How to Stagger Your Stocks

A lot of people put in stops at round numbers. We try to take it down a little bit because most people are actually playing those stops at those round numbers. Sometimes on the way out of a profit zone, if a stock is moving above an area and we want to take some profit,. I may take out part of the position and wait for it maybe to get above and out of the level if it does. But from a risk management standpoint, there's nothing like taking a profit.