Protective Strategies: Trailing Stops and Price Collars
Summary
In this session we will review various types of stop orders including dollar stops, percentage stops and trailing stops, then we'll combine a stop and a limit sell to build a "price collar," with protection below and a target above.
Speaker
Investor Education at E*TRADE from Morgan Stanley
Rick is Vice President of Investor Education with E*TRADE from Morgan Stanley.
As a veteran speaker and educator, Rick has presented for over 20 years across the U.S., Canada, Europe, and Asia. His background covers technical analysis, market strategy and risk management. Rick has presented with some of the top financial exchanges including the Chicago Board Options Exchange, the Chicago Mercantile Exchange and NASDAQ OMX. He has extensive media experience including a regional PBS weekly show as well as numerous radio and television appearances.
Rick was the managing supervisor of one of the earliest online trading firms. He began his career as an Engineering instructor and a Propulsion Engineer on the F22 Raptor program for the USAF Systems Command.
His undergraduate and graduate studies focused on Systems Engineering, Mathematics, Operations Research and Statistics. He holds the Series 7, 24, and 63 licenses.