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Re: Optimal trailing stop percentage
Ok, my misunderstanding.
The SPY is a ETF fund (referred to as a tracking stock by some). It is a great trading vehicle that mirrors the S&P500 and trades like a stock. This allows great diversification and if you look at the last 3+ years has increased from 80+ to now 140+.
There have been some nice pullback, but it has trended upwards nicely and is retesting the 1999 and 2000 highs (the internet boom)! So for a buy and hold strategy, that would have been a great return on your investment.
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