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Wade

Efren Rosario
Sat, 02 Dec 2017 16:52:00 GMT

Can you look at MSFT? Using the PSAR and Keltner Channel. I'm confused.I watched both Strategies Session with you as the instructor. If I look at the PSAR it will be stoped me put right before dividends day. If I look at the Keltner Channel I'm still in the trade. Please advice, Thank you very much. Efren

Wade Hansen
Mon, 04 Dec 2017 15:36:35 GMT

If I understand your question correctly, you're wondering if you're interpreting the indicators correctly because one indicator would have stopped you out in mid-November while the other indicator would not have stopped you out, right? This is normal. Different approaches for determining stop loss levels (like the Parabolic SAR vs. Keltner Channels) are going to generate different exit signals. Sometimes they may confirm each other and take you out on the same day, but most of the time they are going to provide different signals. Ultimately, you have to decide which approach you want to use and then place your trades accordingly. Trying to use multiple stop loss approaches at the same time is similar to indicator piling with oscillating indicators. Eventually you just have to choose one.

Efren Rosario
Tue, 05 Dec 2017 00:49:43 GMT

Thank you very much for the clarification.