For Yahoo Stock Watch Alert. I have 1 set for a 30% decrease. What will it use as it’s base? Does it change?
I want to set up a “Trailing Stop ” for a stock I purchased. I don’t understand how this alert can work.
Trailing stop means your broker will sell the stock for you once it drops below a certain amount. For eg. ABC is $5 today. so the stop point would be 3.50. lets say tomorrow ABC goes up to $8 so your stop loss will be 5.60. and it doesn’t go down so lets say on the day after that the stock plunge from 8.00 to 5.60 your shares will be sold.
5 Stocks to Watch