Finance: Trailing Stops Tested

Trailing Stops Tested

Written by Dr. Steve Sjuggerud

Continued from page 1

Let's say you buy a stock at $10, and it rises to $20. If it falls by 25% down to $15, you sell, no matter what. It is a way to cut your losers early and let your winners ride. It is an excellent last-gasp "safety" to get you out of a loser that you don't recognize (or aren't yet willing to recognize) as a loser.

I make a point to always set my exit points right when I decide to buy something. Now it's easy to tell you this. But it's another thing to try and track it...

The Software I Use to Track My Trailing Stops

Let me tell you, I've tried everything. You can't imagine repparttar investment services I've subscribed to. I've used services that can and do run upwards of $20,000 a year (including Bloomberg, and Ned Davis Research, for example)...

But what I use to keep track of my trailing stops is a tiny little program called XLQ Companion. It lets me track my trailing stops and tells me how far below repparttar 137545 closing high repparttar 137546 stock is.

I think repparttar 137547 creator of XLQ Companion envisioned it as a total portfolio management program. You can use it for that. But I just use my brokerage account as my portfolio tracking page, and I use XLQ Companion just for my trailing stops.

Beyond repparttar 137548 little XLQ Companion program, repparttar 137549 actual XLQ program is phenomenal. XLQ is an amazing creation that allows you to manipulate stock data in Excel. I use it for research and for tracking my stocks, their fundamentals, and whether they're above or below their moving averages right now. Every time I open Excel, all repparttar 137550 data and formulas are updated. Investment U Vice President Brian Hunt uses repparttar 137551 Average True Range function of XLQ as part of his Microcap Moonshots research. It's really valuable.

Good investing,

Steve

Dr. Steve Sjuggerud is editor of the True Wealth and Investment U newsletters, and serves as President of Investment U and the Oxford Club's Investment University. He helps people become better investors with actionable investment advice they can put to use to build their portfolios, such as the trailing stops article above.

Credit Cards – What is the “Universal Default Clause”?

Written by Charles Essmeier

Continued from page 1
or a utility bill could cause your credit card interest rate to go up. This, in turn, could hurt your credit score. There is currently nothing in Federal law that prohibits this practice; repparttar

law only requires that lenders disclose it in writing. Credit card companies justify this by saying that customers that make late payments to anyone increase repparttar 137526

risk for all lenders. Nevertheless, many, if not most, credit card customers are unaware that such policies exist.

Not all credit card companies have such a policy; in fact, most do not. Customers who are not interested in having repparttar 137527

interest rates of their credit card tied to their ability to pay their phone bill on time would be advised to read repparttar 137528

fine print in their credit card statement. If such a policy exists, you could either complain to your credit card issuer about it or shop around for another credit card. The lesson to be learned here is a valuable one – when you receive your credit card bill or a notification that your credit card billing terms have changed, take a moment to read repparttar 137529

fine print.

©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a site devoted to debt consolidation and credit counseling, and HomeEquityHelp.net, a site devoted to information regarding home equity loans.

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