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Let's go talk to Will and San Diego.

He wants to talk about trailing stops.

Yes, I have a little difficulty understanding just how they work.

For example, if I've got a stock and I put in a trailing stop at 10%, and it goes down 3% each year for about five, I mean each day for about five consecutive days, when does the sale trigger?

So a trailing stop is typically, okay, what is that high price that's in an uptrend?

And if you say 10%, it's 10% from that highest

price. So we have 10% pullback, that's when that stop would be triggered. Oh, okay. So it doesn't

go like 3% each day for five days and then it doesn't trigger? Well, 3 percent for five days is, you know, over 15 percent.

So if it's 10 percent, then at some point, yeah, it's going to hit that 10 percent at some point

over those five days.

Oh, okay.

Okay, I got you.

Thanks a lot.

Okay, I got you.

There you go.

All right.

Thanks for the call, Will.

Let's go ahead and play another Invest Talk

listener question now. Just had a quick question about investing for my young son. I've been doing

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