He makes it sound like the US is shipping 2 billion oversees which is far from the case. All those automakers while foreign born have large operations/plants situated in the US.
It's more than likely that the vast majority of the cars sold were actually manufactured in the US, which...
Exactly... Money management is the key to being a winning gambler/trader/risk taker.
Knowing how to trade/gamble and knowing how to manage your bankroll will make you a long term winner.
True. Thats what I am trying to get around. Would like to have some way to tighten the stop if the stock moves up to lock in profits.
Or some way to have an intial stop and a trailing stop that starts moving when a certain level is broken.
Tried searching but couldn't find an answer.
With IB I know you can set a trailing stop. Can you set an intial stop and a trailing stop that has a tighter margin?
Example:
Have an intial stop of 2 points and have a trailing stop of 1 point. So if I buy XYZ @ $50 my intial stop is @...