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To: Madhur who wrote (8)4/7/1999 1:41:00 AM
From: hatch  Read Replies (1) | Respond to of 36
 
Thanks for the reply. I didn't make the question clear, though. Can you set a stop so that it remains a certain percentage below the current price as the current price moves up? So, let's say you buy at 100, set a 10% stop, and the stock moves up to 120. Can the 10% stop be set to AUTOMATICALLY move UP with the stock price, in this case to a stop of 108, i.e., 10% below the new high? (The stop obviously does not automatically move down as the stock moves down.) Sorry I was not clear.