Tag Archives: trailing stop loss order

The stock market can be very volatile so it is important to use stop-loss orders to protect your profits. Here's why and how best to do so.

Understanding and utilizing stop loss orders is a very critical component of your overall portfolio management strategy....Use stop loss orders to protect your profits by taking the emotion out of your trading decisions...[or when you are] on vacation or cannot monitor positions on a daily basis. [Here are the specifics.]