Hey, I'm Ryan Mallory, and this is my swing trading, the stock market podcast.

I'm here to teach you how to trade in a complex, ever-changing world of finance.

Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of trading,

and most importantly, to let those winners run wild.

You can succeed at the stock market, and I'm ready to show you how.

Hey, everybody. This is Ryan Mallory with Swing Trading the Stock Market, and I have a good episode

for you guys today. We're going to be talking about trailing stops. We're going to talk

about how to use them, if you should use them them and whether or not I like to use them.

And this email today comes from a guy I'm going to call him Gus. And Gus writes, first and

foremost, great podcast. I discovered it months ago and I'm catching up on past episodes. I love the

whiskey reviews. You got me drinking old fashions now. Hopefully not too many.

They sure grow on you. I do get the store-bought syrup, but I have been experimenting with my own bidders, a combo of nutmeg, cardamon, caraway, and orange zest. All good stuff, man. I either use Maker's Mark or Jim Beam. I've always wondered what your thoughts are on plain old Jim Beam. First of all, Jim Beam.

It's kind of like Jack Daniels.

I prefer personally to go with Knob Creek nine years.

It's 100 proof, really good for the old fashions.

The heat and the spice comes down dramatically off of that when you use it in an old fashion.

On to my question. You have discussed you don't like using trailing stops, but there are times when I am not able to babysit stocks

and I use the trailing stops. For the most part, it has been okay except when it has stopped me

out early, but it's also saved me at times. I also use trailing percentages to occasionally purchase stocks.

It works great when the stock is in the uptrim, but I wrestle with the best percentage

to use.

One, two, six, eight.

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