When Do We Sell and Why?My old friend Steve used to write stories about “Old Turkey”. He was a character from Jesse Livermore’s Reminiscences of a Stock Operator.Old Turkey was known for his patience in a bull market. Because the hardest thing for most investors to do is nothing. His advice was always to “sit tight” and don’t sell during a bull market.When younger traders would tell him to sell and buy back in cheaper, his response was:“Why, this is a bull market!”His point was simple. You don’t want to los ...

Investment Strategy - A trailing stop is a stop order that tracks the price of an investment vehicle as it moves in one direction, but not in the opposite direction [1]