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Strategies & Market Trends : Befriend the Trend Trading
SPY 690.64+1.9%Feb 6 4:00 PM EST

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To: DaringDon who wrote (27216)10/12/2002 8:24:31 AM
From: shamim a ansari  Read Replies (2) of 39683
 
Thanks Don,I believe these trailing stops would work just as any other stop order with the added benefit of trailing nature.So once price is hit,it becomes market order.Yesterday I did a few trades in KIND,after going long I placed the stop order one $ below the market price,trading was very volatile & got filled at pretty bad price.Let me give you specific my stop was 14.56 got filled at 13.76.I was wondering whether in this situation trailing stop would be any better.
Grateful.
Shamim.
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