A Word About Trailing Stops

We have talked about using Trailing Stops as being an excellent method for limiting your risk as an investor. Unfortunately, the use of Trailing Stops also entails some effort on the part of any investor who employs this method of monitoring his/her portfolio - the effort I speak of requires re-calculating your "exit point" as the price per share of the particular stock increases. What to do about it if you don't care to do the math yourself?

Well now there is an online service available (as a subscription) that will automatically track your trailing stops. It also tracks prices and profit thresholds. This service is called, "TradeStops" - and you can find it easily in our list of "Links."

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