No. of Recommendations: 1
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.

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