Locking Profits: Stop-Loss and Trailing Stop OrdersChapter II - Sec II
 You bought a stock at $150. It is now trading at $180, putting you up 20%. Every trader faces this question: do you sell now and take the profit, or hold and hope it goes higher? Selling too early means missing potential gains. Holding too long means watching profits disappear. There is a third option: lock in your profits while still giving the stock room to run. The Problem with “Just Selling” When a stock is up, selling feels like the safe choice. But here is what often happens: ...