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To: hdl who wrote (21469)1/18/2004 4:14:28 PM
From: stock bull  Respond to of 21876
 
Hi hdl,

Re:<<what % off the price should the trailing stop be? i want to use this for naz, tech, telecom, internet crapt i hold which has taken off.>>

First, you need to analyze each stock separately. You need to determine, or at least estimate, the random variation in the stock's price movement. This needs to be done so you don't get taken out by this normal swing in the stock's price. You can then set the stop loss at a value that's below the random variation. How much below depends on what you think is the best exit price for your particular investment style.

Another way to do this is to simply determine the amount of profit, or loss, that you are willing to accept in the stock. Then set you stop lose at a value that would not exceed this amount of loss.

Hope this is clear, if not, let me know.

Stock Bull