 3) They keep you from flying by the seat of your pants and letting emotion creep into your investing decisions.
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