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    ISRAEL IN SPACE
    September 19, 1988 - Israel

    Israel launches its first satellite, "Offeq-1" (Horizon 1) onboard a Shavit rocket from the Negev Desert over the Mediterranean, becoming the ninth country in space. As an experimental satellite it was possibly on an experimental surveillance mission. Its announced functions: 1) Experimentation in generation of solar power; 2) Experimentation in transmission reception from space; 3) Verification of system's ability to withstand vacuum and weightless conditions; 4) Data collection on space environment conditions and Earth's magnetic field.

    CHINA MILK PRODUCTS RECALLED
    September 19, 2008 - China

    China recalls a large amount of milk and milk products, such as baby formula, after inspectors find melamine in liquid milk and tainted baby formula kills four children and gets over six thousand sick. Three of the country's largest milk producers were involved in the scandal after trying to decrease costs by diluting the products. Update: In 2009 a number of senior executives from the companies involved are executed by Chinese authorities and more than 300,000 babies had fallen ill from consuming milk products tainted with melamine.

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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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