A trailing stop is a variation on a standard stop order that can be put at a specific percentage or dollar amount distant from a security's current market price. Trailing stops are generally used to lock in profits after an asset's price as reached the investor's desired level. For reference, a trailing stop loss on a long investment (or trade) is placed below the current market price, where a trailing stop is placed above the current market price for a short sell type of trade or investment.
As we all know, 2022 has been a painful year, and it continues to be so. What works during a bearish market are a few strategies: shorts, inverse ETFs, holding cash positions and day trading. Today we take a look at ATXI and see how we day traded it. Watch this video to get the technicals. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is