Comments on: Using Trailing Stop Orders with Your Online Broker

By: Blain Reinkensmeyer

Blain Reinkensmeyer — Tue, 18 Aug 2009 21:15:01 +0000

Nice catch Vince! I have updated this first $50 to $100. You are 100% correct.

By: Vince

Vince — Tue, 18 Aug 2009 18:58:30 +0000

The following example has me confused:

Price Example – Stock XYZ is trading at $50 a share, and we set a price parameter of $3.50. Well since stock XYZ is currently at $100 a share, we will not be automatically purchased shares until the stock hits $103.50 ($100 + $3.50).

- in the first sentence it says the stock is trading at $50. in the second sentence it says the stock is current $100 a share? Is it a typo or is there something I’m missing? Did something else happend between $50 and $100 that triggered the buy?

Thanks,
Vince

By: Stock Limit Orders and How They Work | Stock Trading To Go

Stock Limit Orders and How They Work | Stock Trading To Go — Sun, 03 Aug 2008 00:19:49 +0000

[...] component that makes it unique, and the four types of orders are market orders, limit orders, trailing stop orders, and stop loss orders. This article will cover limit orders and explain how they [...]

By: Blain

Blain — Thu, 24 May 2007 20:24:53 +0000

That sounds like a good way to go. I would imagine using percentage more on higher priced shares, like $20+ or so because that way it is less to figure out On top of that though most of the time people use a 7% rule or what not.

By: Derrich

Derrich — Thu, 24 May 2007 19:44:03 +0000

I take advantage of both price and percentage. My general rule of thumb is price on lower-priced (per share) stock and percentage on higher-priced ($50/share and up) stocks. Nothing special.