Bracket Trader

In a world with trailing stops, why would anyone use a limit order to close a winning position?
Pick a target and use that price to tighten the stop - not to close a position that could run well past what you thought would be the top.
 
Quote from Deep_and_Liquid:

In a world with trailing stops, why would anyone use a limit order to close a winning position?

...to hedge against the upside?:D
 
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