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    BOOTLEGGER OUTSMARTS PROHIBITION AGENTS
    July 17, 1928 - USA

    Prohibition agents still cannot catch the well known bootlegger who plies his trade on the Ohio River and is well known and protected by locals who warn of agents in the area. He makes his moonshine up in the mountains and travels slowly down the river quenching the thirst of locals along the way. When he runs out he goes back to the mountains to start the process again.

    BOY SCOUTS OF AMERICA TO KEEP GAY BAN
    July 17, 2012 - United States

    After a secretive two year review on the subject the Boys Scouts of America have decided that they would not change their policy on excluding gay scouts and scout leaders. A panel of eleven people chosen for their diverse views voted unanimously to keep the policy unchanged and a spokesperson for the organization stated that it was the best policy for the group. Many critics of the decision, including board members of the organization, say that they would support a change and that gay members should be allowed to join.

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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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  • Dugald McCullochOwner :
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  • November 28, 2014Date Added :
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