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    OBAMA IN BEIJING
    November 16, 2009 - China

    Barack Obama continues his tour of Asia by holding a summit in Beijing with Chinese leader Hu Jintao. Mr. Obama was given an official welcome in the Great Hall of the People, before going for talks with the Chinese president. Trade, climate change and economic issues are expected to dominate procedings. The two men had also met for dinner. Before the closed-door meetings began, Mr Obama said: "We believe strong dialogue is important not only for the US and China, but for the rest of the world."

    WEI JINGSHENG
    November 16, 1997 - China

    Wei Jingsheng the pro democracy dissident is released on medical grounds after nearly 18 years of incarceration and deported to the United States. He had been released in September 1993 as part of China's bid to host the 2000 Olympic games but when China was beaten by Sydney, Australia for the games in November he was put in jail again. Wei Jingsheng was in jail for the crime of treason, but the real reason was his outspoken writings against the ruling communist regime including condemning Chinese occupation of Tibet.

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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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  • November 28, 2014Date Added :
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