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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (3105)	12/28/2004 7:09:25 AM
From: John Carragher	Read Replies (1) of 8752

i thought trailing stops adjust themselves. i just started to use them on ameritrade and i entered points. I thought it read the trailing stops adjust as stock moves upward but doesn't change if stock moves down so it will hit your trailing stop sooner on stock moving forward vs having a fixed limit stop set. I got taken out of ntap and cree using trailing stops as they adjusted to higher limit stop loss prices and avoided giving back more of my profits. appreciate your posts on siri.. i used to follow your thread a few years back and guess i got side tracked.

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