Utilizing Signals in Stock Trading and Setting Trailing Stops

The chapter explores how various signals can be used in stock trading to determine when to set a trailing stop, focusing on factors such as true range calculation, gap considerations, volume increases, and price gain signals. It emphasizes the significance of patience, adapting trailing stops to market conditions for optimal gains. The discussion also covers the analysis of stock direction based on chart patterns and the strategy of selling stocks in stages to manage positions effectively.