Navellier Growth: your source for market-beating growth stocks

 

06.09.08: As we move into volatile times of summer and have some huge gains in positions, would it be advisable to set stop orders to lock in gains if we have a sell-off and buy back a position later?

You are always welcome to take profits whenever you wish.  Yes, the summer can be volatile, but I strongly recommend that you hold your stocks through the upcoming second quarter earnings announcement season that will commence in July. If you want to take profits, it would be after your stocks release their strong quarterly earnings. 

I should add that I do not use stop loss orders in Blue Chip Growth or Emerging Growth since I am trying to get you long-term capital gains (only 15% federal taxes) and stops could interfere will my goal of paying less taxes.  However, in my Quantum Growth service, I utilize stops since it is more of a trading service with several buys and sells every week. The extra work certainly comes with extra rewards though, as my subscribers have beat the S&P 500 by a 30-to-1 margin! If you enjoy more active trading and are willing to foot the tax bill, you may want to check out Quantum Growth.

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