Most traders have been in that one big monster parabolic trade where they made a killing. The problem is the exit. It is important to always be wary and plan a trailing stop to get out of your huge winners. So many investors and traders just get lucky and get in the right trade at the right time and catch a monster trend. Their patience to hold pays off by catching a full move in their favor by letting their winner run. Unfortunately this patience is a liability if they also hold all the way back down coughing up big profits. One part of the exit is a well placed trailing stop under a near term support price or ... (full story)