When you buy a stock, you’re essentially buying a small piece of a company. You hope that the company will do well and the stock price will go up so that you can sell it for more than you paid for it and make a profit. However, sometimes the stock price...
We wanted to see what ChatGPT would say about trading with trailing stop loss orders, here is what the AI system provided. Trailing Stop Loss is a type of order that is used in trading to protect profits or limit losses by automatically adjusting the stop loss level...
Trailing Stop Loss Orders are a great strategic tool to help investors minimize losses and recognize higher profits. You set a price that you don’t want your stock to go under and if/when your stock gets to that price, an automatic notice will be sent to the broker...
When you are beginning your first foray into stock investing, you need to gather as much information as you can from a variety of sources. You can utilize tools like StopLossTracker to make your learning process much easier. You can get status updates and...
Trailing Stop Loss Orders are a great way to manage your stock investments. Do they always work? Not always. They don’t mix well with volatile stocks. Why? Volatile stocks can swing widely – from euphoric highs to catastrophic lows. And you don’t want to be...
StopLossTracker (SLT) is a specifically designed tool for managing your trailing stops outside of your brokerage account. SLT can track all of your stocks and notify you via text and/or email to let you know if your stop loss has been hit.