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How to Stop Getting Out At The Bid Price?

by Wayne
(Colorado)




There is a difference between ask and bid. Every time I place a trailing stop order (10%) while the stock is rising the order executes because of the bid price, and the stock keeps rising but I am out. How can this be avoided so that can keep making money. Everyone says set a target, but the bids always trail and I can never sell at my target.




Comments for
How to Stop Getting Out At The Bid Price?

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Feb 21, 2011
Stocks Simplified Writes
by: Shaun

You should be able to place a stop on the price of the stock and not the Bid price. If you don’t know how to do that you can call your broker and have them help you.

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