I bought AAPL in '98 for a split adjusted $8/share. Having a trailing stock would have knocked me out at around $25/share or so in 2000. Same with NFLX a few years later.I think that would have been a bad move ;)Reasons for selling stock:1. The reason you purchased the stock has changed/no longer applies.2. The stock value has become too large of a percentage of your portfolio.3. You have a better use for the money (investment, new car, etc.)I don't see trailing stops fitting any of those reasons.-murray
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