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    FINANCE MELTDOWN EFFECTS AROUND THE WORLD
    October 6, 2008 - World

    Following the bailout by the US of the American Finance Industry other countries around the world are facing similar problems From Iceland to Germany as governments around the world have to decide if they should let large and small finance companies go bust or provide bailouts. Stock Markets around the world also suffer massive losses ranging from the United States to Russia as concerns over the economy give the markets concern.

    CREAM OF WHEAT
    October 6, 1893 - North Dakota, U.S.A.

    Cream Of Wheat, a hot cereal, was created by millers in North Dakota. During the economic depression of that year, the Diamond Mill of Grand Forks was looking to revive their business.. The head miller, Thomas S. Amidon, convinced the partners (Emery Mapes, George Bull, and George Clifford, Sr.) to try making a porridge product using farina. George Clifford's brother, Fred Sr., came up with the name Cream of Wheat because the product was so white. Four years later to the then thriving milling city of Minneapolis, where it was produced for a century.

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Whipsaws In The Market :

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ARTICLE INFORMATION :

A whipsaw is a representation of profit-taking going on in the market.

ARTICLE CONTENT :

One of the factors to consider when trading with stop-losses is whipsaws. Whipsaw is the name given to the tiny and regular market movements during trends. For example, when a share is in an overall bull trend, it will periodically turn over and fall in price for a couple of days, before resuming it's general upwards trend. This is a whipsaw. A whipsaw is a representation of profit-taking going on in the market.

People who have made a good profit on the share after it has had a strong rally up are now selling to realise that profit. Their selling pressure temporarily halts the upward bull trend. The market absorbs these sellers with an abundance of buyers and then the share continues its bull run. Whipsaws exist in bear markets too. One of the threats of using stop losses is the risk of being; Whipsawed-out; of the market.

If the whipsaw is greater than your stop loss, then you may end up selling before the share reaches its actual peak. This is just one of the realities of share trading. It will definitely happen to you. It happens to the best of us. All you can do is to develop a series of selling strategies to complement your stop loss. Serious traders have been known to use up to and over 5 different selling indicators on each trade. All indicators must be positive before they will sell the share. Even then, it only improves their trading, it doesn't make it 100% reliable. For most people, though, just using a stop loss will go a long way to improving their trading results.

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  • Spectrum Live
    Forex, forex options, fx options trading platform. Online Trading platform, online trading software.

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  • November 28, 2014Date Added :
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