The ability to place stop orders is an essential function of any trading platform. Before considering whether to use this versatile tool, it’s important to understand how it works. There are actually four major types of stop orders. Each of them can be applied to either long or short positions, but for simplicity, we’ll describe […]
Even for experienced traders, there still remains a lot of confusion out there about using trailing stops. Larry Levin sheds some light on how traders can effectively use trailing stops in their stock investing.