Hubert Senters here.

Let’s go through how to use a Parabolic SAR if you jump out of stuff too quickly, trail your stop too aggressively or hold on to things too long.

This tool can usually fix some of that. So let’s pretend that you are long Google right here at this first little blue dot right here.

You’re long. You’re going to stay long until these blue dots reverse and then go to the purple color.

So in this case scenario, you’d be long here. Now, the way this thing is designed is to make sure that you’re always in the market.

I’m not a huge fan of that so I would use it slightly different. In other words the proper use of the technical how it’s meant to be used would be long here.

You’re going to be long here. And then you’ll exit and then you’ll short here exit in short and then you would cover and then go long here.

I don’t think that’s a wise thing to do. So let’s take another step. Now, we go on long here. Exit takes some profits then go really long right here.

Long, exit takes some profits and then you’re going to get long again. Long.

That one right there is basically a breakeven trade and then you’re long here.
Long and you’re staying long until you get an exit signal.

Troy Noonan is going to be doing a special webinar Tuesday, September 7th at 7PM on a hidden sector that you probably never traded before so I’m going to HYPERLINK you to the registration page.

Good luck. Hope it helps. See you on the next video.

Hubert.