CATEGORIES

TODAY IN HISTORY

    MAN ATTEMPTED TO HIJACK A PLANE
    February 22, 1974 - Baltimore-Washington Airport

    A man attempted to hijack a plane flying out of Baltimore-Washington Airport and crash into the White House. The attempted hijacking left a police officer and pilot dead. The suspect, Samuel Byck, said he wanted to kill President Nixon. Byck, who called his plot "Operation Pandora Box," committed suicide. The attempted hijacking ”the second aviation scare involving the White House in less than a week” prompted Secret Service to upgrade White House air defense systems.

    TODAY'S BIRTHDAYS
    February 22, 0 - Halleywood

    Former Sen. Birch Bayh, D-Ind., is 86. Actress Piper Laurie is 82. Actor Seymour Cassel is 79. Author Joseph Wambaugh is 77. Actor John Hurt is 74. Singer Steve Perry is 65. Country singer-musician Teddy Gentry (Alabama) is 62. Movie director Jim Jarmusch is 61. Hockey Hall-of-Famer Mike Bossy is 57. Actress Linda Blair is 55. Actress Diane Lane is 49. Actor-rap DJ Jazzy Jeff is 49. Country singer Regina Nicks (Regina Regina) is 49. Rhythm-and-blues singer Marc Gay (Shai) is 45. Actress Katie Finneran (TV: "The Michael J. Fox Show") is 43. Actor Gabriel Macht is 42. Actor Balthazar Getty is 39. Actor Christopher Kennedy Masterson is 34. Pop singer Willa Ford is 33. Actress Beverley Mitchell is 33. Rock singer-musician Ben Moody is 33. Actress-singer Phoebe Strole (TV: "Glee") is 31. Actress Sami Gayle (TV: "Blue Bloods") is 18.

MEMBER LOGIN

RANDOM QUOTES

  • The wealth of the nation
    by Earth Day, Gaylord Nelson

    "...The wealth of the nation is its air, water, soil, forests, minerals, rivers, lakes, oceans, scenic beauty, wildlife habitats and biodiversity that'as all there is. That'as the whole economy. That'as where all the economic activity and jobs come from. These biological systems are the sustaining wealth of the world...."
  • Happiness
    by Thomas Jefferson

    "...Our greatest happiness does not depend on the condition of life in which chance has placed us, but is always the result of a good conscience, good health, occupation, and freedom in all just pursuits...."

RANDOM FACTS

  • More vehicles
    about Stolen On New Year's

    More vehicles are stolen on New Year's Day than any other holiday throughout the year. (So does that mean thieves are having their last fling before changing their ways or are they trying for a big score to start the New Year?) Cancer Facts & Figures
    about Besides Lung Cancer

    Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia.

Whipsaws In The Market :

Choose Your Color :

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.

ARTICLE SPONSOR :

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

DEEP LINKS & SUB-PAGES :

ARTICLE STATISTICS :

  • 4140Article ID :
  • Dugald McCullochOwner :
  • Featured Articles / LifetimeArticle Type
  • November 28, 2014Date Added :
  • NeverExpires :
  • 0Average User Rating :
  • 0Total User Votes :
  • 0Reviews :

RATE ARTICLE :

Please rate this link article.
You must be logged in to be able to rate an article.

USER COMMENTS :

No user reviews have yet been made or approved for this article.

You must be logged in to be able to leave a comment.