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How to Keep from Losing Money After You Make It

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Losing money right after you make it is a horrible feeling. With the volatility of the market, it's easy to see a stock jump one week and then drop the next. If you don't decide to sell after a stock is up in anticipation that it will continue to increase, a simple way to secure your gains is by setting up a trailing stop. A trailing stop is a stop whose price you raise as your profits grow. This will help you lock in any gains you make.
Source: http://www.contrarianprofits.com/articles/10-tips-to-successful-options-trading/3987