You own shares of a stock that has been steadily rising over…
You own shares of a stock that has been steadily rising over the past two months. This stock (and the broader market) may have risen a little too high too fast. You want to enter a trade that enables you to continue to profit if the stock’s price rises further but protects your downside too. You want this to be a “dynamic protection” that will protect more of your profits if the stock rises from the current price level before it eventually takes a plunge. What type of order should you place right now?