Trailing stops are crucial investment tools. They offer downside protection when stocks drop, and they help secure profits during an upward run.
But in order for trailing stops to work, investors must understand how and when to use them.
By Money Morning Staff Reports, Money Morning -
Trailing stops are crucial investment tools. They offer downside protection when stocks drop, and they help secure profits during an upward run.
But in order for trailing stops to work, investors must understand how and when to use them.
By Money Morning Staff Reports, Money Morning -
Trailing stops are crucial investment tools. They offer downside protection when stocks drop, and they help secure profits during an upward run.
But in order for trailing stops to work, investors must understand how and when to use them.
Here's how to make trailing stops work for you.
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
Every once in a while, I like to circle back to some of the great questions I get from you.
Today, I want to dive into one from Suzanne P., who wants to know if “Fibos” can help her make money in the markets.
In a word, yes. But, you’ve got to understand what “Fibo” analysis is and how it works to make it profitable… Full Story
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
Every investor has a story about the one "big gainer." But the really successful investors have several stories... and the data needed to replicate their success over and over again.
What's their secret?
It's not QuickBooks or an Excel spreadsheet or the yellow ledger and pencil some old-schoolers still use to log pluses and minuses in a single column.
They can be useful tools, of course. But neither of them tracks the decision-making process itself. It's not for nothing that Barron's research reflects that 85% of all buy/sell decisions are wrong. The reality is that most investors buy when they should be selling and sell when they should be buying.
It's only when you begin to understand what went into each trade that you can begin to replicate your successes and avoid your failures.
And for that you need an investment journal - one that records three things for maximum profits...