A Great Tool for Setting Trailing Stops

08/21/2013 6:00 am EST

Focus: TRADING

Hubert Senters

Founder, HubertSenters.com

The Parabolic SAR is a great way to use a trailing stop to lock in your profits. Developed by the famous technician Welles Wilder in 1978, this indicator, which stands for Parabolic Stop-and-Reverse, helps a trader determine a stock’s or market’s direction.

In this short trading video, Hubert Senters will show you how to use Parabolic SAR on both swing and day trades.

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