One of the interesting discussions we have in our Investing for Retirement course is when we explain the importance of Stop-Prices, or Stop-Losses as they are often called. There is always a bit of pushback, and it’s understandable. We hear comments such as...
So, sell when you must, but selling too soon can be costly when you own good quality companies that pay a nice dividend that is growing. One should never underestimate the power of compounding.
VectorVest announced the release of ProfitLocker Pro, a unique, proprietary, ratcheting trading Stop for Canadian shares. The ProfitLocker Pro Stop allows a stock to fluctuate early in a trade when it’s below a target percentage gain and tightens automatically as the stock moves closer to the target.
