|Use a mental trailing stop..
Posted: 7/27/2012 10:46:28 AM
Draw a line in the sand and stick to it.
So if the stop is 3.50 then put the order in as a GTC sell stop at 3.50 trigger and a 3.50 sell..or 3.51 trigger and a 3.50 sell.
Making a stop in your head might not work, if you want to let it ride then put in a real stop order..