"Not used to using trailing stops much but definitely going to be the way I want to play it this year."
My comment:
After what happened last year across the board, I think many investors will be doing that.
Now gold shares are quite volatile at the best of times.
So I wonder how many investors who sell out because of trailing stops will be prepared to buy back in at a higher price? Will they even have the cash to be able to buy back as many shares as they sell? I also wonder how many investors who sell out because of trailing stops will miss a huge run of hundreds of per cent in the shares they sell?
Add to My Watchlist
What is My Watchlist?