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Can I maximize my profits and minimize my losses? |
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Stock Assault 2.0 has been very accurate from development to commercialization. We publish picks that have already been bought and sold on the homepage. However, once you become more familiar with the stock market and using our software, we suggest learning more about Stops and Limits from your brokerage.
Using these advanced order features you can automate your orders while maximizing profits and minimizing losses. For example, a trailing limit can let you ride the increase of a stock beyond when Stock Assault 2.0 might suggest to sell while locking in your profits no matter what. With a stop loss, you can set the stock to be sold if it goes below a certain price. On the other hand, a stop loss can also work against you. Sometimes a stock will drop momentarily but jump back up to the target profit price. A stop loss would have sold your position before the price had time to jump back up giving you a loss and not giving you a chance at the profit.
You can become more familiar with these order types at: http://en.wikipedia.org/wiki/Order_(exchange)
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